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Cost of developing new drugs may be lower than industry claims: trial

(www.theguardian.com)
275 points swores | 1 comments | 25 Apr 24 12:25 UTC | HN request time: 0.21s | source
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MisterDizzy ◴[26 Apr 24 19:45 UTC] No.40173334[source]▶
Drug companies are unambiguously out of control. Some of these new molecules don't even need to be invented, they're just legally distinct repackaging of something they can't gouge on anymore. These companies could, if they had an incentive to do so, research effective off-label uses of existing drugs, say. But there's no money in that. There is a ton of money in making legally distinct "new" drugs that do the same thing as newly-generic drugs. It's unacceptable what they get away with.

Covid ought to have been the final straw that brought all sides together to do something about drug companies.

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nimbius ◴[26 Apr 24 19:55 UTC] No.40173477[source]▶
that we so rapidly transitioned to --and away from-- a rapid, effective and universal free COVID vaccine for the majority of americans in such a relatively short period of time without any sincere discussion or commentary from news media or public policy officials really spoke volumes to me about the kind of national policy the United States is either pursuing with conscientious determination, or blithe indifference.

we could have done covid style vaccines for a litany of other incredibly dangerous yet common causes of death in the US like flu shots and HPV, but we dont. we charge real moneys for these things as though the cost of the development of the drug itself isnt borne almost exclusively by the taxpayer.

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1. serial_dev ◴[26 Apr 24 20:31 UTC] No.40173901[source]▶
Rapid, effective, and free? I give you rapid, whatever the f that means for a vaccine.

Effective? My whole family was vaxxed, yet everyone got COVID. We have friends who are on their 5+ jab, and they still get it. Of course, after this became painfully clear to everyone, big pharma quickly started to erase history and move the goalpost, and they still disappoint somehow.

Free? Maybe free as in you don't need to take your cash and pay for it, but I can assure you, it cost a ton of tax payer money, benefits are unclear, it's based on government funded research, and somehow big pharma made enormous profits which will make sure they will never be held to account.

I'm also surprised that we finally transitioned away from this farce, because for 2-3 years, it felt like they will do everything to force it onto you and vilify anyone who asks questions.