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Scientific breakthrough: We can now halve the price of costly cancer drug (science.ku.dk)

submitted 3 days ago by [email protected] to c/[email protected]

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The demand for the widely used cancer drug Taxol is increasing, but it’s difficult and expensive to produce because it hasn’t been possible to do it biosynthetically. Until now, that is. Researchers from the University of Copenhagen have cracked the last part of a code that science has struggled with for 30 years. The breakthrough could halve the price of the drug and make production far more sustainable.

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[–] [email protected] 23 points 3 days ago (1 children)

Probably not in America though.

[–] [email protected] 11 points 3 days ago (1 children)

Prince only goes up and wage only goes down.

[–] [email protected] 4 points 2 days ago

Well, wage goes up, but inflation goes up faster

[–] [email protected] 12 points 2 days ago

Ooooorrr drug companies could raise the price a little and more than double their profits!

[–] [email protected] 11 points 2 days ago

Wow! I can't wait! Oh wait, the prices won't change, but the drug companies will pocket the difference! Such a win for capitalism

[–] [email protected] 5 points 3 days ago

Or, hear me out, we keep the same price and make more money

[–] [email protected] 2 points 2 days ago* (last edited 2 days ago)

*we can now double the profits of costly cancer drug

[–] [email protected] 1 points 2 days ago

This lede is insane. As if the price of a drug corresponds at all with production cost. Especially when so much research is publicly subsidized. Let me put this in simple terms the reason drugs are expensive is because of monopoly and IP patent warfare. Not because of how hard it is to make,