i_have_no_enemies@lemmy.world to Technology@lemmy.worldEnglish · 10 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-square288fedilinkarrow-up12.11Karrow-down151
arrow-up12.06Karrow-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 · 10 months agomessage-square288fedilink
minus-squareCosmic Cleric@lemmy.worldlinkfedilinkEnglisharrow-up15arrow-down1·edit-210 months 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-up1·10 months agoI’ve heard lots of stuff but you can read the contact in the link I posted
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