Producing it is not the hard part. Researching it is... And you are not paid for your research "up front". It's added to the cost afterwards.
In general, mono-dimensional arguments merit an extra dose of skepticism from the audience.
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Producing it is not the hard part. Researching it is... And you are not paid for your research "up front". It's added to the cost afterwards.
In general, mono-dimensional arguments merit an extra dose of skepticism from the audience.
Since pharmaceutical companies are, for the most part, publicly traded they're beholden to stock holders to create a profit. If they stop doing that they're in trouble
If the ability to generate profit from developing new drugs are limited, they'll simply stop doing it
Personally I think this kind of profit incentive for healthcare is perverse and ultimately doesn't serve public interest, but until the systemic issues behind these prices are addressed, I find it difficult to see a solution that'll ultimately benefit the end-user
Give it away. The public health benefits will pay for themselves.
If the EU can fine Apple and Google, the US should be able to fine Novo.
Ozempic is blowing up on TikTok. Celebs and young people are using it left and right. This is wildly popular and there are resellers and apps popping up everywhere to make it easy to get prescriptions. "Ozempic face" has become a meme as people try to guess who is using it. Several of my neighbors are admittedly using it. And they've lost 30, 40+ pounds in a matter of months. Months . This is a diabetes drug. There h…
If the EU can fine Apple and Google, the US should be able to fine Novo.
If your point is the price then the US could go after every single US medicine company.
Producing it is not the hard part. Researching it is... And you are not paid for your research "up front". It's added to the cost afterwards.
Ozempic is blowing up on TikTok. Celebs and young people are using it left and right. This is wildly popular and there are resellers and apps popping up everywhere to make it easy to get prescriptions. "Ozempic face" has become a meme as people try to guess who is using it. Several of my neighbors are admittedly using it. And they've lost 30, 40+ pounds in a matter of months. Months . This is a diabetes drug. There h…
Producing it is not the hard part. Researching it is... And you are not paid for your research "up front". It's added to the cost afterwards.
That is to say that's it's not that expensive to R&D it, certainly compared to the eventual sale price, but it's carrying the cost of the hundred potential drugs that never made it to market that's the killer.