Re:Open Letter from Gilead CEO: Remdesivir Pricing
by retSava on Wednesday July 01, 2020 @04:27AM
(#23699202)
The message from the CEO which this is about, says they have the exact same price across the globe, ie no subsidizing losses by that means, or there are no losses.
The US price is in practice the same - they just had to account for the always-expected discount which will push it down to the same as others.
Why would you assume that, instead of assuming that the high prices in the developed world are subsidizing losses elsewhere? (Or, at least, that they are amortizing R&D costs with the prices in the developed world, and doing so allows them to make a profit selling more of it above the marginal cost of producing more.)