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-squareAEsheron@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoIn addition to that, I’ve heard that a large portion of that R&D spending is on iterating drugs they already own so that when the patent runs out they can patent a new version and lobby the old one to be made obsolete so generics can’t be made.
In addition to that, I’ve heard that a large portion of that R&D spending is on iterating drugs they already own so that when the patent runs out they can patent a new version and lobby the old one to be made obsolete so generics can’t be made.