Medicine

Why Drugs For Rare Diseases Are So Darn Expensive

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An "orphan drug" is one developed to treat an "orphan disease"—that is, a disease that not many people have. Thanks to the rules of supply and demand—plus some choice regulations on the part of the U.S. government—the median price for an orphan drug is about 20 times the price of a non-orphan drug. But what's worse: an expensive drug, or no drug at all? Explore the idea in the video below.

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An Introduction To Orphan Drugs

The Orphan Drug Machine

The Pharmaceutical Industry

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