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Pharmaceutical Industry

Regulate the drug companies

Regulate the drug companies

As a physician practicing for more than 45 years, I read with interest Attorney General Brian Frosh's commentary, "A cure for the $750 pill" (Oct. 30).

Mr. Frosh's proposes a "federal pharmaceutical price-gouging law." Nice try.

To put the problem of outrageous pharmaceutical prices in the United States in perspective, you must understand several things. First and foremost, the pharmaceutical companies are enjoying 20-to-40 percent profit margins — better than banks, better than carmakers, better than oil and gas, better than the media. In...