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Meaning
The quote says that generic drug markets work best when prices at the start are low enough to bring in several companies. It suggests competition depends on making entry affordable for multiple suppliers. In that model, lower entry prices help prevent a single firm from dominating the market.
When It Was Said
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Who It Was Said To
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Historical Context
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Source
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Original Language & Translation
Originally said in English.
Did They Really Say It?
No source found on Wikiquote; listed as attributed.
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About Scott Gottlieb
American physician and investor
Scott Gottlieb is an American physician and investor. He served as the 23rd commissioner of the U.S. Food and Drug Administration from 2017 to 2019, and he is a contributor to CNBC and CBS News’ Face the Nation. He is a senior fellow at the American Enterprise Institute, a partner at New Enterprise Associates, and a board member at Pfizer, UnitedHealth Group, and Illumina. He is also an elected member of the National Academy of Medicine and the author of Uncontrolled Spread, a New York Times bestselling book about the COVID-19 pandemic and the national security weaknesses it exposed.
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