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Explore the complex issues surrounding drug development and pricing in this thought-provoking 49-minute talk from The Aspen Institute. Delve into the long pipeline that moves pharmaceuticals from laboratory to marketplace, examining the challenges of balancing innovation with affordability. Learn from eminent health economists as they analyze the current drug discovery framework and propose strategies to improve access to therapies at reasonable prices. Gain insights into the era of precision medicine and its impact on drug development. Discover potential solutions to the pressing question of how to create a system that supports innovative therapies while ensuring patients can afford the treatments they need.