The research and development of R&D cost new drugs needs a lot of time, manpower, material resources and other resources. These costs are usually recovered through drug prices after new drugs are marketed. In addition, for drugs with intractable diseases, the price is often higher because of the difficulty in research and production.
Production cost Drug production needs to invest a lot of money and resources, including the purchase of raw materials, equipment and labor costs. The production cost of drugs will also directly affect their prices.
Market competition: The market competition of some conventional drugs is fierce, and the price of drugs will also drop. However, some special-purpose drugs may have an imbalance between supply and demand in the market, and their prices are relatively high.
Marketing cost Some large pharmaceutical companies usually invest a lot of money in advertising and marketing to improve brand influence and market share. These marketing costs will also affect the price of drugs.
Cost of medical services The medical services provided by hospitals for patients include salaries of doctors, nurses and technicians, equipment maintenance, utilities, etc. , is also an important part of drug prices.
Taxes and Profits Hospital drug sales also need to pay taxes, and hospitals also need to obtain certain profits to maintain normal operations. These costs will also directly affect the price of drugs.