Re:Gene Therapy Was Hailed as a Revolution – Then Came the Bill
by bluGill on Monday April 08, 2019 @09:55AM
(#19605204)
Lower than you might think. Not only do you need to account for all the costs of developing that treatment, you also need to account for the costs to looking at a treatment that after some amount of study turns out not to work. This latter can be very expensive, and worse is an unknown cost, sometimes you are lucky and a few treatments work out, while other times you hit an unlucky streak and try a bunch of treatments that don't work out.
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Re:Gene Therapy Was Hailed as a Revolution – Then Came the Bill
by awongh on Monday April 08, 2019 @02:18PM
(#19607693)
i theorize it isn’t lower than i think because the article hints that companies not selling the product at what the market will bear, and instead would rather price it to a specific margin. to me this is a special industry in that, if your gamble of profitability doesn’t pay off for something that already has sunk cost, don’t take it off the market, just sell it for whatever price the market will bear. that’s your moral responsibility.... not sure what the argument against that would be