Posted on 09/21/2015 3:26:17 PM PDT by SMGFan
Gripe as we might, consumers understand that price increases do happen. What’s not as easily understood is how the price for something can go from $13.50 one day to $750 the next — especially when it’s a generic drug used to save lives.
For decades, Daraprim (pyrimethamine), an anti-parasitic used to treat malaria and toxoplasmosis, had been made by GlaxoSmithKline and sold for as little as $1/tablet until not that long ago. Then in 2010 GSK sold the drug to CorePharma, which began to raise the price. Within a year, revenue from Daraprim jumped nearly ten times even though the number of prescriptions written remained flat.
Then last month, a company called Turing Pharmaceuticals acquired the U.S. marketing rights to Daraprim and the retail price for the drug skyrocketed.
(Excerpt) Read more at consumerist.com ...
The vast majority of drugs sold in the US have extremely inflated prices. I know of drugs that are $2 a pop overseas and $200 here.
I’m not sure if there’s enough sales to attract a generic manufacturer or of the controlled distribution would make it difficult. It looks like the sleazeball figured all of the angles.
And he slips on it & does a face plant into the cake.
Ah....”used to treat malaria”...that’s the key.
Just like banning DDT.
Malaria kills millions in the 3rd world each year and the Population Control crowd wants to keep it that way.
No worries.....Hillary says she’ll fix this over pricing of drugs.....
I will check into it as well.
Thanks!
Hope it does well for you. It’s great on hands, too. :)
Drug Business is BIG business.
Keep pouring the Ritalin into those little kids.
Go to the local feed store and get a can of Bag Balm. Best stuff ever created for skin conditions.
It is amazing how much cheaper veterinarian supplies are than humans supplies even though they come from the same assembly line / process...
you got that one right, no wonder canned dog and cat food goes so well with barbecue sauce.
I had a roommate in college that always wanted to be a veterinarian. He got very good grades in college but got turned down by all of the big veterinarian schools because the competition was too stiff. He ended up going to medical school instead.
For the past 25 years he has been a surgeon in Houston.
Wall street’s greed denies a world in need.
Yes on the bag balm. Hubby is a retired firefighter watershed expert. He was always on the first strike team out anywhere out here. He always carried a couple of them in his pack. One for him and one for his crew to pass around.
Added that to the Amazon for an order at the end of the week.
Added that to the Amazon for an order at the end of the week as well. Thank you.
You’re very welcome.
Sam’s club is always selling out, so when I find it there, I buy multiple jars.
Turing Pharmaceuticals is playing into the hands of Hillary's attack on drug prices, and may do serious damage to the pharma companies who actually are innovating. The people who developed the new $$$$ Hep C drug came up with a novel drug for a serious disease. Turing Pharmaceuticals is just gaming the regulatory system.
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