Unfortunately, price controls, in whatever form, will be necessary for medicines. While the drug companies may be entitled to $50.00 per pill they are NOT entitled to $750.00 per pill.
they pushed gabapentin for a million off label uses, even though most docs say it’s basically a placebo.
I have read a lot about its mechanism as compared to benzos and the benzos win out every time, regarding anxiety.
As for pain, though I think it was WAY overprescribed, oxy is miles ahead of gabapentin in controlling pain. BTW, big pharma PROMISED they would never push oxy for anything other than cancer.
But we knew that was a lie.
Now that millions are addicted, they come out with suboxone to treat the addictions. Can’t lose that way!!
The only thing that helps my head injury symptoms is klonopin.
Gabapentin, lyrica, and a billion other pills that wer supposed to help did nothing.
What does the amount that the pill is being sold for have to do with the right of ownership?
CC
What does the amount that the pill is being sold for have to do with the right of ownership?
CC
Why do you believe that the pharmaceutical companies should not be able to set their own prices? I also note that you use the loaded term “entitled”, as opposed to the more frank term “deserve”, which is what you mean.
Three conditions for a free market long known by economists:
In the American healthcare system all three principles are violated in spades.
Without that $750, they won’t have the incentive (or money) for another $2,000,000,000 in R&D for the next drug.
Hard to quibble about the price of a lifesaving drug that DOESN’T EXIST BECAUSE YOU DISCOURAGED ITS CREATION.
To which I must rhetorically retort, "What medicine?" If it costs 100's of millions in R&D to create a drug, but companies cannot recoup that cost plus make a profit, there will be no new drugs available for the consumer to buy. Someday your child or grandchild might develop a nasty MRSA infection, which few drugs are effective against. We desperately need new antibiotics to fight this and other resistant bacteria, but since there is little profit in this class of drug, we are seeing little research and precious few new drugs in this class come to market. With price controls, that situation will spread across all classes of drugs.
“While the drug companies may be entitled to $50.00 per pill they are NOT entitled to $750.00 per pill.”
How very fascist. What’s next? Want to tell me what wage I’m “entitled” to?
L
You have an odd idea of property rights.