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Pfizer 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.
No. Those two statements don’t go together like that. They aren’t making big new drugs. At most they are looking for ways to adjust the formula so they can extend patents. There is no amount of profit that makes them willing to do more R&D.
Drug research is overwhelmingly publicly funded. Private R&D is a PR myth we were fed to justify high prices.
I never said wasn’t. What I said is still true.
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No. Those two statements don’t go together like that. They aren’t making big new drugs. At most they are looking for ways to adjust the formula so they can extend patents. There is no amount of profit that makes them willing to do more R&D.