Quote:
Originally Posted by Schneed10
I can see an argument against pharmaceutical companies to some extent, because they pull in massive profits. But you can't get all up in arms about one particular drug costing an insane amount of money. People like to say oh well that drug only costs $10 to make and they're charging $100 for it. Well that's because they spent $80 researching other possible drugs and vaccines that were deemed either ineffective or unsafe by the FDA. Pharmeceutical R&D is a huge expense and has to be factored into the equation for the drugs that do actually make it to the market.
|
For the record, the vast majority of drugs are insanely marked up. I understand that the research and development side is expensive, but look at cancer treatments, which have been basically the same for 20+ years. My father has been on aggressive chemo and radiation for several months now. He was getting one of each treatment almost weekly for a while, and racking up around $10,000 in bills per week. It's friggin ridiculous that people are being charged insane amounts of money for drugs that are easily mass produced and haven't changed dramatically for over two decades.