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.

i_have_no_enemies@lemmy.world to Technology@lemmy.world – 2120 points – Dr. Lucky Tran :verified: (@luckytran@med-mastodon.com)
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That's just an excuse because many drugs are sold at prices much lower what they are sold in the US. They are not selling them at loss in other countries.

Definitely not at a loss to produce no, but maybe a loss overall.

My bet is that the US subsidizes R&D by paying obscene amounts for the drugs and the EU and others just serve as extra income

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