It’s tricky because the money, time and opportunity cost gone into development, testing and the approval process are also priced into this. Plus the fact that this needs to not only break even but make some money plus the fact that this won’t be relevant for a huge market I think (not sure how prevalent SCD is).
So it’s an outrageous price but probably not just plucked out of thin air
That’s bullshit! The most advanced technology ever developed by mankind and the most expensive to develop is AI. And I can pay Open AI 20 bucks a month to hire what is basically a human in the 10th too percentile for 20 bucks.
The only difference is the elasticity of the market. If I need your fucking drug and you have a patent then I will have to give you all I have so I don’t die.
The healthcare system in the US is just fucked up.
It’s tricky because the money, time and opportunity cost gone into development, testing and the approval process are also priced into this. Plus the fact that this needs to not only break even but make some money plus the fact that this won’t be relevant for a huge market I think (not sure how prevalent SCD is). So it’s an outrageous price but probably not just plucked out of thin air
That’s bullshit! The most advanced technology ever developed by mankind and the most expensive to develop is AI. And I can pay Open AI 20 bucks a month to hire what is basically a human in the 10th too percentile for 20 bucks.
The only difference is the elasticity of the market. If I need your fucking drug and you have a patent then I will have to give you all I have so I don’t die.
The healthcare system in the US is just fucked up.
You have no idea how any of that works do you