Comment on 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.

CrypticFawn@lemmy.dbzer0.com ⁨1⁩ ⁨year⁩ ago

• givesomefucks@lemmy.world ⁨1⁩ ⁨year⁩ ago

  I’ll never understand why so many people think middlemen somehow makes shit cheaper…

  Taxes > government research > cheap meds

  With the bonus point of no more pharmaceutical companies selling shit like oxy for profit

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  • VinnieFarsheds@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Because they think government is inefficient by default, and a commercial business is motivated towards max efficiency to cut costs. Maybe all of this is true, but in capitalism companies also sell for the optimal price based on price elasticity. No competitors + essential live saving product = high prices.

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• FlashMobOfOne@lemmy.world ⁨1⁩ ⁨year⁩ ago

  People vote for it every two years and are shocked, just shocked when they get precisely what they voted for.

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