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On Nov 25, 10:09*pm, wrote:
On Thu, 25 Nov 2010 18:44:39 -0800 (PST), Frogwatch wrote: Maybe it cost that much to produce. *R&D aint cheap That is the problem with all of the "orphan" diseases. If you spend $50 million developing a drug that only goes to 10 thousand paying patients, it is going to be expensive. In R&D, 90% of what is tried fails for reasons you could not see before you tried it. So, when something finally works, the first few (or thousands) have to pay for all those failures. Even worse, the successes are done with equipment that has not been optimized for production but for research. Thus each dose is essentially hand made and is paying for all those failures too. Being basically experimental, the insurance for the drug company is bizzaro expensive for this drug. Costs for developing and certifying any new drug is so expensive as to make it a wonder any new ones are ever done. Once it is known to work, certain other nations laws allow them to copy the drug while paying very little to the developer and nations like China copy and pay nothing. Thus you, American customer pay for all th development costs while allowing everybody else to essentially get it for nothing |
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