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Talk about profit margin
A cure for Hepatitis C
Costs the company 250 bucks for a course of treatment. Costs the patient 84K $1,000 Pill For Hepatitis C Spurs Debate Over Drug Prices : Shots - Health News : NPR
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You're a daisy if you do. __________________________________ 84 Euro 240D 4spd. 220.5k sold 04 Honda Element AWD 1985 F150 XLT 4x4, 351W with 270k miles, hay hauler 1997 Suzuki Sidekick 4x4 1993 Toyota 4wd Pickup 226K and counting |
#2
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you are forgetting the R & D cost for the drug. Also, don't forget about the cost of all the R & D cost of the drugs that did NOT make it.
compare it to mechanic work. why does the mechanic charge so much per hour? mostly overhead costs but also for his extensive experience and training.
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Ben 1987 190d 2.5Turbo |
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Free enterprise isn't usually free... |
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R & D is the biggest part of that, as ben mentioned. It takes millions and millions to research, develop, and test drugs like that. Just the trials alone are a staggering cost.
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TC Current stable: - 2004 Mazda RALLYWANKEL - 2007 Saturn sky redline - 2004 Explorer...under surgery. Past: 135i, GTI, 300E, 300SD, 300SD, Stealth |
#5
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^ RE: the article and PC's post, I don't think we're getting the full story. Cost of manufacture is much different than the entire cost including patents, R&D, etc. They might make the pills for $250 a pop but also have to pay $600 a piece to the company who owns the patent. I'm very skeptical of the quotes from the president too, seems a bit cherrypicked.
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TC Current stable: - 2004 Mazda RALLYWANKEL - 2007 Saturn sky redline - 2004 Explorer...under surgery. Past: 135i, GTI, 300E, 300SD, 300SD, Stealth |
#6
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Not to mention the cost to Americans to subsidize selling it cheaper in Africa and India.
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You're a daisy if you do. __________________________________ 84 Euro 240D 4spd. 220.5k sold 04 Honda Element AWD 1985 F150 XLT 4x4, 351W with 270k miles, hay hauler 1997 Suzuki Sidekick 4x4 1993 Toyota 4wd Pickup 226K and counting |
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Did you read my post? Also its not $250 to 84k, it would cost 21k to produce it, if you extrapolate the cost per pill to a factor of 84, as the article cites.
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TC Current stable: - 2004 Mazda RALLYWANKEL - 2007 Saturn sky redline - 2004 Explorer...under surgery. Past: 135i, GTI, 300E, 300SD, 300SD, Stealth |
#9
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No mention of development costs by anyone involved with the company. Why not? I'm guessing it's because the development costs weren't actually that expensive. If they were, they'd have brought them up. Seems like the entire rationale for the cost rests on the huge impact the cure will have. Seems roughly analogous to helping up your neighbor who trips over a crack in the sidewalk for free. But if the same neighbor is hanging off a precipice and you can help, charging $1 million for your hand because the impact would be so much more significant.
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1977 300d 70k--sold 08 1985 300TD 185k+ 1984 307d 126k--sold 8/03 1985 409d 65k--sold 06 1984 300SD 315k--daughter's car 1979 300SD 122k--sold 2/11 1999 Fuso FG Expedition Camper 1993 GMC Sierra 6.5 TD 4x4 1982 Bluebird Wanderlodge CAT 3208--Sold 2/13 |
#10
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I wanna know whats in this drug that can cure hepatitis and not other virus?
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1984 300SD Orient Red/ Palomino 1989 560SEC 2016 Mazda 6 6 speed manual 1995 Ford F-150 reg cab 4.9 5speed manual |
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I can hardly wait for the tv commercials . . .
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The original post had it at a cost of $250 for the battery of pills that sell for 84K. I would still bet that no one is madder than you know who.
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#13
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You're correct, my bad. I misread the article.
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TC Current stable: - 2004 Mazda RALLYWANKEL - 2007 Saturn sky redline - 2004 Explorer...under surgery. Past: 135i, GTI, 300E, 300SD, 300SD, Stealth |
#14
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They may also be contractually obligated not to talk about it. However I imagine you and the others here are mostly still correct.
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TC Current stable: - 2004 Mazda RALLYWANKEL - 2007 Saturn sky redline - 2004 Explorer...under surgery. Past: 135i, GTI, 300E, 300SD, 300SD, Stealth |
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Who?
__________________
You're a daisy if you do. __________________________________ 84 Euro 240D 4spd. 220.5k sold 04 Honda Element AWD 1985 F150 XLT 4x4, 351W with 270k miles, hay hauler 1997 Suzuki Sidekick 4x4 1993 Toyota 4wd Pickup 226K and counting |
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