i_have_no_enemies@lemmy.world to Technology@lemmy.worldEnglish · 1 year 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-up12.14Karrow-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 · 1 year agomessage-square289fedilink
minus-squareEsqplorer@lemmy.ziplinkfedilinkEnglisharrow-up8arrow-down11·1 year agoThe government promised to purchase massive quantities of Pfizer manufactured it to guarantee a market, they didn’t directly fund R&D. https://www.mainepublic.org/npr-news/2022-02-01/feds-contract-with-pfizer-for-paxlovid-has-some-surprises
minus-squareCosmic Cleric@lemmy.worldlinkfedilinkEnglisharrow-up15arrow-down1·edit-21 year ago The government promised to purchase massive quantities of Pfizer manufactured it to guarantee a market, they didn’t directly fund R&D. I’ve heard government grants were involved? Either way, guaranteed funds is still one hell of a profit motive to do the R&D and produce the medicine.
minus-squareEsqplorer@lemmy.ziplinkfedilinkEnglisharrow-up1·1 year agoI’ve heard lots of stuff but you can read the contact in the link I posted
minus-squarePyr_Pressure@lemmy.calinkfedilinkEnglisharrow-up4·1 year agoA lot of the research for the mRNA tech that made the vaccine possible was done at Pennsylvania University before they fired the woman doing the research and she moved on to Biontech.
minus-squareEsqplorer@lemmy.ziplinkfedilinkEnglisharrow-up2·1 year agoPaxlovid isn’t the vaccine. It’s a treatment.
The government promised to purchase massive quantities of Pfizer manufactured it to guarantee a market, they didn’t directly fund R&D.
https://www.mainepublic.org/npr-news/2022-02-01/feds-contract-with-pfizer-for-paxlovid-has-some-surprises
I’ve heard government grants were involved?
Either way, guaranteed funds is still one hell of a profit motive to do the R&D and produce the medicine.
I’ve heard lots of stuff but you can read the contact in the link I posted
A lot of the research for the mRNA tech that made the vaccine possible was done at Pennsylvania University before they fired the woman doing the research and she moved on to Biontech.
Paxlovid isn’t the vaccine. It’s a treatment.