pknopp
Diamond Member
- Jul 22, 2019
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What did a flat screen TV cost in 2000? Are flat screen TV's more or less accessible to the average consumer now or then? All products when first introduced are available to those with money. Those people pay the majority of the recoup cost for the luxury of having access to that product first. It allows the company producing that product to gauge popularity and if mass production of that product would make any sense. Why would it be any different for drugs? They are essentially just a product.
If J&J develops a drug to do X but they have to be able to mass produce it and provide it at a cost that everyone can afford it in order to get FDA approval before they know if anyone will even really want it, what do you think the chances are they ever even start development on that drug? 0? A little less than that?
The Process and Costs of Drug Development (2022) | FTLOScience
Did you know that developing a single drug can cost over US$2 billion? We break down the process and costs of drug development in 2022.ftloscience.com
"Bringing a new drug to market in 2022 costs US$2 billion across 14 years of development. This process includes drug discovery, pre-clinical and clinical trials, regulatory filings and post-marketing surveillance."
Who is fronting that money? You?
Nobody died because they couldn't initially afford a flat screen.
You, you get to live.
You, you go off and die because you only did flooring for living.