Re:Hepatitis C kills more Americans than all other infectiou...
by inasio on Thursday December 26, 2019 @12:44PM
(#21885405)
No, Gilead didn't develop Harvoni/Sovaldi/Sofosbuvir, it was originally discovered by Pharmasset, and then Gilead bought them for 11 billion [1]
Re:Hepatitis C kills more Americans than all other infectiou...
by gengchun88 on Thursday December 26, 2019 @08:18PM
(#21888302)
Oh, thanks.
That simplified R&D cost calculation. $11B for $3.5 m persons in U.S. and 90% successful rate means R&D cost(merge cost) definitely less than $4k per person.
But Hepatitis C. is a virus infects 143 million, which means it even with a $10k profit margin for one in ten here should be at least $1 Trillion profits. A company like BMS do expanding like $20 billion annually. For me all most like they could afford to operate like half of century for just one drug. No way it is sold for almost $100k price for just breaking even.
Correct: Sorry it was Gilead Science developed Harvoni. So $22B revenue minus $8 operating incoming.