The expression ” brand-name drugs include an invisible tax ” is not commonly used to describe drug prices, but to understand what is being referred to, let us consider the composition of drug prices. Composition of drug prices Interpreting “Invisible Taxes” Conclusion The main reason for the high price of brand-name drugs is the need to recover R&D and other costs. While there is no direct “invisible tax” included in the price, it is true that expensive R&D costs are reflected in the price. Some...

While it is true that opinions exist regarding the choice of drugs, such as “brand-name products are better” or “domestic products are better,” there are several reasons for this, but they do not necessarily apply to everyone. Here are a few points to consider Original and Generic Products Domestic and imported products Conclusion While “brand-name drugs are better” or “domestically made drugs are better” reflects a general expectation of reliability and quality, generics are also basically considered reliable in terms of safety and effectiveness since...