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    Drug Prices Can Take A Surprising Turn When A Poor Country Gets Richer

    A new study finds that as poor countries become wealthier, it becomes harder for citizens to purchase basic medicines at affordable prices.
    by Joanne Lu Jul 08, 2019 5 minutes
    A new study finds that drug prices can vary dramatically in the developing world, especially as a country moves up the economic ladder.

    When a poor country becomes wealthier, it's a good thing, right?

    Not if the country is trying to buy essential medicines.

    A new report, published by the Center for Global Development in June, finds that as countries move up the ladder of economic development, it becomes harder for government agencies, hospitals and health care companies to buy drugs at reasonable prices.

    The report compares the range of prices that seven low- and middle-income countries pay for 25 medicines, including acetaminophen for pain relief, bisoprolol to treat high blood pressure, insulin to treat diabetes and omeprazole to treat heartburn. And when the prices were compared, there was a huge discrepancy. Some countries pay 20 to 30 times as much as other countries for the same drugs.

    So even though a country may be progressing up the economic ladder,

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