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Well those 20 years are where they make all the money - there is a lot of reason to think that they would just double prices if you were to cut that period in h
by from 4y ago
Well those 20 years are where they make all the money - there is a lot of reason to think that they would just double prices if you were to cut that period in half. Given that Humira has made life livable for millions of people with RA, Crohn's and a bunch of other really terrible problems I'd argue it was worth every cent of the $200 billion in sales (we probably spent the same amount on annual UN fees and diplomats over the same time period). I think something should be done about this patent gamesmanship but I find it hard to see them as evil when they have a patient assistance program that covers the overwhelming majority of the population.
- pr0zac 4y agoThe department of state and foreign affairs costs about $55b a year so we spend about five times more a year on diplomats than Humira. Now exactly why you think it’s reasonable for the country to spend 1/5th of what it costs to run the entirety of foreign diplomacy for the biggest superpower on earth on only a single drug I’m not completely sure.
- from 4y agoBecause the drug is highly effective and has improved the lives of millions of people? There is a reason Medicare patients are willing to spend 5 grand a year on it. What has the State Department done for me lately?