My point is that their cost has most likely been recouped and they could probably stand to decrease the cost of TOBI some (if they haven't already) to take some financial burden off of the insurance companies, the government & the patient. Not to mention, other countries may approve it for their patients if it was at a lower price point.
I'd say they still stand to make oodles of money for R&D for other drugs from TOBI profits and my guess is that TOBI isn't the only drug they are making a profit from at this time (to use for R&D). Not to mention that the CFF often chips in funds for R&D for CF drugs too.
A couple of other clarifications:
<i>1. Hardly anyone pays the cash price for TOBI. It's paid for mostly be 3rd parties which negociate their rates, usually 1/2 of the cash price. </i>
So, most people's insurance only pays $1650 for TOBI?
<i>3. You're assuming that your $300 million figure is pure profit. </i>
No, I said gross, not net
<i>Pay the people to drive the trucks, or load intro trains. Then pay for fuel. </i>
I guess I didn't realize that Chiron had their own trucking/freight company. I just assumed they used Fed Ex, UPS or something.
I'd say they still stand to make oodles of money for R&D for other drugs from TOBI profits and my guess is that TOBI isn't the only drug they are making a profit from at this time (to use for R&D). Not to mention that the CFF often chips in funds for R&D for CF drugs too.
A couple of other clarifications:
<i>1. Hardly anyone pays the cash price for TOBI. It's paid for mostly be 3rd parties which negociate their rates, usually 1/2 of the cash price. </i>
So, most people's insurance only pays $1650 for TOBI?
<i>3. You're assuming that your $300 million figure is pure profit. </i>
No, I said gross, not net
<i>Pay the people to drive the trucks, or load intro trains. Then pay for fuel. </i>
I guess I didn't realize that Chiron had their own trucking/freight company. I just assumed they used Fed Ex, UPS or something.