Show me on this doll where the rich person touched you.
If you object to the way this worked out then you fix the system, not the guy who learned how to use it legally to his advantage. The purpose of business is to make money. Without that there's no incentive to invest billions into developing a new drug that might never work or get approved.
The problem with all you 20/20 hindsight whiners is that you're long on complaints and completely lacking in practical ideas. Rather than kvetching about what happened, use your infinite wisdom and come up with a solution. How do you convince companies to go down the long, winding and incredibly expensive, risk-filled road from idea to development to approval without the pot of gold at the end of the rainbow?
I'd install solar and give the power company the finger.Let's say a power utility jacked up prices 50 fold. The same crew of apologists would be saying, what are you complaining about, just build your own power plant if you think it's so easy. Health care should be treated as a public utility, and regulated just as tightly.
I'd install solar and give the power company the finger.
Health care is already tightly regulated and it's the cause of this very problem. There's no law against jacking up prices of drugs but there are laws against bringing in generics from other countries willy-nilly, and rightly so.
Solution: Don't let companies that haven't produced pharmaceuticals and haven't researched pharmaceuticals purchase a pharmaceutical that has been around for over half a century and raise the price 5,000%.
Better solution: Allow the importation of drugs like we do with everything else. Capitalism would truly take over then.
you're right they won't because something always has to be in the pipeline, and if there is nothing the companies will do whatever they can to maximize profits to either fund research or acquire another company with something early stage that looks promising. Without government involvement new and orphan drugs will always be expensive, and if the government does intervene then we will see an even further decline in R&D leading to less breakthrough medicines, as it is much of the early stage work is either being done by small companies just hoping to get bought out, or has already been outsourced with chemists in India and China churning out hundreds of compounds a day and only smaller teams here review them for efficacy and move them forward.
1) Okay, break down their doors and serve them a cease and desist order. Then nobody makes it and there's none on the market. Good solution.
2) That is better. Just develop the testing infrastructure to support it and you might be onto something. Does that get Daraprim on the market for a lower price today?
This is a market problem. The system is broken and smart businessmen will find ways to make money on opportunities like that. The sane and rational person sees this as a sign that something needs to be done to prevent such a thing from happening again. Only a child would view this as a case of "business bad, profit bad, legally playing by the rules bad". Hate the game, not the player.
It's a damned if you do, damned if you don't situation. The same people whining about this problem would whine just a loud when some crappy generics from China or India started killing people. And if we allowed non-FDA approved foreign generics you can be sure that would happen.There is nothing right about allowing companies to jack up prices 50 fold for generic drugs and then barring patients from protecting themselves against this legalized racket by importing from overseas. Not unless your moral compass is completely warped by corporatist propaganda.
It's a damned if you do, damned if you don't situation. The same people whining about this problem would whine just a loud when some crappy generics from China or India started killing people. And if we allowed non-FDA approved foreign generics you can be sure that would happen.
Right. Allowing unregulated Chinese generics would be a brilliant move.
1) Okay, break down their doors and serve them a cease and desist order. Then nobody makes it and there's none on the market. Good solution.
It's a damned if you do, damned if you don't situation. The same people whining about this problem would whine just a loud when some crappy generics from China or India started killing people. And if we allowed non-FDA approved foreign generics you can be sure that would happen.
Sure, I had this crazy thing called a typo. I know. Crazy right?
Hey - next time you come around though, make sure to put on your siren.
https://youtu.be/Dit5s3Lntus?t=58s
Don't forget to do your SJW pledge song too!
https://www.youtube.com/watch?v=WDKYhkyL58Q
It's not OUR abilities I have less faith in, it's those of the Chinese. There's already a process in place for approval of generic imports so foreign companies are welcome to use that process.The drug is already FDA approved. It's absurdly easier to test a pill for it's contents than it is to actually get a new drug FDA approved. Hell you can buy illegal drugs off the streets and for a hundred dollars or two send it to dancesafe and they will post all of the active ingredients and the amounts present for the world to see. If I can personally get a pill pressed in some guys fucking basement tested at reasonable cost to MYSELF then I gotta assume we, the supposedly greatest nation the earth has ever seen, could easily figure out a method to test foreign drugs for safety. That's just me though, perhaps you have less faith in our abilities.
The drug is already FDA approved. It's absurdly easier to test a pill for it's contents than it is to actually get a new drug FDA approved. Hell you can buy illegal drugs off the streets and for a hundred dollars or two send it to dancesafe and they will post all of the active ingredients and the amounts present for the world to see. If I can personally get a pill pressed in some guys fucking basement tested at reasonable cost to MYSELF then I gotta assume we, the supposedly greatest nation the earth has ever seen, could easily figure out a method to test foreign drugs for safety. That's just me though, perhaps you have less faith in our abilities.
it is terrible for people who need the medication
but admit it - if you could legally monopolize a market to make insane amounts of money, wouldn't you do it?
Not really. Medical research should be done at the Annapolis Army Medical research city, offering lifetime support for all inhabitants based on qualifying exams. There, the citizens of the city would be supported by government military pay scale in return for lifetime service to the nation performing research into treating and curing diseases. Drugs could be sold at cost plus a small fee, manufactured in the US and sold world wide. A small fee could be used to cover hardship costs. For profit healing is a disease that needs to be cured. Money is of no importance to people who have the basics and are financially secure into the future. This system would attract people dedicated to healing.
What word were you trying to type instead?
http://www.nejm.org/doi/full/10.1056/NEJMp1408376?viewType=Print&viewClass=Print&
My understanding is basically it's an off patent generic drug, but that company for the time being has cornered the market on manufacturing it, simply because no foreign manufacturer has bothered getting US FDA approval up till now. By the time one does, at $50K per treatment, this scumbag, with cheers of useful idiots on this forum, would have ripped off enough patients to make back his purchase price. Unless people are smart and just import the foreign generic themselves.
There is nothing right about allowing companies to jack up prices 50 fold for generic drugs and then barring patients from protecting themselves against this legalized racket by importing from overseas. Not unless your moral compass is completely warped by corporatist propaganda.
I'd install solar and give the power company the finger.
Health care is already tightly regulated and it's the cause of this very problem. There's no law against jacking up prices of drugs but there are laws against bringing in generics from other countries willy-nilly, and rightly so.