Re:Hepatitis C kills more Americans than all other infectiou...
by vilhelm_s on Thursday December 26, 2019 @12:39PM
(#21885372)
Isn't this evidence in the other direction: if the drug already existed and was acquired for $11 billion, then that suggests that they expect the profit to be about $11 billion. Otherwise, wouldn't they bid up the price more?
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Re:Hepatitis C kills more Americans than all other infectiou...
by tyingq on Thursday December 26, 2019 @12:43PM
(#21885400)
In the 18 months following Sovaldi’s approval, Medicare alone spent $8.2 billion on the drug.
I know that's revenue and not profit, but that doesn't even include private insurance, self pay, or sales outside the US.