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No President Trump, Prescription Drug Prices Can't Be Reduced by Decree
Real Clear Markets ^ | February 7, 2019 | Daniel Savickas

Posted on 02/11/2019 2:15:54 PM PST by Tolerance Sucks Rocks

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To: mfish13

“We subsidize the R& D with higher costs here in the US”

So, why do the same companies sell the same drugs elsewhere for less? Shouldn’t other countries share in the R&D costs? Do you think Americans should be happy about subsidizing people in other countries?


61 posted on 02/11/2019 5:14:57 PM PST by jospehm20
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To: Logical me; Revel

Many countries, including Canada, do, in effect, reduce prescription drug prices by decree. Governments may do the buying; and insist on a steep discount. It works, because U.S. consumers pay most of the cost of research.


62 posted on 02/11/2019 5:42:29 PM PST by USFRIENDINVICTORIA
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To: NorthMountain

remember China sent us toxic sheetrock several years back. No thanks on generic pills.


63 posted on 02/11/2019 5:49:39 PM PST by Kozy (new age haruspex; "Everyone has a plan 'till they get punched in the mouth.")
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To: E. Pluribus Unum

It is nothing to do with “control freak” and everything to do with the fact that a non-medically trained person has no idea how to diagnose an illness, no resources to conduct the appropriate lab tests, and no knowledge of how to decide which would be the correct course of action once the condition is diagnosed. Furthermore, taking a drug that is not medically necessary can cause serious health problems. You can’t just put a drug out on the shelf for people to buy OTC when it takes a medical exam and testing to know whether and how much to take.


64 posted on 02/11/2019 6:10:51 PM PST by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org/)
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To: exDemMom

You didn’t read what I said. Go read what I actually said and get back to me. Or don’t and prove you just like to hear yourself talk.


65 posted on 02/11/2019 6:12:15 PM PST by E. Pluribus Unum (Capitalism produces EVERYTHING Socialists/Communists/Democratic-Socialists wish to "redistribute.")
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To: exDemMom

That is not true. My mother never stepped inside a medical school, and raised all her children with prescription drugs which were available OTC circa before 1960 in India.

It is called FREEDOM to be able to take responsibility for yourself..IF YOU KNOW WHAT YOU ARE DOING.

Circa 2019, there is so much info available on internet searches, the job of using the correct medications is 1000 times easier than during my mother’s time.

For those who would prefer going to a doctor should be able to do so by all means. But give freedom a chance for those who are willing to take responsibility for themselves. I check my blood pressure, blood glucose levels and and urine analysis all the time using simple gadgets available OTC (thank God) and don’t always need a doctor to tell me what to do.


66 posted on 02/11/2019 6:24:36 PM PST by entropy12 (One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
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To: Sooth2222
Most new drugs are developed in the US. At one time in the recent past, 9 out of 10 new drug discoveries were made in the US. There are all sorts of reasons for that but you'll find that the British, Swiss, German and French drug companies have massive R&D facilities in the US.

The US is where they make their money and to the other poster's point, if you harm the profit motive here, you'll get lower prices on your drugs, but you'll kill drug development in its tracks. Countries that practice price controls do not develop new drugs.

We could always turn over R&D to the government. That's worked out so well in the past. Big government conservatives have suggested such a solution in the past.

67 posted on 02/11/2019 6:47:05 PM PST by Mase (Save me from the people who would save me from myself!)
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To: E. Pluribus Unum

I actually did read what you said. The problem with that thinking is that there is no way to control for non-medically trained people self-diagnosing and buying OTC drugs for what they *think* is wrong, rather than going to a doctor to get a real diagnosis and correct prescription. And, seeing the kind of stuff people do—the misdiagnosis and self-treatment with all kinds of weird stuff that is rampant these days—I have little confidence that every single person is going to run off to the doctor for a real diagnosis and then go to the pharmacy for a potent OTC drug based simply on what the doctor said. And many of these drugs can harm or kill if used inappropriately.


68 posted on 02/11/2019 6:50:55 PM PST by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org/)
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To: exDemMom

Again, you did not read what I said.

Let’s try the reading comprehension thing again.


69 posted on 02/11/2019 6:51:46 PM PST by E. Pluribus Unum (Capitalism produces EVERYTHING Socialists/Communists/Democratic-Socialists wish to "redistribute.")
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To: Mase
We could always turn over R&D to the government. That's worked out so well in the past. Big government conservatives have suggested such a solution in the past.

