Price of drugs: more competition and less superfluous regulation

"Ken Kaitin, a professor of medicine at Tufts University who has studied drug regulation around the world, says there is “absolutely no evidence” the U.S. drug supply is safer than in Britain, Canada or Europe."
http://www.wsj.com/articles/a-cure-for-swelling-drug-prices-competition-1472662484

And the reverse is probably true so we can save a lot of money...

Generic drugs are cheaper