this post was submitted on 21 Oct 2023
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Technology

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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. (mastodon.world)
submitted 1 year ago by i_have_no_enemies@lemmy.world to c/technology@lemmy.world
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[–] AEsheron@lemmy.world 1 points 1 year ago

In addition to that, I've heard that a large portion of that R&D spending is on iterating drugs they already own so that when the patent runs out they can patent a new version and lobby the old one to be made obsolete so generics can't be made.