4 ms·
yes, it needs to cover the cost in development and getting it through approval. however, this also establishes a market - a competitor will now either come wit
by pinaceae 12y ago
yes, it needs to cover the cost in development and getting it through approval.
however, this also establishes a market - a competitor will now either come with something cheaper or something better (for the same or higher price).
same thing is happening with Hep-C, which is now curable (boo, bad pharma). initial drug was/is super expensive, record profits for the company. every single contender is driving the price down. and there contenders as the market has been proven.
this is the capitalist system at work, in full glory. even with patents in play. amazing shit right there.