A joint study between Yale University, King’s College Hospital in London and Doctors Without Borders found a single shot could be made for just 89 cents.
There would still be a profit incentive in this case even if they charged 1% of what they’re asking for. They’d still be making a 50% profit. A margin that would be highly favourable in basically any other industry. The whole point of market competition is to drive down that profit margin and pass the savings on to customers. A 95% markup like here demonstrates that the health industry is completely immune to market forces.
There would still be a profit incentive in this case even if they charged 1% of what they’re asking for. They’d still be making a 50% profit. A margin that would be highly favourable in basically any other industry. The whole point of market competition is to drive down that profit margin and pass the savings on to customers. A 95% markup like here demonstrates that the health industry is completely immune to market forces.