this post was submitted on 23 Jul 2024
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Accounting for 30% profit seems reasonable to me.
Yet they're selling it for 1000x the price.
I understand they need to recoup research costs, but...
I have no other words.
The research cost recovery line they often yap about is bullshit itself though. The overwhelming majority of pharma research like the one involved here is subsidized through taxpayer dollars already, and they get tax incentives and write offs for failed research. If we had a sane, working government we could nationalize all life saving medications funded by public money while still allowing the inventors to enjoy some (reasonable) economic benefits from the research