Once , few years ago someone asked Dr NP during CC
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Posted On: 10/07/2019 2:51:54 PM
Once , few years ago someone asked Dr NP during CC how much it is for the treatment of every patients they are spending for medicine .
He nicely answered that in biotech one don't answer about it this way , because price is not only what they pay today for drug , but all the expenses , including research and studies for so many years before the drug is developed , than approved , and when patent expire....
And some medicine is wasted on the way...
And even after it is developed , all the marketing , keep the business going , and of course ,
no one do this hard work for many , many years for free , or even shareholders who investing in to a company for many years, they expecting appreciation ...
Righfuly those things are very important...
So it is a difficult judgment here ...
IMO..
He nicely answered that in biotech one don't answer about it this way , because price is not only what they pay today for drug , but all the expenses , including research and studies for so many years before the drug is developed , than approved , and when patent expire....
And some medicine is wasted on the way...
And even after it is developed , all the marketing , keep the business going , and of course ,
no one do this hard work for many , many years for free , or even shareholders who investing in to a company for many years, they expecting appreciation ...
Righfuly those things are very important...
So it is a difficult judgment here ...
IMO..
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