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Big Pharma's Just Deserts?
American Spectator ^ | 10 Apr 07 | Doug Bandow

Posted on 04/10/2007 8:35:48 PM PDT by rellimpank

The pharmaceutical companies are learning that sleeping with the government results in more than the one-night stand they desired. Legislation to impose price controls on pharmaceuticals purchased through the 2003 Medicare drug benefit will soon hit the Senate floor.

Some drugmakers may have to learn a second time. Merck's early efforts to mandate use of its new human papillomavirus (HPV) vaccine could similarly backfire. What government gives with one hand it usually takes away with anothe

(Excerpt) Read more at spectator.org ...


TOPICS: Business/Economy; Constitution/Conservatism; Government; News/Current Events
KEYWORDS: drugs; pharma; pricecontrols
--as Ronald Reagan said, "if you get in bed with government ,you are going to get more than a good night's sleep"--
1 posted on 04/10/2007 8:35:49 PM PDT by rellimpank
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To: rellimpank

This is still gonna make healthcare costs rise. Dumb dems


2 posted on 04/10/2007 8:40:41 PM PDT by Barte45 (Conservative Christian @ Heart)
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To: rellimpank
The pharmaceutical companies are learning that sleeping with the government results in more than the one-night stand they desired.

If one is not with government boards, agencies, and auditors - then one is against them (or will be very soon).

They are screwed no matter what they do. That's business, that's government... that's communism.

3 posted on 04/10/2007 8:48:19 PM PDT by SteveMcKing ("Context" -- the best friend of Hypocrisy.)
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To: rellimpank; Pharmboy
Merck's early efforts to mandate use of its new human papillomavirus (HPV) vaccine could similarly backfire.

Yes, it's a rather expensive vaccine.

4 posted on 04/10/2007 9:40:42 PM PDT by Paleo Conservative
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