i_have_no_enemies@lemmy.world to Technology@lemmy.worldEnglish · 11 months agoPfizer says it will price Covid treatment Paxlovid at nearly $1,400 for a five-day course, which researchers estimate only costs Pfizer $13 to produce. That's a 10,000%+ markup. Shameful.mastodon.worldexternal-linkmessage-square289fedilinkarrow-up12.19Karrow-down157
arrow-up12.13Karrow-down1external-linkPfizer says it will price Covid treatment Paxlovid at nearly $1,400 for a five-day course, which researchers estimate only costs Pfizer $13 to produce. That's a 10,000%+ markup. Shameful.mastodon.worldi_have_no_enemies@lemmy.world to Technology@lemmy.worldEnglish · 11 months agomessage-square289fedilink
minus-squareLostWon@lemmy.calinkfedilinkEnglisharrow-up53arrow-down2·11 months agoSo many Martin Shkrelis out there pricing drugs to the highest level they can get away with. Every big pharmaceutical company does this kind of thing, especially with new drugs.
minus-squarer3df0x ✡️✝☪️@7.62x54r.rulinkfedilinkEnglisharrow-up13·11 months agoThat’s because in many cases, healthcare has infinite demand.
So many Martin Shkrelis out there pricing drugs to the highest level they can get away with. Every big pharmaceutical company does this kind of thing, especially with new drugs.
That’s because in many cases, healthcare has infinite demand.