27 ms·
It wouldn't if they were subsidized? I think a lot more auditing should take place. We are told drug corps spend a lot on R&D and that's factored into the price
by tluyben2 6y ago
It wouldn't if they were subsidized? I think a lot more auditing should take place. We are told drug corps spend a lot on R&D and that's factored into the price. That doesn't 'rhyme' with Gilead CEO's open letter[0] which says they base drug prices on the 'value it provides', not on the costs absorbed. My feeling is that drugs would be far cheaper if they would actually base them on the costs absorbed.
[0] https://www.gilead.com/news-and-press/press-room/press-releases/2020/6/an-open-letter-from-daniel-oday-chairman--ceo-gilead-sciences https://www.gilead.com/news-and-press/press-room/press-relea...