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Imatinib is effective in stopping the spread of the metastatic gastrointestinal stromal tumor, but it also costs $4,500 a month.
ScienceDaily (Jan. 7, 2008) — A new study by two York University researchers estimates the U.S. pharmaceutical industry spends almost twice as much on promotion as it does on research and development, contrary to the industry’s claim.
Originally posted by Fractured.Facade
If people are willing to pay, why not?
Originally posted by buddhasystem
Do drugs need to cost $4,500 a month?
Originally posted by buddhasystem
For reasons I'm not going to disclose here, I'm somewhat familiar with the world of pharma and what it does in this world.
Now, read this:
Imatinib is effective in stopping the spread of the metastatic gastrointestinal stromal tumor, but it also costs $4,500 a month.
Full link is here.
Now, I'm fully aware that research cost etc can be quite high. However, I'm also acutely aware that in one talk show a pharma guy was confronted with the fact that basically same compound was marketed at prices different by a factor of a 1000, to sheep farmers and human patients. Same cancer happens in humans and sheep, you see. His reply was "it's a different market".
Somebody please wake me up. I have cancer patients in my family and proponents of free for all capitalism at this point make me sick. They would say it's my fault I was not born a sheep.
But where is the point we as humans feel such disgust we do something about it?