28 ms·
This is similar to people who discuss how little it costs to make a drug pill instead of the costs to bring it to market. Like this pill takes 3 cents raw ingre
by abirch 2y ago
This is similar to people who discuss how little it costs to make a drug pill instead of the costs to bring it to market. Like this pill takes 3 cents raw ingredients in it.
OT: Don't get me on my diatribe about reducing drug costs by ending direct to consumer advertising.
- paulryanrogers 2y agoDo tell. How is direct to consumer advertising helping?
- abirch 2y agoMost pharm a companies spend more on marketing than research. If I were king for a day, I would ban direct to consumer marketing like it was banned before Ronald Reagan. Pharma companies could preserve their profit margins and reduce drug prices if none were allowed to market. If one doesn't market and all the others do, they'll lose market share.
- immibis 2y agoThey'd still spend more on marketing than research; it just wouldn't be direct to consumer. The real solution there may be more government funded research.
- InsideOutSanta 2y agoThe research is largely already government-funded (US tax dollars funded or provided funding to every new pharmaceutical approved between 2010-2019, for example), it's just the patents and marketing and pricing and the profits that are private.