General Discussion

AmyStrange

(7,989 posts)

12. Ok, this helps too, but...

Fri Aug 7, 2020, 08:27 PM

Aug 2020

-

I'd still like to know what these R&D cost really are in relation to the drug prices and how much profit they actually make, especially since they seem to make money no matter what.

Is there anyplace on the web to go looking for them?

I can't seem to find anything myself.

Thank you for sharing.
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Who here thinks drug companies (pharmaceuticals) are altruistic... [View all] AmyStrange Aug 2020 OP

Not a one RainCaster Aug 2020 #1

Come on, there has to be at least one, but... AmyStrange Aug 2020 #5

they are legalized extortion Skittles Aug 2020 #2

It's all about the money isn't it? AmyStrange Aug 2020 #3

This!👆 SheltieLover Aug 2020 #4

Yep PatSeg Aug 2020 #14

Corporations. Newest Reality Aug 2020 #6

You're not doing a good job of convincing me otherwise, and... AmyStrange Aug 2020 #7

They can't be altruistic. Legally, if they are a corporation, they must do AJT Aug 2020 #8

Ok, finally something to make me think otherwise... AmyStrange Aug 2020 #9

Democrats had a filibuster-proof majority of 60 votes in the Senate for four months and 10 days betsuni Aug 2020 #11

Thank you, but... AmyStrange Aug 2020 #13

No Republicans voted for it, all Democrats and Independents. betsuni Aug 2020 #15

Thank you for you're elaboration, and... AmyStrange Aug 2020 #16

I'm sure you knew this already. betsuni Aug 2020 #43

Nope, I didn't know the details, and... AmyStrange Aug 2020 #45

thats not true SiliconValley_Dem Aug 2020 #48

Thanks for the added info, and... AmyStrange Aug 2020 #71

They are exactly what is expected from a capitalistic society. unitedwethrive Aug 2020 #10

Ok, this helps too, but... AmyStrange Aug 2020 #12

I have worked with the pharmaceutical industry for more than 3 decades. NNadir Aug 2020 #17

Talking down to my moral inferiors? AmyStrange Aug 2020 #18

Let's not pretend that your question wasn't loaded, OK? NNadir Aug 2020 #19

Believe what you want, and... AmyStrange Aug 2020 #20

Here's why you're perceptions are off... AmyStrange Aug 2020 #21

Were that the case, you'd be researching relevant and peer-reviewed sources. LanternWaste Aug 2020 #72

You're wrong AmyStrange Aug 2020 #74

You mean Shkreli? Pharma bro? moondust Aug 2020 #22

I heard it was because they can, but... AmyStrange Aug 2020 #23

I don't think ANY of them are altruistic Luciferous Aug 2020 #24

Come on, there must be at least one or two, or... AmyStrange Aug 2020 #26

they exist to turn a profit for their shareholders spanone Aug 2020 #25

That's what other people have said, but... AmyStrange Aug 2020 #27

Several of the scientists and their other employees... Buckeye_Democrat Aug 2020 #28

2,000 dollars!!! AmyStrange Aug 2020 #29

That was the cost nearly a decade ago. Buckeye_Democrat Aug 2020 #30

Wow! AmyStrange Aug 2020 #31

The FDA approval process is pretty long and costly sometimes. Buckeye_Democrat Aug 2020 #32

Wait a minute. Can't they write all that off... AmyStrange Aug 2020 #33

I always thought those costs were the burden of the companies... Buckeye_Democrat Aug 2020 #34

I don't know if I am right or not... AmyStrange Aug 2020 #35

Get some good rest! Buckeye_Democrat Aug 2020 #36

I'll try, and take care of yourself also... AmyStrange Aug 2020 #37

You too! Buckeye_Democrat Aug 2020 #38

Perhaps the scientists at Genentech, rather than be thought greedy, shouldn't have done... NNadir Aug 2020 #42

Thanks for the info, but... AmyStrange Aug 2020 #44

Let me understand this question... NNadir Aug 2020 #50

I DO understand that drug companies want to make money, and... AmyStrange Aug 2020 #54

"Let's say it costs $1,000,000..." NNadir Aug 2020 #55

Thank you, but... AmyStrange Aug 2020 #59

If it costs $1 billion dollars to develop a drug - a common and reasonable figure - you need... NNadir Aug 2020 #62

You make a good case, and... AmyStrange Aug 2020 #63

Google is your friend. Here's a list of 31 pharmaceutical companies in danger of bankruptcy in 2020 NNadir Aug 2020 #66

Hmm, If companies are losing money... AmyStrange Aug 2020 #70

Let's see. Should we characterize all of us by Rod Blagojevich and Dan Rostenkowski because... NNadir Aug 2020 #73

What the hell dude... AmyStrange Aug 2020 #75

It's Part Of SG&A In Most Cases ProfessorGAC Aug 2020 #53

I'm sure that you're right... AmyStrange Aug 2020 #58

The Cost To Make That One Pill... ProfessorGAC Aug 2020 #67

I agree, and... AmyStrange Aug 2020 #69

I'm glad things worked out, but... AmyStrange Aug 2020 #49

I don't understand the hostility. Buckeye_Democrat Aug 2020 #65

Check your in-box AmyStrange Aug 2020 #68

The more disease there is, the more they make. gulliver Aug 2020 #39

I can see that with drugs... AmyStrange Aug 2020 #57

With all due respect..... liberaltrucker Aug 2020 #40

No respect needed... AmyStrange Aug 2020 #46

No way RANDYWILDMAN Aug 2020 #41

I didn't know this... AmyStrange Aug 2020 #47

Oh brother. NurseJackie Aug 2020 #51

What's your opinion on the Master Bates discussion here? AmyStrange Aug 2020 #56

No way in hell! nt Raine Aug 2020 #52

I'll take that as an emphatic no, and... AmyStrange Aug 2020 #64

Is Bloomberg a legitimate source here? AmyStrange Aug 2020 #60

I'm having a problem finding the cost for FDA approval... AmyStrange Aug 2020 #61