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The Benefits and Savings of Publicly-Funded Clinical Trials of Prescription Drugs

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March 2008, Dean Baker

This paper proposes publicly funding prescription drug trials as an alternative to the present system wherein pharmaceutical companies often finance and conduct tests of  their drugs themselves.  The report posits that in addition to substantial savings for the government, independent companies working under long-term federal contracts would result in full and accurate disclosure of the results of drug testing.

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