James Surowiecki gives us a short & sweet look at unbridled market logic applied to drug prices:
An editorial in the most recent issue of Nature Medicine places the price of this single drug in the wider context of treatment costs for Hepatitis C…
“Notably, these prices do not account for the additional costs of interferon or ribavirin (~$15,000–30,000, depending on the treatment course), pharmacy dispensing fees, tests and doctor visits. Nor do they reflect the estimated manufacturing costs—which do not exceed ~$270 for a 12-week course of treatment (Clin. Infect. Dis. 58, 928–936, 2014).”
… and arrives at the logical conclusion:
“With HCV therapies capable of eradicating the infection, patients should not have to measure the value of their health against the cost of drug treatment. Clearly, more potent advocacy is required to improve both government investment in research and treatment and negotiation of fair pricing strategies with pharmaceutical companies.”