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Price related to risk of death perhaps? | 310 comments | Create New Account
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Price related to risk of death perhaps?
Authored by: Anonymous on Tuesday, July 02 2013 @ 04:14 PM EDT

We keep being told the price is related to making a profit after the billions are spent on research and development.

But I wonder if the reality is that the price is related to the risk of death.

    The greater the risk of death of the particular ailment relative to how immediate that might occur
=
    a higher value on the drug
Desperate people are willing to spend more. To get more in debt. Take out that extra mortgage. Draw from the pension, etc.

That wouldn't surprise me at all if that's actually how Pharmaceuticals decide how to price their drugs.

If true, they are knowingly taking advantage of the situation and instead of offering a fair price are deliberately inflating the price to take advantage of the impact of the illness.

I wonder if that bothers any of the doctors working for any Pharmaceutical that prices their products with such a method.

RAS

[ Reply to This | Parent | # ]

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