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[+] -11 points 1 year ago (6 children)

I figured this would come up but you've gotta remember that drugs are expensive as hell to develop. And it just received US approval in June so it's not like they have been sitting on this making money for years.

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  • [–] 29 points 1 year ago* (2 children)

    The cost of drug development is vastly overstated as an excuse. The reality is $100-200M, but pharma expects $14B++ in returns. Little of that goes back into basic research.

    The front end of costs was spent by the NIH, and after that was ended, Pharma is not taking up the slack. It's not sustainable and pharma will die in a decade.

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  • [–] 15 points 1 year ago

    Yeah, a lot of these drug companies have ad budgets larger than the R&D budget, but any overhead is used to jack up the prices. I swear ads are sold at inflated prices for the sake of being able to sell high.

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  • [–] 1 point 1 year ago (2 children)

    ok so US citizens are supposed to subsidize the cost of the drug for the entire planet???

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