headshot of JB Silvers, professor at CWRU Weatherhead School of Management

Weatherhead School’s J.B. Silvers explains why the introduction of a new medication in the market doesn’t always change price of preexisting ones

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MarketplaceJ.B. Silvers, the John R. Mannix Medical Mutual of Ohio Professor of Health Care Finance, explained how the introduction of a new drug doesn’t necessarily result in a change in price for a preexisting drug for the same condition.