In his new book, “Phake: The Deadly World of Falsified and Substandard Medicines,” Roger Bate explores the underground trade in illegal medicines that kills over 100,000 people per year and supplants billions of dollars of real products.

Can the Health Impact Fund reward the makers of the best new drugs while keeping prices low? At this AEI event, experts will analyze the potential impact of this publicly funded program.

Production of pharmaceuticals in developing countries can promote growth--but only when the market prescribes it.