• sir_pronoun@lemmy.world
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    3 months ago

    cough I believe if 40$ means 30% profit, then the cost to produce it is 28$. With the current price of it being 42,250$, this means the profit rate is 42,250$/28$*100%=150,892%.

    In words, one hundred fifty thousand percent.

    It’s insane. Even if I am wrong and it’s 3000% or 30,000% profit on a product funded by tax-payer money, it’s insane and should be criminal.

    • ArbitraryValue@sh.itjust.works
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      3 months ago

      By that logic, the profit on software (which is free to copy) is infinite. You need to look at revenues minus costs for the whole company, not for the specific act of manufacturing a pill.

    • DessertStorms@lemmy.blahaj.zone
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      3 months ago

      Yeah, I wasn’t really paying that much attention, and went off of OP reply’s 30 x 1000 and then missed out a zero lol

      But yeah, it only gets more despicable the more accurate the numbers are…