Pfizer says it will price Covid treatment Paxlovid at nearly $1,400 for a five-day course, which researchers estimate only costs Pfizer $13 to produce. That's a 10,000%+ markup. Shameful.
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Pfizer says it will price Covid treatment Paxlovid at nearly $1,400 for a five-day course, which researchers estimate only costs Pfizer $13 to produce.
That's a 10,000%+ markup. Shameful.
I've been saying for years that universal healthcare won't solve the issue, unless we can get costs under control. If they can regulate medical related industries, such as pharma, the need for universal healthcare can be reduced or eliminated. As an added bonus, it would help keep the cost (ie. taxes) for universal healthcare a lot lower. This is pretty common for pharma companies to make insane profits like this, and it's extremely unethical.