Word: costs
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...Novartis, says the company realized it was pointless to try to sell a medication to people who couldn't afford it. So in 2001 the company signed an agreement with the World Health Organization to bring the price down to $1 per dose, or just about the cost of making it. Then the drugmaker went one step further, slashing that price again, to 80 cents - in other words, taking a 20% loss. Meanwhile, it ramped up production, subsidizing plant cultivation in China and Kenya in order to be able to provide 100 million doses of Coartem a year throughout Africa...
...There is a lot of concern about the rising cost of education, and especially at Yale, our goal this year was to keep the rise in tuition, room, and board as low as possible,” said Caesar T. Storlazzi, Yale’s Director of Financial...
...most of the Floridians seeking affordable housing still can't muster the means, credit history or job security to land a mortgage - even for a $100,000 fixer-upper - especially with lending requirements tightening in the wake of the subprime catastrophe. This is, after all, low-wage Florida: housing costs may be falling - in exorbitant South Florida, they've tumbled 45% since the median cost peaked at $375,000 two years ago - but take-home pay isn't rising. Unemployment, in fact, is at 8.1%, Florida's highest level in two decades...
...choppers were slated to make their first takeoff from the White House lawn in 2012. But their cost has soared from an estimated $6.1 billion in 2005 to $13.4 billion today. "We're not going to pay $500 million for one helicopter. Period," Representative John Murtha, the Pennsylvania Democrat who chairs the House Appropriations Committee's defense subcommittee, declared recently. At $480 million a piece - roughly the price of the 747s fitted as Air Force One - the choppers, part of Lockheed Martin's VH-71 program are "in deep trouble," Pentagon officials said on Tuesday. (See pictures of the Army...
...familiar Pentagon-procurement pattern, the Navy and its contractors began blaming one another for the spiraling costs once the program came under a critical spotlight. John Young, the Pentagon's outgoing acquisition czar, recently blamed both. He cited the program as emblematic of a Pentagon culture wedded to rosy cost projections. "Higher costs, whether based on low estimates or poor enterprise management, is unacceptable and harmful to the defense enterprise," he wrote to Defense Secretary Robert Gates last month. "The acquisition team bears significant responsibility for moving forward with these programs built on inadequate foundations." (Read "Can Robert Gates Tame...