3 ms·
"Maybe together they can cut production costs so this life saving equipment doesn't have to be sold for $11,000 It's not the unit cost, it's the R&D that's exp
by jariel 7y ago
"Maybe together they can cut production costs so this life saving equipment doesn't have to be sold for $11,000
It's not the unit cost, it's the R&D that's expensive.
The $5000 screwdriver definitely is a thing, if you need 5 Engineers to design it but only ever make 5 of them, to be used on the Space Shuttle for example.
- Turing_Machine 7y agoFDA approval is a big, big line item too. For drugs, it's something like $2 billion up front before you sell a single pill. For medical devices it's not as much, but still can be in the tens to hundreds of millions.