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> life saving equipment doesn't have to be sold for $11,000. Production costs don't really enter into it. The actual breakdown is probably more like: Producti
by Turing_Machine 7y ago
> life saving equipment doesn't have to be sold for $11,000.
Production costs don't really enter into it. The actual breakdown is probably more like:
Production costs: $25
FDA approval: $100 million dollars
- hourislate 7y agoToo bad you got junked. This was a major complaint from folks Peter Attia had on that trying to take a drug etc to market can cost hundreds of millions and years through the FDA process. It actually could have been David Sinclair that was saying that but I might be mistaken.
- Turing_Machine 7y agoYeah, for a supposed entrepreneurial web site, there sure are a lot of people here nowadays who don't understand basic economics. This site has turned into a tech-flavored subreddit of Think Progress.