Started By
Message

re: I just found out my prescription would cost $1200 for a 30 day supply w/o insurance

Posted on 7/9/21 at 5:45 am to
Posted by StringedInstruments
Member since Oct 2013
19012 posts
Posted on 7/9/21 at 5:45 am to
quote:

Obviously... but research and clinical trials are pretty costly.



1. Why?

2. How costly?

If a prescription costs $1200/month, a mere 10k people taking it would net $144 million a year.
Posted by MoarKilometers
Member since Apr 2015
18674 posts
Posted on 7/9/21 at 5:51 am to
quote:

1. Why?

Because teams of MDs and PhDs aren't cheap.
quote:

2. How costly?

It varies. Median cost is 985 million, average is only 1.3 billion
quote:

If a prescription costs $1200/month, a mere 10k people taking it would net $144 million a year.

Oh... you think the pharmacy should make 0 money too? Not a great business model for getting a refill filled next month.
This post was edited on 7/9/21 at 5:59 am
Posted by Penrod
Member since Jan 2011
41749 posts
Posted on 7/9/21 at 6:38 am to
quote:

1. Why?

2. How costly?

If a prescription costs $1200/month, a mere 10k people taking it would net $144 million a year.

The pharma companies are investing in expensive R&D on all kinds of medicines, most of which never work out. THAT must be paid for as well.

We have a free market system, so if pharma companies are making too much money more pharma companies will spring into existence to compete and drive prices down. The problem is that our approval process is so slow that competition is artificially kept off the market for too long. Also, patents protect them from competition.

The drugs that are expensive are newer drugs that are still protected from competition by patents. If you regulate away these huge profits, then the drugs will never be invented in the first place.
Posted by lynxcat
Member since Jan 2008
24477 posts
Posted on 7/9/21 at 9:44 am to
Your calculation is far from “net” as you framed it. That’s $144M in retail sales value using your assumptions.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
32152 posts
Posted on 7/9/21 at 12:48 pm to
quote:

1. Why?

2. How costly?

If a prescription costs $1200/month, a mere 10k people taking it would net $144 million a year.


quote:

A new study in 2020 estimated that the median cost of getting a new drug into the market was $985 million, and the average cost was $1.3 billion


I love it when people think they know the pharma industry

ETA: Don't do this, or at least talk to your doctor first. At a minimum you'd need to titrate off over a few weeks.

quote:

I think I may stop taking it


From the Rexulti website:

quote:

Do not start or stop any medicines while taking REXULTI without talking to your healthcare provider first.
This post was edited on 7/9/21 at 12:52 pm
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram