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Modern vaccines and new drugs are vastly more expensive. It costs for example over $1 billion to fund a new drug.
by kjghkjghkjgh 3y ago
Modern vaccines and new drugs are vastly more expensive. It costs for example over $1 billion to fund a new drug.
- disgruntledphd2 3y agoYeah, but does it have to be? Like, definitely there's costs associated with Phase 1/2/3 etc, but right now the actors in the chain have absolutely no incentives to limit these costs, as they help to justify the huge profits gained from the temporary monopoly of patents. Also, it's worth noting that all the big Pharma companies spend much, much more on marketing than they do on research.
- worik 3y ago> Yeah, but does it have to be? No. Definitely not. We learnt that during the mad scramble for a Covid vaccine. Followed up by a sickening cash grab.