[JohnDoe365]

Because it's a largely unregulated market.

[rufusroflpunch]

If you read many other posts in this thread, you will see it's the exact opposite. Unregulated markets nearly always result in lower prices. Pharmaceuticals are, by far, one of the most register markets.

[antisthenes]

Unregulated markets never stay unregulated for long. It's an unstable system. The biggest players in the market have incentives to create regulatory capture mechanism through influence on policymakers.

[ekianjo]

I am asumming this is sarcasm.