i_have_no_enemies@lemmy.world to Technology@lemmy.worldEnglish · 10 months 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-square294fedilinkarrow-up12.19Karrow-down157
arrow-up12.14Karrow-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 · 10 months agomessage-square294fedilink
minus-squareKecessa@sh.itjust.workslinkfedilinkEnglisharrow-up25·edit-210 months agoIt’s a constitutional thing, government has to guarantee the companies’ freedom to set the price they want or something totally moronic like that… In fact it’s the first time the government will be able to negotiate with pharmaceutical companies! https://www.reuters.com/business/healthcare-pharmaceuticals/us-judge-refuses-block-medicare-negotiating-drug-prices-2023-09-29/
minus-square𝒍𝒆𝒎𝒂𝒏𝒏@lemmy.onelinkfedilinkEnglisharrow-up9·10 months ago In fact it’s the first time the government will be able to negotiate with pharmaceutical companies! Yes! That’s a great start 👌 especially if the negotiator is NOT getting a kickback from Pharma for negotiating a high price
It’s a constitutional thing, government has to guarantee the companies’ freedom to set the price they want or something totally moronic like that…
In fact it’s the first time the government will be able to negotiate with pharmaceutical companies!
https://www.reuters.com/business/healthcare-pharmaceuticals/us-judge-refuses-block-medicare-negotiating-drug-prices-2023-09-29/
Yes! That’s a great start 👌 especially if the negotiator is NOT getting a kickback from Pharma for negotiating a high price