it did not cost 10$ to produce, there's an army of doctors and biochem people being paid to develop these things. Did it cost 10$ to hire a doctor for years of research? Also if this was funded by the government then isn't it on the government for not putting anything in the contract controlling price?
The government throws grant money at University labs to conduct research which appears to be the case being claimed for this. The university lab developed it then likely sold the patent for a lot of money. The middle man makes it hard for the government to get any control.
That said I'm pretty sure the whole point of the complaint is that our government is routinely funding expensive research and other people are profitting. It is something that should be fixed.
$10 on average cost per pill/dose/bottle - selling the same dose at $3,000. A 99.7% profit margin. Of course they didn’t only spend $10 in total to develop.
it did not cost 10$ to produce, there's an army of doctors and biochem people being paid to develop these things. Did it cost 10$ to hire a doctor for years of research? Also if this was funded by the government then isn't it on the government for not putting anything in the contract controlling price?
The government throws grant money at University labs to conduct research which appears to be the case being claimed for this. The university lab developed it then likely sold the patent for a lot of money. The middle man makes it hard for the government to get any control.
That said I'm pretty sure the whole point of the complaint is that our government is routinely funding expensive research and other people are profitting. It is something that should be fixed.
$10 on average cost per pill/dose/bottle - selling the same dose at $3,000. A 99.7% profit margin. Of course they didn’t only spend $10 in total to develop.