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How the FDA Turned a $10 Treatment into a $30,000-Per-Pregnancy Pharmaceutical Money-Maker
ANH ^ | March 20, 2011

Posted on 03/23/2011 7:02:48 AM PDT by La Lydia

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Your government at work. I have decided that the FDA needs to be abolished, and we need to start all over again.
1 posted on 03/23/2011 7:02:51 AM PDT by La Lydia
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To: La Lydia

You can sign me onto that petition: abolish the FDA.


2 posted on 03/23/2011 7:05:20 AM PDT by don-o (He will not share His glory; and He will NOT be mocked! Blessed be the name of the Lord forever.)
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To: La Lydia

Sorta like the bad guys in Mission Impossible 2


3 posted on 03/23/2011 7:06:12 AM PDT by yldstrk (My heroes have always been cowboys)
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To: La Lydia

I think you are half right. Frankly I would rather deal with snake oil salesmen than with government parasites. Repeal and don’t replace is my opinion.


4 posted on 03/23/2011 7:06:55 AM PDT by RightOnTheBorder
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To: don-o

Abolish the FDA and when the first child is born with birth defects because the parents could not afford the drug, sue the CEO of KV Pharmaceuticals. If the child dies they (FDA and KV Pharmaceuticals) should be held accountable for murder. Jerks.


5 posted on 03/23/2011 7:09:42 AM PDT by devnull (Obama, Czar of czars.)
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To: La Lydia

I work in the pharma industry and am often irritated by uneducated people who do not understand the drug development process and how expensive it is.

This however is not one of those cases. This is pure Big Government bureaucratic lunacy.


6 posted on 03/23/2011 7:10:49 AM PDT by TSgt (Colonel Allen West & Michele Bachman - 2012 POTUS Dream Team Ticket!)
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To: don-o

INvoke the TRIPS agreement and bust the pharma monopoly with worldwide pirating. I’d rather buy my prescriptions from the BRIC countries than see the pharma monopoly make another dime.


7 posted on 03/23/2011 7:12:54 AM PDT by BlazingArizona
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To: La Lydia

Plus, natural progesterone cream can be bought over the counter at any health food store.


8 posted on 03/23/2011 7:12:57 AM PDT by Roos_Girl (The world is full of educated derelicts. - Calvin Coolidge)
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To: La Lydia

The FDA and our Gov’t are going to drive Americans (those that can afford it) overseas for treatment.


9 posted on 03/23/2011 7:14:47 AM PDT by PGR88 (I'm so open-minded my brains fell out)
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To: La Lydia

More proof that the very phrase “intellectual property” is a lie: patents and copyrights are government-granted monopolies, pure and simple. The “orphan drug” provision is a particularly obnoxious example of this, as it flies in the face of traditional patent law, in which a patent cannot be granted on something which is “existing art”: scaling up to industrial production something that was being made at pharmacies nationwide might be patentable if the process of mass production were new, but then only using that process would be infringement.

This is also an example of the distinction between pro-business and pro-market that Luigi Zingales makes (cf. Gov. Palin’s recent book, which quotes his ideas approvingly): a state-granted monopoly is anti-market but pro-business. And note the effect: a drastic price-rise in a medical treatment. It makes on wonder to what degree health care costs are driven by anti-market measures like the “orphan drug” provision, allowing patents on “new” drugs which scarcely change the molecular structure of an existing drug for treating the same ailment, or, for that matter, laws that encourage the structuring of health insurance so no price information is transmitted to the consumer of health care.


10 posted on 03/23/2011 7:17:29 AM PDT by The_Reader_David (And when they behead your own people in the wars which are to come, then you will know. . .)
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To: Roos_Girl

I wonder if that will be stopped because of this. My OB with my latest pregnancy had me use a suppository because he said it is more effective absorbed than injected.


11 posted on 03/23/2011 7:24:08 AM PDT by butterdezillion
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To: La Lydia

Follow the money. Who’s who in KV Pharmaceutical stock ownership? hmmm


12 posted on 03/23/2011 7:24:58 AM PDT by A. Morgan
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To: La Lydia

This smells so bad. There looks to be a big story here and a need to follow the money. If a compounding pharmacy can make it for $10 and KV charges $1500 then there is a lot of cash available to bribe decision makers.
The Fugitive II anybody?


13 posted on 03/23/2011 7:26:59 AM PDT by bjc (Check the data!!)
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To: La Lydia

The requirement by the FDA of drugs which have been used for a long time to be officially tested causes problems like this. One example was terpin hydrate. It was a spectacular drug for clearing out my lungs from a really bad cold or bronchitis. I remember getting it in the 1980s when I worked at a drug store and the pharmacist told me “here’s what you want”. But some idiot in the FDA in the 1990s decided it had never been proven to be effective so it was taken off the market. No pharma company wants to put in the money to do full testing because it is out of patent and was only $2-$3 per bottle (cheaper than Robitussin). If they did test it the price would probably jump to $100 per bottle.


14 posted on 03/23/2011 7:28:18 AM PDT by KarlInOhio (Washington is finally rid of the Kennedies. Free at last, thank God almighty we are free at last.)
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To: La Lydia

Colchicine had a similar situation develop last year, but iirc the cost increase was only around 1000% or so.


15 posted on 03/23/2011 7:30:16 AM PDT by WoofDog123
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To: La Lydia

Question 1) How did KV Pharmaceutical get exclusive manufacturing rights? The answer to this will certainly lead to criminal investigation.

Question 2) How does a company get “drug trial tax breaks” for an old drug like this?

Question 3) Why are there patents and copywrites that have time periods of 10-15 years?


16 posted on 03/23/2011 7:32:32 AM PDT by ThomasMore (Islam is the Whore of Babylon!)
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To: RightOnTheBorder

I would rather deal with snake oil salesmen than with government parasites.

There is a difference?


17 posted on 03/23/2011 7:33:01 AM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: KarlInOhio

Oh man, terpin hydrate helped my cough too. It was great. Robitussin pales.


18 posted on 03/23/2011 7:36:36 AM PDT by yldstrk (My heroes have always been cowboys)
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To: KarlInOhio

I don’t know where you live, but I think you can still get terpin hydrate at drug stores in Mexico.


19 posted on 03/23/2011 7:37:43 AM PDT by La Lydia
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To: La Lydia

they did the same thing with colchicine, the pill went from 10 cents to over 5 bucks a pill and there are no generics.


20 posted on 03/23/2011 7:38:18 AM PDT by CJ Wolf
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