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. - eviltoast
  • Cosmic Cleric@lemmy.world
    link
    fedilink
    English
    arrow-up
    15
    arrow-down
    1
    ·
    edit-2
    1 year ago

    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.