this post was submitted on 21 Oct 2023
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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 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 14 points 1 year ago* (last edited 1 year 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 1 year ago

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