The price is....

Apr 11, 2011 20:07

I'm not sure how pricing of medical items works ( Read more... )

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kat_travels April 11 2011, 23:51:02 UTC
Also depends on how it's made. If it requires the use of some whacky machine -and- it's under patent, there's nothing to stop them charging it at the full cost of production plus profit, especially if they know some hospitals will pay it. I think we forget, having most things subsidised, how expensive a lot of pharmaceuticals actually are. Plus, as you say, R&D ain't cheap.

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leadgend April 12 2011, 06:00:48 UTC
If it's the thing I think it is it's made by extracting a tiny active bit out of blood people have donated by processing masses of blood. Anything like that is bound to be expensive.

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