It's outrageous if you are an individual who pays for your own prescriptions. Very few people do.
Example: a decade ago as an adolescent I had bad acne. Doctor prescribed cheap medicines (mainly antibiotics) that did almost nothing. So then we went with Accutane, a controversial drug put out by Roche. I was on it for 6 months and it cost $3,000 per month. Got rid of the acne permanently.
I made about $5k a year at the time (odd jobs/part time). I couldn't afford it. Parents are middle class and they definitely couldn't afford it. But they had insurance, so we paid just the copay ($10 per refill, or $20 a month). I got my drugs. Roche got $18,000. Everyone's happy but the insurance company.
So, moral of the story: $2,000/every other month would be a problem for the individual consumer without coverage. But definitely NOT a problem for the other 75% of the population. I think 1,500 euros is the perfect pricepoint. And these patients will be taking this drug in perpetuum.
500 patients x 1,500 euros x forever... pretty soon we'll be talking about real money.
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clinuvel pharmaceuticals limited
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Last
$11.84 |
Change
0.080(0.68%) |
Mkt cap ! $589.4M |
Open | High | Low | Value | Volume |
$11.80 | $12.00 | $11.79 | $215.1K | 18.07K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 71 | $11.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.84 | 339 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 69 | 11.790 |
1 | 46 | 11.780 |
5 | 791 | 11.770 |
2 | 87 | 11.760 |
2 | 384 | 11.750 |
Price($) | Vol. | No. |
---|---|---|
11.840 | 521 | 4 |
11.850 | 308 | 3 |
11.860 | 741 | 4 |
11.870 | 176 | 2 |
11.880 | 186 | 3 |
Last trade - 10.21am 22/07/2025 (20 minute delay) ? |
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