Specific nature of medicines and value of medicines

Abstract

Medicines are not ordinary consumer or industrial goods but goods of a specific nature. The article provides an overview of the fundamental characteristics that distinguish medicines from common consumer goods.

Another essential attribute of the term medicine is its values (clinical, economic, human), which form a crucial concept of the medicine category.

Keywords

• medicine as a commodity
• specific nature
• clinical value
• economic value
• social value
• added value