3 ms·
> They do this thing all the time in India for COBRA bites and it's not even close to being that expensive. US Pharma would say because India doesn't care abou
by joecool1029 8y ago
> They do this thing all the time in India for COBRA bites and it's not even close to being that expensive.
US Pharma would say because India doesn't care about medical patents and R&D cost. (Not saying I agree at all, but that's the excuse given)
- zaptheimpaler 8y agoHeres an article breaking down the cost of precisely that rattlesnake antivenin [1] Unsurprisingly, its mostly blatant money grabbing. 70% is pure markup that insurers don’t pay but uninsured do. 2% is the R&D cost. Probably for something we invented 100 years ago which makes you wonder just how the R&D continues to cost $100+ per dose decades after its basically perfected anyways. [1] https://www.washingtonpost.com/news/wonk/wp/2015/09/09/the-crazy-reason-it-costs-14000-to-treat-a-snakebite-with-14-medicine https://www.washingtonpost.com/news/wonk/wp/2015/09/09/the-c...