Debate Over Whether Biologics Constitute Natural Monopolies Continues
August 1st 2019
By Allison Inserro
Article“We wish biosimilar competition would efficiently lower biologics prices to the socially optimal level of marginal economic cost,” wrote Bach and coauthors. “But, in this case, the ideological preference for competition needs to be put aside for a more effective, efficient, and economically justified approach of regulating biologics as natural monopolies.”