19 April 2020
Yes
David Sirota asks, "Will Big Pharma Fleece Us On A COVID Treatment That We Helped Fund?"
This has been another episode of simple answers to simple questions.
On a more serious notes, extreme rent seeking is arguably the central tenet of the US economy these days.
If Remdesivir proves to be a good treatment for Covid-19, it will be sold for tens, if not hundreds, of times the cost of manufacture, and most of the development of the drug was paid for by the taxpayers.
This has been another episode of simple answers to simple questions.
On a more serious notes, extreme rent seeking is arguably the central tenet of the US economy these days.
If Remdesivir proves to be a good treatment for Covid-19, it will be sold for tens, if not hundreds, of times the cost of manufacture, and most of the development of the drug was paid for by the taxpayers.
Labels:
Business
,
Corruption
,
Drugs
,
IP
,
Pandemic
,
Pharma
,
Public Health
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