I know what you mean. BTW, Generex's pricing w
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Posted On: 11/15/2020 7:15:38 PM
I know what you mean.
BTW, Generex's pricing will be set by CMS(Medicare) and the Pharmacy Benefit Managers if this winds up being a fee for service situation through insurance. Obviously if the government steps in and buys the product directly I don't know what premium will be allowed for such a bulk purchase.
I believe there is a formula that takes into account development costs and how many patients/vaccinations will be needed and they come up with a pricing structure that allows a more than reasonable profit in most cases. For a pandemic vaccine I would not be surprised to see $10-20. Especially if ours is safer, more effective, longer lasting etc.
Generex isn't going to try and gouge anyone.
BTW, Generex's pricing will be set by CMS(Medicare) and the Pharmacy Benefit Managers if this winds up being a fee for service situation through insurance. Obviously if the government steps in and buys the product directly I don't know what premium will be allowed for such a bulk purchase.
I believe there is a formula that takes into account development costs and how many patients/vaccinations will be needed and they come up with a pricing structure that allows a more than reasonable profit in most cases. For a pandemic vaccine I would not be surprised to see $10-20. Especially if ours is safer, more effective, longer lasting etc.
Generex isn't going to try and gouge anyone.
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