Why does latuda cost so much?

Answer 1

Latuda (lurasidone) costs a lot primarily due to its status as a brand-name medication, which often entails significant research and development expenses incurred by the manufacturer. Additionally, the pricing reflects the costs associated with regulatory approval, marketing, and ongoing clinical studies. Limited competition from generics, especially if the drug is newly introduced or still under patent protection, can also contribute to higher prices. Lastly, the overall healthcare landscape, including insurance reimbursements and pharmacy benefit managers, influences the final cost to consumers.