Ok, so what do you do about it? That’s the question.
“F” Martin, Money grubbing A$$ wipe.
OK. So reduce the patent term for drugs to three years with no renewals. Force the drug companies to earn market share by cutting costs, like most business have to do.
Since the drug has been on the market for 50 years there is no high R&D costs to recover.
If he hasn’t rolled back the prices then action needs to be taken.
IMHO he did this for attention. So lets give him loads of negative attention a la “The Man Without a Nation”. No one attends his parties. No one invites him to a party. When he shows up at a restraint you ask to be moved away from his table. You get the picture? If some other nerd joins him, extend to him the same treatment.
He was within his rights to raise the price. We are within our rights to treat him as a total social outcast.
The medication, Daraprim, is used to treat parasitic infections and is commonly used by AIDS patients. It has been around for more than 60 years.
So suddenly after 60 years there is a 4000% increase overnite. Since it’s a drug used for AIDS and not aspirin he figures he can charge what the market will bear. I guess the drug companies really love Obamacare when they can get away with this.
Boycott this sorry punk. He just look slimy.
Its a free country and the drug guy has every right to set his prices. But Trump is right that the public can slam him for it and he really ought to be ashamed. So that’s how the world works. You shine a bright light on something that is wrong and people generally change their ways.
Trump NAILED him...good for him. If the company HAS A VALID REASON to raise the price that much, that quickly, they are MORE THAN WELCOME to make their case.
I suspect not. It seems that they see a monopoly - if you want to live, pay us, if not, feel free to try your luck without us. Is that ANY DIFFERENT than the Mexican Drug Cartels that Mr. Trump also has issues with?
The days of THIS CONSERVATIVE defending BIG BUSINESS ended the day Big Business got in bed for Open Borders. If they have a case to make, THEY CAN MAKE IT. This FReeper is done carrying their water - at least until they start to show that they give a damn about this country.
http://www.freerepublic.com/focus/f-news/3340205/posts
But, but won’t Obamacare cover it? ;-)
It’s $1.73 a dose from the Canadian pharmacies.
bttt
I think the news had it that the spoiled brat reversed himself and dropped the price today. I have not seen any proof of that, though.
In the end, the taxpayers will be picking up the bill for this outrageous price increase, which is why it was done in the first place.
He is also a major crook.
He stole lots of money and is being sued by ex partners for it. He also gave money to John Kerry and Hillary Clinton in years past so you know he is a crook and off his meds.
http://www.dailymail.co.uk/news/article-3243938/Ex-hedge-funder-32-hated-man-internet-defends-jacking-prices-AIDS-medication-5500.html