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A comment on Cost of developing new drugs may be far lower than industry claims,trial reveals. Parent comment

Re:Cost of developing new drugs may be far lower than indust... by golergka on Saturday April 27, 2024 @12:58AM (#40177383)
> I have heard from the same Industry people you work in that the pricing of the drug generally has nothing to do with the cost of the research or trials for that particular drug but instead just what the market will be willing to pay for it.

If people are not willing to pay at least as much as research costs, the drug certainly won't get created.

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Re:Cost of developing new drugs may be far lower than indust... by reedciccio on Saturday April 27, 2024 @02:48AM (#40177857)
What's the cost of research though, since so much of it is (at least partially) public funded? It's not an easy answer.
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Re:Cost of developing new drugs may be far lower than indust... by llamaimperative on Saturday April 27, 2024 @08:06AM (#40179322)
Basic research is well-subsidized by the public (and IMO should get paid royalties if there was a good way to track attribution), but the vast majority of a drug’s cost is in its development, specifically the clinical trials.
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