,000% price increase then decrease for HIV medication
10-23-2015, 09:59 AM
Quote: (10-23-2015 01:51 AM)El Chinito loco Wrote:
That's a huge undercutting of the competition.
It's also very smart because i'm sure this company has also opened itself up to the large international developing country market who will gladly buy from a developed world pharm company. That's probably what they were banking on all along by coming into the market at that price level.
No, the pills are even cheaper in the developing world. In India they sell 'em for 10c a pill, which is 10% of the US 'cheap' version.
The United States could easily have quality and incredibly cheap generic meds, if it wasn't for the draconian FDA legislation that locks reputable international drug makers out of the US market.