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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 10 months ago by i_have_no_enemies to c/technology

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[–] pyldriver 45 points 10 months ago (1 children)

That would be the us government soooo.... The citizens of the usa

[–] [email protected] -3 points 10 months ago (2 children)

The government promised to purchase massive quantities of Pfizer manufactured it to guarantee a market, they didn't directly fund R&D.

https://www.mainepublic.org/npr-news/2022-02-01/feds-contract-with-pfizer-for-paxlovid-has-some-surprises

[–] CosmicCleric 14 points 10 months ago* (last edited 10 months ago) (1 children)

The government promised to purchase massive quantities of Pfizer manufactured it to guarantee a market, they didn’t directly fund R&D.

I've heard government grants were involved?

Either way, guaranteed funds is still one hell of a profit motive to do the R&D and produce the medicine.

[–] [email protected] 1 points 10 months ago

I've heard lots of stuff but you can read the contact in the link I posted

[–] [email protected] 4 points 10 months ago (1 children)

A lot of the research for the mRNA tech that made the vaccine possible was done at Pennsylvania University before they fired the woman doing the research and she moved on to Biontech.

[–] [email protected] 2 points 10 months ago

Paxlovid isn't the vaccine. It's a treatment.