this post was submitted on 11 Jun 2026
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Today I Learned

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[–] makyo@lemmy.world 9 points 4 hours ago

It’s almost like health care and free market economics aren’t compatible

[–] Chef@sh.itjust.works 109 points 8 hours ago (4 children)

The pharma industry likes to defend its pricing by saying:

The second pill cost 25¢.

The first pill cost $800 million.

What they never actually say is that the US government (thereby the taxpayers) heavily subsidized most of that cost.

Big Pharma could use its own Mario Brother, just saying.

[–] Whitebrow@lemmy.world 13 points 5 hours ago* (last edited 5 hours ago)

Even if we go by 0 subsidies as an argument, anything past around the 800 thousandth pill sold has already paid for itself and is now pure profit.

The argument deserves to burn alongside whoever uses it to extort people for life saving care.

[–] SpaceNoodle@lemmy.world 5 points 4 hours ago

Let's-a go!

[–] defaultusername@lemmy.dbzer0.com 8 points 5 hours ago (2 children)

Also most pharma research is done by public universities that private pharma companies then buy the rights to.

[–] fruitycoder@sh.itjust.works 1 points 3 hours ago

The clinicals tend to be ran by the companies pushing for go to market. Those also cost millions

Most? I'm incredulous but I don't know the actual answer.

[–] slazer2au@lemmy.world 4 points 5 hours ago

Brave to assume that only one country gives a subsidy.
Australia has the Pharmaceutical Benefits Scheme that does the same thing.

[–] nocturne@slrpnk.net 60 points 9 hours ago (1 children)

Best selling? Or largest profit margin?

[–] Steve@communick.news 44 points 8 hours ago* (last edited 8 hours ago)

Yah, bestselling is wrong.
Most profitable would be the term.

[–] KiwiTB@lemmy.world 16 points 8 hours ago (5 children)

Drugs can be massively expensive to make with some needing many decades of work so it makes sense they are sold for a lot to gain back that investment. The only issue is if they don't drop the price after they have recouped the cost and profit they needed. Capitalism strikes again.

[–] Catoblepas@lemmy.blahaj.zone 39 points 8 hours ago

This only has legs if they’re developed without being largely government funded, which to my understanding isn’t true for a lot of drugs.

[–] WhoIzDisIz@lemmy.today 26 points 8 hours ago (2 children)

I think they'd justify that by saying they need to ensure the funds they need for future research on other breakthrough treatments. This is not entirely baseless, but just another nail in the coffin for why medical research shouldn't be funded primarily through capitalist methods.

[–] possiblylinux127@lemmy.zip 6 points 6 hours ago* (last edited 6 hours ago) (2 children)

400000% markup seems a bit excessive

[–] Uair@autistics.life -2 points 6 hours ago

@possiblylinux127 @WhoIzDisIz

Reasonably priced recreational drugs:

the 3 addictive powders: $10/oz, pure

Weed: $100/lb

You could actually earn plenty of money at half these prices, but I made allowances for sin taxes.

[–] WhoIzDisIz@lemmy.today -3 points 6 hours ago* (last edited 6 hours ago)

Have you seen how much it costs to develop novel drugs? It's definitely a bit excessive, but also probably not as much as you think.

[–] KiwiTB@lemmy.world 5 points 8 hours ago
[–] tangeli@piefed.social 5 points 7 hours ago

A condition of public funding should be that aggregate internal rate of return, exclusive of executive team remuneration, should be published and capped, verified by independent audit.

[–] FaceDeer@fedia.io 3 points 7 hours ago (1 children)

The patent eventually expires and then the generics come out more cheaply.

There's a generic for Revlimid out now, in fact.

[–] possiblylinux127@lemmy.zip 1 points 6 hours ago (1 children)

It doesn't look like it is going to be any cheaper

[–] snooggums@piefed.world 2 points 8 hours ago

Don't worry, the government subsidies a huge portion of that research already.

[–] SnotFlickerman@lemmy.blahaj.zone 9 points 8 hours ago* (last edited 8 hours ago) (1 children)

Bristol Myers Squibb also makes my cancer drug, Sprycel, which has a similar price tag at just over $18k a month without insurance.

They also make my mother's heart medication Eliquis, which is similarly costly as well.

[–] imsufferableninja@sh.itjust.works 7 points 6 hours ago (1 children)

Have you considered just not having cancer instead?

[–] mrmisses@lemmy.world 4 points 8 hours ago (1 children)

Hm I wonder why they can't find a cure for cancer

[–] Chef@sh.itjust.works 4 points 7 hours ago (1 children)

Cures don’t come with a subscription model.

[–] FaceDeer@fedia.io 14 points 7 hours ago (1 children)

Ironically, one of the forces that push back against that are the much-derided health insurance companies. Health insurance has the exact opposite incentive structure, they prefer a cure over an ongoing treatment.

Also, do you think the owners and executives of pharma companies never get cancer themselves, or never have friends and family with cancer?

In reality the reasons why cures are less common than treatments are complex, it's not pure evil motivating it. Cures are just hard. Especially for something like cancer, which is not just one single disease but rather an whole vast constellation of different diseases. Some kinds of cancer have been cured, and new cures keep coming out all the time. We just haven't done them all yet.

[–] HAL_9_TRILLION@lemmy.dbzer0.com 2 points 3 hours ago (1 children)

I keep telling these people this. Any cure for cancer is going to make it to market because there's money to be made. If there's money to be made, somebody is gonna make it, even if it's not the people making the current treatments who stand to lose out.

[–] village604@adultswim.fan 1 points 12 minutes ago

Also the clout for releasing a cancer cure. It would definitely boost the company's valuation.

[–] possiblylinux127@lemmy.zip -2 points 6 hours ago

All it would take is a little competition to solve

Yet apparently we can't even do that