Sun-25-10-2015, 16:06 PM
(Sun-25-10-2015, 14:39 PM)Fred Wrote:(Sun-25-10-2015, 14:25 PM)mataribot Wrote: No joke Fred it retails at $1500.00 USD per tube. That does not mean that is what the insurance pays for it. It is a niche product, been bought and sold by various compaines. It is probably being used to fund another drug's research, so it is market up probably 5000% of what it cost. I am guessing it cost under $30.00 USD to make.
It's amazing what price they can get away with, probably like you say it's to help fund other research. But I suppose if governments and/or insurance companies are willing to pay it then the price will remain high.
I guess it is right so Fred. Those who are in power and have enough connections will gain.
There are also other reasons that prices stay high. E.g. Over here the MS patients organisation agrees with the very high price of DMF. Their motivation is that finally there is something that helps against this disease, so they don't care about the price.
In the mean time India is a very well educated country. It also does not accept blindly all patents that are thrown out by the USPTO. Very much medication that over here is still expensive is already very cheap in India. True, sometimes it goes wrong, as in your example, but that is not the default.