Prices are signals carrying information about how valuable consumers find a product. When you artificially dampen the signal, you reduce the incentive to produc

Prices are signals carrying information about how valuable consumers find a product. When you artificially dampen the signal, you reduce the incentive to produce below the societally optimal amount. This is the Econ 101 argument. If you think drug prices are "too high" then you need to refute it directly.