Replies to post #3413 on CNBX Pharmaceuticals Inc (CNBX)

[jim992]

Here is what you might find: They will make you part of a "study" if you agree to daily Q&A via email. They, in turn, will give a break on the cost.

So yes, some insurance companies will be paying the huge price (or part of it), some people will get a discount by participating.

Just one of my allergy shots is over $ 1,000 a month (Xolair), but I do not pay the first $ 10,000 a year because I agreed to over 6 hours of interviews, emails, etc.

So I might pay around $ 2,000 across 12 months instead of over $ 12K.

Just a thought of what may happen. Still outrageous!!

Take care, Jim

[smarty1212]

The first thing that needs to be done is figure the cost to develop this drug over the course of nearly a decade, then divide it by 7. That is the cost it must charge just to break even. I would be curious to find out what the actual development cost was.