What is a Fair Price for a Lifesaving Cure?

Explore the complex issue of drug pricing and accessibility in this thought-provoking 14-minute TED talk. Delve into the concept of value-based drug pricing and its limitations when applied to revolutionary treatments. Examine the challenges of balancing fair compensation for pharmaceutical innovations with ensuring widespread access to lifesaving medications. Learn about alternative pricing models proposed by healthcare economist Amitabh Chandra that aim to make future groundbreaking drugs and regenerative medicines affordable and accessible to all. Gain insights into the ethical and economic considerations surrounding the pricing of potentially life-changing treatments in the healthcare industry.