Today’s pharmaceutical industry is failing most Americans. The structure of laws, regulations, and institutions that shape corporate decision-making drive runaway profits rather than improve patient health. Transforming this broken system requires using the tools of government in expansive ways—a “one-two punch”—by reining in the industry’s extractive practices through stiffer market regulation and deploying the power

Today’s pharmaceutical industry is failing most Americans. Every day, a new story emerges about an outrageous price spike for a lifesaving drug, a fraud perpetrated on the American people in the name of profit, or the revolving door of administration officials entering an agency from a drug company or leaving to go to one—a practice