Sunday, April 28, 2024 8:44:46 PM
In most 'auction's the price of the asset is already known, before the auction is held. and bidders just participate and pay 'fair price'
These drug patents are worth a lot of money if it sells as insurance companies are paying for these treatments 3.5 million/treatment. Who would have that kind of money if they don't have the 3.5 million and no insurance?
these are rare diseases and only a few pay for them.
The treatment will be available by prescription to eligible patients this quarter, a Pfizer spokesperson told CNBC. It has a hefty $3.5 million price tag before insurance and other rebates, the spokesperson added, making it by far one of the most expensive drugs in the U.S.
https://www.cnbc.com/2024/04/26/fda-approves-pfizer-gene-therapy-beqvez-for-treatment-of-hemophilia-b.html
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