this post was submitted on 21 Oct 2023
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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. (mastodon.world)
submitted 1 year ago by i_have_no_enemies@lemmy.world to c/technology@lemmy.world
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[–] Maggoty@lemmy.world 4 points 1 year ago* (last edited 1 year ago)

No. Those two statements don't go together like that. They aren't making big new drugs. At most they are looking for ways to adjust the formula so they can extend patents. There is no amount of profit that makes them willing to do more R&D.