It costs nearly $5 Billion to develop and qualify a drug in the US

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Sep 27, 2024
7:53:25am

Skeptical Optimist Intervention Needed

Saying it costs $5 to produce is a meaningless number.

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Skeptical Optimist

Previous username: workindev
Bio page: Skeptical Optimist
Joined: Aug 2, 2006
Last login: Sep 27, 2024
Total posts: 82,843 (4,436 FO)

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Messages

Author

Time

Ozempic bankrupting America

claw

7:44am

Half my neighbors and HCBW’s friends are on this drug. I just have a gut feeling

brazilcoug

7:47am

You have a “gut feeling?” Nice

Iman23

7:50am

Yes. 🤮

brazilcoug

7:51am

You do realize that people have been taking them for decades, right?

Skeptical Optimist

7:51am

No. Drug came on market 7 years ago

claw

8:31am

The first GLP-1 Agonist received FDA approval in 2005. Research on Semaglutide started

Skeptical Optimist

8:45am

Problems like help controlling addictions? Mood stabilization? Less depression?

ochobeeguy

8:00am

People have been taking this for many many years for Type II Diabetes

Ol Big Bear

8:05am

agreed.

diluigifan

9:15am

Ridiculous accusation

Skeptical Optimist

7:49am

Did you watch the video? They go through the economics.

Future_Tacos

8:06am

I watched half of it before I had to stop because I was rolling my eyes so hard

Skeptical Optimist

8:16am

Agreed. But should it cost 8-10x more in America than Europe? If yes, why?

dtownCoug

8:21am

Because those socialist societies have outsourced drug R&D to the one country

C-dubb

8:38am

then shouldn't it be the opposite - that they have to pay more not less since

cwilke1

8:41am

"Should" and "socialized medicine" are often in the same sentence unfortunately

Skeptical Optimist

8:57am

I don’t understand this. R&D is expensive. But once the R&D is done and the drug is being distributed, why is it sold at

SpecialT

9:23am

It shouldn't - it is unfair that socialized medicine in Europe forces US healthcare customers

Skeptical Optimist

8:39am

It’s an indictment on their system that they pay far less?

dtownCoug

8:56am

It's an indictment of their system that they rely on other people to pay for their stuff

Skeptical Optimist

8:58am

RE: Ozempic bankrupting America

claw

7:49am

It costs nearly $5 Billion to develop and qualify a drug in the US

Skeptical Optimist

7:53am

Why the Yale professor doesn’t take this into account is baffling.

LeGrandBleu

9:09am

It’s $150/mo… many can save more on it with less food costs per month

cougfanz

7:50am

I think the point of the video is that the government is paying

JuicyJam

7:54am

It's the governments fault for not buying compounded medications

Skeptical Optimist

7:54am

I thought wegovy was only covered by Medicare for weight loss in those

cougfanz

7:57am

There are a lot of people that fit that description

WhirleyPop

8:00am

Wegovy is only FDA approved for weight loss if your BMI is >30.

Skeptical Optimist

8:01am

Health plans for government workers

ochobeeguy

8:02am

Weight loss, cardiovascular, mental health, and anti-cancer benefits ...

KCFan85

7:51am

There is some pretty good science behind the fact that weightlifting won't fix people's obesity problems.

TN_Coug

7:58am

Weight loss, cardiovascular, mental health, and anti-cancer benefits are all good, regardless

Skeptical Optimist

8:03am

Yeah, everyone with depression and anxiety and cancer should just exercise…

ochobeeguy

8:04am

Nah. Everyone should just take pills.

KCFan85

8:16am

You can find "research" GLP-1's on the web, about $100/month

Y-Zag

8:43am

Any estimate on production costs that fails to take into account the cost of R&D

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