I work for the government, and we do R&D. We do not have the resources to develop a large number of drugs, or to conduct clinical trials to get FDA approval. We have to turn to the pharmaceutical industry if we want to get our drugs through the approval process. If we took profit away from the pharmaceutical industry expecting the government to take over, I'm afraid that drug discovery and development would slow to a near stand-still.

70 posted on 02/11/2019 6:54:31 PM PST by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org/)
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To: entropy12
That is not true. My mother never stepped inside a medical school, and raised all her children with prescription drugs which were available OTC circa before 1960 in India.

I do not wish to offend you, but the sale of drugs that should be dispensed by prescription in India has caused some huge problems. Some of the most notorious drug-resistant bacteria in the world come from India, precisely because of the practice of selling antibiotics over the counter.

71 posted on 02/11/2019 6:58:37 PM PST by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org/)
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To: Tolerance Sucks Rocks

The clock starts running when the patent is filed on a new drug, THEN testing and approval come next, and then there is a window of opportunity before a generic can be created. Maybe lengthen that time period for the drug companies to have exclusivity on their patent before a generic can be brought to market. Doesn’t cost anything and gives the drug company more time to recapture their costs.


72 posted on 02/11/2019 7:03:13 PM PST by waverna
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To: exDemMom

Why are you concerned about problems of those people who want to take the responsibility for themselves? WHO APPOINTED YOU THEIR MOTHER?

My mother raised 5 children, using prescription drugs available on OTC in India in 1940’s and 1950’. We all grew up strong and healthy, all finished college.

I am not asking anyone to buy meds made in India or China. You buy them from where you want them. Because I believe in freedom of choice. But if I want to buy them from Mexico, I do not need mother gov’t telling me I can’t do it.


73 posted on 02/11/2019 7:06:05 PM PST by entropy12 (One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
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To: exDemMom
From what I understand, the drug industry relies heavily on universities and government agencies for primary research. It's been, at least from what I know about it, a very good partnership for a long time. However, developing applications, managing the approval process, along with additional commercialization, couldn't happen in any meaningful way without private industry.

I don't like paying so much more than other (some wealthy) countries for pharmaceuticals, but I want to protect he pipeline for my future and especially the future of my children. If the drug industry didn't agree to many of the price controls they are coerced into, the intellectual property rights of those companies would gladly be voided and turned over to generics. It's a no win situation for the pharma industry and the golden goose will be butchered if conservatives allow price controls to happen.

74 posted on 02/11/2019 7:11:00 PM PST by Mase (Save me from the people who would save me from myself!)
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To: exDemMom

Some of the most notorious death rates BIGGER than auto accident death rates are coming from AMERICAN doctors prescribing OPIOIDS!


75 posted on 02/11/2019 7:12:34 PM PST by entropy12 (One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
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To: MrEdd

BWHAHahahahahahahahaha!

You actually believe that, don’t you?


76 posted on 02/11/2019 7:23:37 PM PST by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: entropy12
But if I want to buy them from Mexico, I do not need mother gov’t telling me I can’t do it.

And when you buy important heart medication from Mexico, and the tablets are filled with inositol, who you gonna complain to? Do you have any idea what percentage of reimported drugs are mislabeled and/or adulterated? But organized crime wouldn't be interested in setting up websites offering desperate Americans cheap but fake pharmaceuticals knowing only a small percentage of all imports would be validated as safe and efficacious, would they?

Nahhh, never happen.

77 posted on 02/11/2019 7:23:58 PM PST by Mase (Save me from the people who would save me from myself!)
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To: Kozy

China recalled a shipment of insecticide, a year or so ago.

It was contaminated with toys.


78 posted on 02/11/2019 7:24:50 PM PST by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: Buckeye McFrog

Declare them all public utilities.


79 posted on 02/11/2019 7:41:24 PM PST by Delta 21
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To: Kozy

remember China sent us toxic sheetrock several years back. No thanks on generic pills.
***********
China produces most of the ingredients that go into your favorite pills no matter where they are manufactured.


80 posted on 02/11/2019 7:45:20 PM PST by Neidermeyer (Show me a peaceful Muslim and I will show you a heretic to the Koran.)
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