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-square234fedilinkarrow-up11.38Karrow-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 · 1 year agomessage-square234fedilink
minus-squareCosmic Cleric@lemmy.worldlinkfedilinkEnglisharrow-up6·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.
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.