Reply to Should I feel guilty about my expensive drug?

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Reply to "Should I feel guilty about my expensive drug?"

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[quote=Anonymous][quote=Anonymous]You should feel angry. Your tax dollars supported the company that made the drug - probably through an NIH grant.

The company that makes the drug probably pay the CEO over $1 million per year. The company that makes the drug also employ at least 2 lobbyists that spend many times the monthly cost of that drug on getting Congress to do what they want.

The drug probably costs less than $50 to make each month but because of the insurance companies, PBMs and corporate pharmacies all needing a cut, you are being told it costs over $5000 per month.[/quote]

I strongly doubt that the drug costs less than $50 to make.    I know for the biologic Humira, even the biosimilar drugs (roughly equivalent to generics) only cost about 20% less than the $5000/month brand name drug.  The article below lists why biologic drugs are so expensive to make.   (Biologics comprise only 2% of drugs on the market yet account for 37% of all drug spending in the U.S.)

https://medicalaffairsspecialist.org/blog/5-reasons-biologics-remain-expensive[/quote]

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