"Government must also make MRI machines, pacemakers,
surgical gloves, and all Senators get 1% of the profits."
Posted on 12/19/2018 2:16:05 PM PST by Zakeet
Sen. Elizabeth Warren (D-Mass.) on Tuesday unveiled a bill aimed at lowering drug prices by allowing the government to step in and manufacture certain drugs that lack competition.
The bill from Warren, who is considered a likely 2020 presidential contender, comes as Democrats are putting forward a range of new ideas on how to lower drug prices, a top priority for the public and an issue that President Trump has also highlighted.
Warren's bill would create a new office in the Department of Health and Human Services that would be empowered to manufacture generic drugs itself and sell them at fair prices, if no company is already making the drug, or if one or two companies are making the drug and the prices spike.
[Snip]
Other possible Democratic presidential contenders have also been pointing to ideas to lower drug prices recently.
(Excerpt) Read more at thehill.com ...
Must be a joke.
Yeah, I’m sure quality and safety will greatly improve.
“Ugh”
Lizzie needs to be reminded of the cost of the Obamacare website (Healthcare.gov) and they couldn’t get it to work during the first 2 years.
Aren't those called drugs that have government issued patents on them? So the drug manufacturer goes to all the expense to develop new drugs and get a patent, then Warren takes that away and the government produces the drug (let's not talk about quality or efficiency).
This actually sounds like a variant of what Canada does now (forcing the manufacturer to sell for close to marginal cost, leaving the US consumers to pay for R&D costs). The result will be that there will soon be no more new and better drugs.
It is also called communism. Or if the government picks which drug company does the manufacturing, fascism.
I’m sure Europeans get sick too.
They seem to be able to make do without starting up a government drug factory.
How about making European (EMA) drug approval as good as FDA approval?
This perfect commie solution requires a perfect little commie superstar to run it, I nominate AOC as the brain trust to get this operation going and then manage it.
Relax, the cartels will sell them anything we need cheap.
And what kind of quality person would want to work and do research there.
All the good research people would move to wherever there was no government intervention.
Lower them even more, let uneducated illegals make them...
Americans are subsidizing the cost of low price pills abroad.
And American consumers are stuck with the Chinese and Indian made “generics”.
In past days, our Govt. DID make Chemical Weapons.
So they do have drug-making experience, and everyone needs to calm down.
Not to mention LSD, etc. experimentation.
>>Pure COMMUNISM government taking over businesses.
Marxist Maxine Waters to the oil industry:
“this liberal will be all about SOCIALIZING, uh uh ... will be about... uh... basically taking over and the GOVERNMENT running all of your companies”
https://www.youtube.com/watch?v=_93SldBytjE
It would reduce a huge budget by 50%, but nothing else would change that I can think of.
Government is God to these lunatics.
what’s more, the manufacturers of knockoffs, er, generics are exempted from liability from side effects of their dodgy pills.
DRUG COMPANIES NOW EXEMPT? HOW THE SUPREME COURT RULING WILL AFFECT PRODUCTS LIABILITY LAWSUITS
https://www.ginsburg-law.com/blog/2013/july/drug-companies-now-exempt-how-the-supreme-court-/
The U.S. Supreme Court issued a ruling in June 2013 affecting the permissibility of products liability lawsuits against generic drug makers, and this ruling has heavy implications on the American consumer. The ruling, in Mutual Pharmaceutical Co. v Bartlett, is the culmination of acts that began with the dispensation of the generic form of a brand-name drug. Millions of Americans take prescription drugs daily for a wide variety of ailments and illnesses. Over three-fourths of those prescriptions are issued in generic form largely due to the fact that generic drugs are much less expensive than their brand-name counterparts. That is where Mutual Pharmaceutical Co. v Bartlett got it’s start.
In 2004, Karen Bartlett received a prescription for the generic drug, Sulindac, a non-steroidal anti-inflammatory (NSAID). Within weeks, she began experiencing the symptoms of toxic epidermal necrolysis (TEN), a more severe form of Stevens-Johnson Syndrome (SJS). Karen’s skin was essentially burning off from the inside out on over 60% of her body. She is permanently disfigured, has undergone over a dozen eye surgeries, and is almost completely blind.
Karen sued Mutual Pharmaceutical Co., the maker of Sulindac, and her lawsuit focused on design defects and failure-to-warn (i.e., mislabeling), alleging that the generic drug was unreasonably dangerous and labeling did not include warnings about TEN being a potential side effect. The package insert for the drug did include a warning referencing TEN, but because Karen’s physician affirmed that he had not read the insert, the failure-to-warn portion of the products liability lawsuit was dismissed.
Karen was awarded $21 million and Mutual Pharmaceutical’s response was to remove the case to the Supreme Court. Mutual claimed there could be no products liability attached to their design and labeling of the generic drug because both were copies of the FDA-approved brand-name design and labeling. FDA regulations explicitly prohibit any changes to the design or label approval. The Supreme Court reversed the state court’s verdict, upholding Mutual’s argument that makers of generic drugs have no potential for products liability because of those regulatory prohibitions...
>>Why not cut the number of senators to one per state?
And we could have the process of elimination in each state be carried out with a grudge match in Thunderdome. Two enter, one leaves.
Televise the proceedings weekly on pay per view and balance the national debt inside of one year.
was the government making LSD or were they just buying it from Sandoz like everyone else?
https://www.sandoz.com/about-us
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