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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Another idea - why don't the worldwide health ins

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Post# of 72445
(Total Views: 278)
Posted On: 08/04/2017 5:40:28 PM
Posted By: petemantx
Another idea - why don't the worldwide health insurance companies have to refund a great deal of the costs to bring a drug online and only pay these sums to drugs that actually make it to commercialization?

If Prurisol costs $1-2 Billion to get to market for psoriasis, why not have the worldwide insurance companies and govt agencies that have to pay for psoriasis chip in a lot of those costs and then the product could be sold for a very cheap amount compared to the companies having to charge ungodly amounts to make back their investments?

Prurisol would be saving worldwide amounts in the $10B+ range (PER YEAR) so why not repay a measly $1-2B so drug could be sold cheaply?

just something to think about


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