Posted on 01/14/2018 9:55:41 AM PST by Kaslin
Bookmarking this. A friend of mine and I argue about this sort of thing all the time.
IIRC you have ten years from the time the drug comes to market before it goes into the generic category.
Or are we using the Disney rule?
Allow for the REIMPORTATION of pharmaceuticals and medical devices back into the US at current world prices.....US prices collapse anywhere from 50-80%. This was one of Trump’s campaign healthcare planks, #7 I believe. Too bad those healthcare campaign policies have disappeared......
I see that they’re taking notes from Pharma-Bro Shkreli.
Big pharma and the FDA doings.
>>the drug market is not a free market.
Cash-Cattle for the techno-kleptocrats feeding from the “market”.
Soon the inmates running the asylum will realize their Transhumanist augmented wet-dreams — sans any moral constraint at all.
Too bad the cube-slaves riding the Utopian Collective-corporate Enterprise don’t have a 1st amendment responsibility to point out the bridge is crewed by crazy people.
It’s amazing what people will do when they’re not in fear for their lives.
This is why we passed trust busting policies.
This type of egregious and vicious behavior should be punished.
And it is NOT Conservative to support it.
True conservatism takes into account human greed and cruelty and establishment of REASONABLE LAWS AND REGULATIONS to prevent it!
Psychopathy is a personality disorder characterized by a lack of empathy and remorse, shallow affect, glibness, manipulation and callousness.
Now that NextSource has put up a big price umbrella, any other drug maker should be able to get under it and make big profits selling a generic version at even a third of NextSource's price. The article gives no explanation as to why a generic version is not produced.
Obviously, these drugs are worth only what one is willing to pay for it.
If you’ve got one foot on a banana peel and the other in a grave, then they’re worth the world to you if they are what’s keeping you out of that grave.
The real question is when do the prices on drugs become usury?
There are laws banning loan-sharking and usurious interest rates. Should we be putting limits on usurious drug prices? $475k/yr for a Kymriah treatment for certain types of blood cancers, Yescarta costs $373,000. The brain tumor treatment called Alecensa is priced at nearly $160,000 a year.
This certainly feels like loan-shark type prices.
The question becomes what are the manufacturing costs, shelf life, and volume(s). I would think a 100% markup is probably enough, most medical device makers charge 350% markups.
The powers that be want no cure for cancer. Too much money to be made by keeping people sick and medicated and to kill them slowly
I agree. You mentioned “devices”. I use a CPAP. The supplies for this thing are just out of this world. I’m talking hundreds of dollars for something that should be 10 or 20 bucks, such as a nose cup and strap assembly. Another example is an air filter the size of a thumb nail made of felt for $20.
.
Better way: Take “English Ivy Extract” tablets from “nature’s Way” and learn to sleep on your side.
.
They haven’t disappeared, they are at the mercy of congress, the same ones from last weeks Trump David Accords. Like Arafat, when the Israelis called his bluff he walked out-one must want a deal to make one.
The DNC and GOPe do not want nor care about America, American Sovereignty, nor Liberty and Justice for all Americans. They have theirs, they believe they are the illuminati of the world. They are delusional in their lust for power. As hard as it may seem, the Christian world must begin to pray as never before. Even so, Lord Jesus Come. Amen
One hundred fifty years ago people may have dreamed about drugs that could cure cancer. They didn't even have drugs that could cure an infected toenail.
If Americans really want to show those evil drug companies who's boss, they will simply refuse to buy any drugs developed in the US. Russia, China, India, and maybe Venezuela will step in and pick up the slack.
The drug I take costs my insurance company $300 per day. It's the only drug approved by the FDA for my condition which only occurs with 5000 people per year nationwide. If it wasn't for the fact that this drug cures many other types of disease, I probably couldn't get it at any price.
Apparently anybody is free to start their own company, begin manufacturing the very expensive drug mentioned in the article, and make a fortune. What a great country.
Medical Industrial Complex. Too bad Ike didn’t warn us about that.
That is the the problem, they are NOT free to do so.
One company owns the patent. They are the only ones who can make it.
Why a 40 year old drug is under patent is a good question.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.