Reply to post: Re: Remeber all those reports about AI taking white collar jobs.....

Megacorp GSK inks AI drug development deal with Brit firm

DocJames
Coat

Re: Remeber all those reports about AI taking white collar jobs.....

Drug costs are not related to the cost of development; they are related to what the company think the market will bear.

See: Gilead's hepatitis C drugs, which are awesome (ie cure the disease in 12 weeks most of the time). The price they've been set at reflects the costs of a liver transplant. This is ~10^3 times the cost of manufacture... luckily we (thanks to the US Senate) have their internal documents discussing what price to set, and R+D costs don't feature there at all.

Icon: I always think it looks like someone rifling through someone else's coat pockets

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