cross-posted from: https://mander.xyz/post/11304633

Ozempic maker Novo Nordisk facing pressure as study finds $1,000 appetite suppressant can be made for just $5

  • Risk@feddit.uk
    link
    fedilink
    English
    arrow-up
    2
    ·
    3 months ago

    This paper suggests you’re spot on that they’re not as profitable as other large companies, but they’re still making an awful lot of money on top of the necessary costs.

    • lemming@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      2
      ·
      3 months ago

      Wow, thank you, this is a great source! So less than 90% of the income is used to run the companies and do all the R&D. Honestly, that’s less than I thought and shows how greedy they are. If I read it right, they are more profitable than other large companies. Wow. So a state-owned non-profit pharma company could in theory produce new medicine 10 % cheaper and still be fine. Provided that state-owned company could be as efficient as a private one…