As regulator prepares to approve Lenacapavir in the US, campaigners are urging the manufacturer, Gilead, to make it ‘available and affordable for all who need it’
This take generally comes from looking at the profits of successful drug X, while being unaware of (or ignoring) all of the drugs that have millions upon millions put into their R&D, that never result in anything that can go to market.
Overall profits will seem much higher than they actually are if you leave out that very-relevant data.
It’s disgusting that drug companies prioritise massive profits over human suffering
They could still profit, just not the truly obscene profits they make, going into the pockets of people who are already rich
Billionaire: But you are wrong. I want them both. Massive profits AND human suffering.
This take generally comes from looking at the profits of successful drug X, while being unaware of (or ignoring) all of the drugs that have millions upon millions put into their R&D, that never result in anything that can go to market.
Overall profits will seem much higher than they actually are if you leave out that very-relevant data.
I worked in health care
I’m familiar
I’ve heard all the arguments, and I know how much money is poured into drugs that don’t go anywhere
I also know how their shareholders and executives fare, and I stand behind my statement
Hasn’t it been proven time and time again most money in big pharma is pumped into advertising?
That wouldn’t surprise me,
Having said that, it’s not common for pharmaceutical ads to be legal
It’s classically 'Murican
A few other countries allow drug advertising, but not many
A lot of that R&D comes from grants and universities as well as tax incentives and write offs.
https://www.cbo.gov/publication/57126
All that research leans so fucking heavily on public universities
Drug companies dont spend money on r&d anymore.