i_have_no_enemies@lemmy.world to Technology@lemmy.worldEnglish · 2 years 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-square234fedilinkarrow-up11.39Karrow-down139
arrow-up11.35Karrow-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 · 2 years agomessage-square234fedilink
minus-squareKaavi@lemmy.worldlinkfedilinkEnglisharrow-up8·2 years agoSounds crazy they are but allowed to negotiate? Is that the same for anything else the government buys? I can’t imagine the army buying 100 tanks and just paying the first price they get?
minus-squareKecessa@sh.itjust.workslinkfedilinkEnglisharrow-up21·edit-22 years agoIt’s a constitutional thing, government has to guarantee the companies’ freedom to set the price they want or something totally moronic like that… In fact it’s the first time the government will be able to negotiate with pharmaceutical companies! https://www.reuters.com/business/healthcare-pharmaceuticals/us-judge-refuses-block-medicare-negotiating-drug-prices-2023-09-29/
minus-square𝒍𝒆𝒎𝒂𝒏𝒏@lemmy.onelinkfedilinkEnglisharrow-up8·2 years ago In fact it’s the first time the government will be able to negotiate with pharmaceutical companies! Yes! That’s a great start 👌 especially if the negotiator is NOT getting a kickback from Pharma for negotiating a high price
Sounds crazy they are but allowed to negotiate?
Is that the same for anything else the government buys? I can’t imagine the army buying 100 tanks and just paying the first price they get?
It’s a constitutional thing, government has to guarantee the companies’ freedom to set the price they want or something totally moronic like that…
In fact it’s the first time the government will be able to negotiate with pharmaceutical companies!
https://www.reuters.com/business/healthcare-pharmaceuticals/us-judge-refuses-block-medicare-negotiating-drug-prices-2023-09-29/
Yes! That’s a great start 👌 especially if the negotiator is NOT getting a kickback from Pharma for negotiating a high price