this post was submitted on 21 Oct 2023
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While I'm sure there is a crazy markup, it's important to note the cost to produce - as in manufacture - does not include the cost of drug discovery, which is extremely expensive and involves a good amount of risk over a long period of time.
You can't just compare the cost of discovering a new drug vs. cost of producing a generic without any research like that.
https://jacobin.com/2023/09/big-pharma-research-and-development-new-drugs-buybacks-biden-medicare-negotiation
Most excellent fact checking 👍