this post was submitted on 21 Oct 2023
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Technology

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1956
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 11 months ago by i_have_no_enemies@lemmy.world to c/technology@lemmy.world
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[–] Kecessa@sh.itjust.works 21 points 11 months ago* (last edited 11 months ago)

It's a constitutional thing, government has to guarantee the companies' freedom to set the price they want or something totally moronic like that...

In fact it's the first time the government will be able to negotiate with pharmaceutical companies!

https://www.reuters.com/business/healthcare-pharmaceuticals/us-judge-refuses-block-medicare-negotiating-drug-prices-2023-09-29/