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re: Treatment for infant muscle wasting disease to hit market. potential price: $2 million
Posted on 5/7/19 at 6:42 am to BurningHeart
Posted on 5/7/19 at 6:42 am to BurningHeart
quote:
So you'd rather not have the drug on the market?
At that price, it may as well not be on the market. Insurance companies won’t pay it. Only the wealthiest of the wealthy will be able to pay for it.
3
Posted on 5/7/19 at 6:44 am to LuckySo-n-So
quote:
At that price, it may as well not be on the market. Insurance companies won’t pay it. Only the wealthiest of the wealthy will be able to pay for it.
The market will take care of that then. If it's too expensive and price can be brought down, Novartis will work for a way to reduce the price.
If the price can't be brought down and no one pays, it'll be off the market.
Capitalism ftw
Posted on 5/7/19 at 7:08 am to LuckySo-n-So
quote:
At that price, it may as well not be on the market. Insurance companies won’t pay it. Only the wealthiest of the wealthy will be able to pay for it.
It’s okay for there to be some things available only to the wealthiest who can afford it. If whoever is selling it could reduce the price and still make profit, they would to increase the volume of their sales. There’s a reason 200 ft yachts are only affordable to the wealthy.
Posted on 5/7/19 at 12:55 pm to LuckySo-n-So
quote:
Only the wealthiest of the wealthy will be able to pay for it.
At first...
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