Re:Humira’s Drug Formula: Start at a High Price, Go Higher
by rayiner on Monday January 08, 2018 @09:53AM
(#16097073)
That’s about the same profit margin as Google and Facebook and Apple. Are they “profiteering?” Saying that the “reasonable profit” for drug companies should be lower than tech companies, say 15%, is economically equivalent to saying we should impose a 50% tax on drug company profits. Which would be nuts. You tax products you want less of (cigarettes, sugary drinks) not ones you want more of.
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