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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[–] silent2k@lemmy.world 9 points 1 year ago (13 children)

Pfizers R&D budget is 11 billion per year. That money comes from products from the market.

[–] Pons_Aelius@kbin.social 5 points 1 year ago (2 children)

Quoting one figure is pretty useless to make a point as it exists only as "A big number" with nothing to compare it to.

Since you know their financials enough to quote one figure here:

What is their annual revenue?

What is their annual profit?

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[–] r3df0x@7.62x54r.ru 9 points 1 year ago (1 children)

The left and right both hate Big Pharma, especially over the pandemic response.

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