World AIDS day this article on the high prices for AIDS drugs caught my eye. I’m not sure though. Generics cost less because those companies don’t spend much money at all on basic research, clinical trials, product education, etc. So to compare their prices with those charged by the big pharma companies isn’t exactly fair.
It can cost a company billions of dollars to bring any drug to market – whether it’s an AIDS drug or some other therapeutic agent. And generics companies don’t do any of that work – or very little. Maybe governments should be underwriting the drug costs?