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i_have_no_enemies@lemmy.world to Technology@lemmy.worldEnglish · 2 years ago

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.

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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.

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i_have_no_enemies@lemmy.world to Technology@lemmy.worldEnglish · 2 years ago
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Dr. Lucky Tran :verified: (@luckytran@med-mastodon.com)
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Attached: 2 images 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.
  • Esqplorer@lemmy.zip
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    2 years ago

    The government promised to purchase massive quantities of Pfizer manufactured it to guarantee a market, they didn’t directly fund R&D.

    https://www.mainepublic.org/npr-news/2022-02-01/feds-contract-with-pfizer-for-paxlovid-has-some-surprises

    • Cosmic Cleric@lemmy.world
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      2 years ago

      The government promised to purchase massive quantities of Pfizer manufactured it to guarantee a market, they didn’t directly fund R&D.

      I’ve heard government grants were involved?

      Either way, guaranteed funds is still one hell of a profit motive to do the R&D and produce the medicine.

      • Esqplorer@lemmy.zip
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        2 years ago

        I’ve heard lots of stuff but you can read the contact in the link I posted

    • Pyr@lemmy.ca
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      2 years ago

      A lot of the research for the mRNA tech that made the vaccine possible was done at Pennsylvania University before they fired the woman doing the research and she moved on to Biontech.

      • Esqplorer@lemmy.zip
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        2 years ago

        Paxlovid isn’t the vaccine. It’s a treatment.

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