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I know there are many reasons, but what do you think they are?
omarsaleh66 said:Plus if they get a patent on it, it will only last like 15 years so they have a limited time to make up their investment plus profits before they have to start competing with generic brands
facted said:I'm not 100% sure, but I think patents for drugs last a lot less than that. However, they are extended when the company changes the dosage schedule (you hear about these: NEW!!! Once a day claritin!!!, when before it was maybe 3 times a day).
facted said:I'm not 100% sure, but I think patents for drugs last a lot less than that. However, they are extended when the company changes the dosage schedule (you hear about these: NEW!!! Once a day claritin!!!, when before it was maybe 3 times a day).
jlee9531 said:talking to a guy who worked for merck...and said a bunch of $$ goes into R and D...and there are times where you put in all that money and you end up not being able to use the drug since it was ineffective during clinical trials. so thats a lot of $$ down the drain. they gotta make it up somehow.
Marketing. This is one of the main reasons why drugs are very expensive. Did you all recall any commercials during the Super Bowl?!patzan said:I hear over 50% of Pfizer's budget is put towards marketing.
mikeyboy said:I don't think marketing is the big problem. Drug companies aren't stupid, if the marketing wasn't working then they wouldn't do it. ..Until then, most drugs will be developed by smaller companies with higher R&D costs and thus higher prices.
basupran said:Why do you think drugs cost so much?
I know there are many reasons, but what do you think they are?