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-squarepyldriver@lemmy.worldlinkfedilinkEnglisharrow-up36arrow-down3·2 years agoThat would be the us government soooo… The citizens of the usa
minus-squareEsqplorer@lemmy.ziplinkfedilinkEnglisharrow-up4arrow-down2·2 years 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-up6·edit-22 years 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-squareIHaveTwoCows@lemm.eelinkfedilinkEnglisharrow-up7·2 years agoTaxpayers, through the university system
Who paid for the R&D?
That would be the us government soooo… The citizens of the usa
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.
Taxpayers, through the university system