3 ms·
"This is such a ridiculous argument, IMO." ? You are the head of strategy presenting to Big Pharma CEO. You say 'Here are 5 new drugs which have potential fo
by jollybean 5y ago
"This is such a ridiculous argument, IMO."
?
You are the head of strategy presenting to Big Pharma CEO.
You say 'Here are 5 new drugs which have potential for great impact, each will cost a billion. 4 of them are vaccines, which will be very inexpensive, and nobody will buy and we will lose money. One of them is a fairly expensive cancer treatment. Which one do you want to focus on boss?'
Supply/Demand and just Basic Economics generally work their way into the system.
Some drugs are much more profitable than others, many of them are not going to be profitable, and there's less incentive to work on them. Vaccines in particular.
It's a big part of the equation we have to deal with.