Biotech Values

[DewDiligence]

Re: Why Does US Healthcare Cost So Much?

because we allow a company like Alexion charge 450k a year for a drug that cost the company less than 20 million to develop.

because cancer drugs cost 50 to 100k a year to increase lifespan by weeks, and most of the time increases toxicity.

The point of the article from The Atlantic is that these effects, unhelpful as they may be, are tiny in the overall scheme of things.