5 ms·
Medications for people with rare conditions tend to be astronomically priced (attempting to recover r&d costs from few buyers?). Covid doesn’t seem to be partic
by temp0826 6y ago
Medications for people with rare conditions tend to be astronomically priced (attempting to recover r&d costs from few buyers?). Covid doesn’t seem to be particularly rare
- tyingq 6y agoThe original purpose of the drug was for prostate and breast cancer.
- xiphias2 6y agoI guess the need is so much more at this point that the cost of producing the drug matters much more. Anyways, it can't be too expensive to produce to be practical, because the valuation of the company increased by billions of dollars.
- tinus_hn 6y agoThere are two things that matter in setting the price: - how much the company needs to be able to make the drugs and turn a profit - what the buyer is willing to pay People buying drugs don’t have the choices people have in a free market and these companies know it.