Re:New cancer drug kinder than chemotherapy
by seventytwo on Thursday January 18, 2024 @02:41PM
(#39046560)
The research, development, approval process, and production all absolutely cost money that needs to be recouped from the sale, but we shouldn’t ever forget the reason why the company exists: to make profit.
[ Parent
| on HN ]
Re:New cancer drug kinder than chemotherapy
by konschubert on Thursday January 18, 2024 @03:59PM
(#39047623)
You also need to pay for all the other research projects that did NOT yield a successful drug.
Re:New cancer drug kinder than chemotherapy
by wahnfrieden on Thursday January 18, 2024 @02:53PM
(#39046734)
In other words, no it is not only supply and demand - it’s the desire to maximize profit as far as the market will bear
Re:New cancer drug kinder than chemotherapy
by daedrdev on Thursday January 18, 2024 @02:58PM
(#39046797)
Or like the other response to your parent comment said, it could cost a ton to make, which lowers the number of people who can get it, driving costs even higher due to low volume.
Re:New cancer drug kinder than chemotherapy
by seventytwo on Friday January 26, 2024 @09:57AM
(#39143303)
It’s both. But it’s ultimately the profit motive that drives a business at all.