3 ms·
I believe you're completely wrong here. A quick search tells me the markets are much closer than that. R&D cost is lower and regulation isn't as strict so I wo
by CorrectHorseBat 3y ago
I believe you're completely wrong here.
A quick search tells me the markets are much closer than that. R&D cost is lower and regulation isn't as strict so I wouldn't be surprised if selling vitamins is the more lucrative business. The pharma companies haven't missed this and they are also in the business.
- JohnBooty 3y agoThe point is that relative to pharma, the supplements industry has essentially zero regulation and essentially zero barrier to entry. Anybody can get into that game, and they do, judging by the thousands of different supplement peddlers one sees on Amazon and at the local CVS. Some of them even stick around for more than a year or two. It can be a profitable business, but it's sort of a race to the bottom. I'm a fan of supplements, but if you think that selling Vitamin D pills at Safeway can gave you power and money on par with an international pharma company selling lifesaving cancer treatments at $10,000 a pop or whatever then what are you doing talking to me on HN? Go bottle some pills and think about what kind of superyacht you'll be buying.