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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Dr. Lucky Tran :verified: (@luckytran@med-mastodon.com)
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Who paid for the R&D?

That would be the us government soooo.... The citizens of the usa

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

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.

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

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