3 ms·
I don't judge the price of the drug in isolation to be fair or unfair. A drug that costs $10 million could be fair in certain cases(if 1000 people had the disea
by MichaelBurge 10y ago
I don't judge the price of the drug in isolation to be fair or unfair. A drug that costs $10 million could be fair in certain cases(if 1000 people had the disease, and it cost $1 billion to develop, then $10 million would be a bargain).
If their earnings within 2-3 years exceeded double what they paid for the drug, I consider this unfair pricing without much further thought. (Edit) After the correction from the other commenter, it looks closer to an 87% margin. So probably they should've paid more for the company to justify charging that much.