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Valsartan 40 mg price of $3.49 in 2011. It has always been the case that prescription drug prices increased every year no matter the underlying trend. price of generics is also lower. According to Dr. David Kessler, of the Harvard T.H. Chan School of Public Health, "High price increases for many generic drugs stem from price fixing by manufacturers that Where can i buy viagra in san francisco don't want to pay U.S. patent protections and instead wish for a price closer to the prices that foreign makers charge" (Kessler, 2012). However, when generic drugs are used in countries like the United Kingdom, European countries like France and Sweden, Dr. Kessler observes that generic prices actually decline. Furthermore, he finds evidence that other countries' manufacturers are lowering the prices. In his last paper on drug pricing, Kessler finds that prices in countries are not part of the European Economic Area decline at a faster rate, and also that some U.S.-made generic drugs are being produced outside of the American market (Kessler, 2013). Therefore, the question of why drug prices in America rose is not solely limited to Europe. The answer lies a little canada drug online closer to home. The Food and Drug Administration (FDA) has been a major factor driving prescription drug prices upwards. In fact FDA has a more powerful impact on pharmacy prices than Congress might. Because FDA's decisions have impact on over one million drug companies, it has had a major impact. According to FDA's 2012 annual report, it had an effect with respect to over 456,000 generika von valsartan drug and device firms, with nearly 80 percent of the firms increasing their prices over the past calendar year (Nancy Metcalf, FDA Commissioner's Office of Communications, 2012). A majority of all drug manufacturers can increase the prices by 5-10 percent in the next 12 months after FDA approves a drug, but smaller manufacturers can face higher increases (Sharma and Gupta, 2011). In an industry notorious for price gouging the FDA has been accused by Congress for ignoring the evidence of high drug prices for years and taking too much authority over setting drug prices. The FDA often turns down companies' requests to lower drug costs. The pharmaceutical industry also contributes to the increase of drug prices in America – as they have throughout the history of United States health care system. However, for the purposes of this paper, it is enough to note that drug companies are among the largest businesses in America. They can always raise the price of their products if they wish. Therefore, when you buy an antibiotic, it may cost more than in Germany, Australia or even the British Isles. There is a widespread myth, sometimes circulating within academia, that pharmaceutical companies lobby congress. There is no hard evidence to support this claim. Yet, the real cause of skyrocketing prescription drug prices is rather simple. It has been a decades-long trend, with the recent changes primarily as a consequence of industry deregulation in the 1990's. Because of deregulation, drug companies were able to put together new companies and acquire old ones. Pharmaceutical companies expanded to new areas and sought out businesses. As for the original drug industry, prices for valsartan it was mostly a small organization with many patents issued to it by the government. Over time, these companies found themselves in close competition with each other as new antibiotics hit the market and new drugs were created. As such, companies developed new produc