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Pharmaceutical companies can turn out pills for pennies and sell them for dollars. Many people who...

Pharmaceutical companies can turn out pills for pennies and sell them for dollars. Many people who need these drugs cannot afford them. How can these companies justify charging so much?

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Pharmaceutical companies are reach in every corner of the world as they produce the medicine at so much little cost and sell these cheap medicine at pretty higher rate to patient. This companies meant to take out big money from the people who are suffering from decease that require urgent medicine or some medicine. The reason behind the higher price of medicine is the intellectual property right they have for the particular medicine so that no one can copy the medicine in market and these companies can ask for any price they want to. Another reason for the higher price of medicine is that there is no free market for medicine that makes them too much costly.

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