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What price controls other countries have allow for profits that are more than healthy. And I don't think that the economics of pharmaceutical research are all t
by blkhawk 2y ago
What price controls other countries have allow for profits that are more than healthy. And I don't think that the economics of pharmaceutical research are all that closely coupled to the prices of drugs in the US. The apparent profit margin of the US parma industry is just too high for that - I have seen 70% cited compared to ~20% in other countries. [Source:https://healthpolicy.usc.edu/research/flow-of-money-through-the-pharmaceutical-distribution-system/ https://healthpolicy.usc.edu/research/flow-of-money-through-...]
Lets just think about your 3B weighloss thing leaving out complications like its a spherical cow in a vaccum - there are enough overweight people in the world that if you can sell enough of it to each of them at a 10USD profit in total you easily make that back. Imagine what a 20usd per cured overweight person profit would do. isn't doubling your money enough? And considering that new potentially overweight people are born every day it would be a perpetual (spherical) cash cow.