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The research, development, approval process, and production all absolutely cost money that needs to be recouped from the sale, but we shouldn’t ever forget the
by seventytwo 3y ago
The research, development, approval process, and production all absolutely cost money that needs to be recouped from the sale, but we shouldn’t ever forget the reason why the company exists: to make profit.
- wahnfrieden 3y agoIn other words, no it is not only supply and demand - it’s the desire to maximize profit as far as the market will bear
- daedrdev 3y agoOr like the other response to your parent comment said, it could cost a ton to make, which lowers the number of people who can get it, driving costs even higher due to low volume.
- seventytwo 3y agoIt’s both. But it’s ultimately the profit motive that drives a business at all.
- konschubert 3y agoYou also need to pay for all the other research projects that did NOT yield a successful drug.