That simply makes me laugh. I hope whichever province puts up to this idiot charges him through the hilt when he goes in.
He’s not an idiot. He’s just an asshole. He simply doesn’t give two fucks while big pharma lines his pockets. Oh, I’m sorry. They just make very generous campaign donations.
It seems to me, the pharma industry should be in favor of Obamacare though. I mean, more people having health insurance means more people seeing doctors and getting prescriptions for the latest magic pill, and then being able to actually buy them. Wherever the money comes from, isn't the important part in their books that it gets filled in under "Accounts recievable?"
Are you kidding? If we had a universal healthcare system in place, we'd have the ability to force big pharma into charging a reasonable price instead of wildly overcharging - something that has been gleefully admitted to. In fact, the one guy that got called out onto the carpet by the Senate during Obama's term said that the only thing he regretted was not charging even more!
"Oh, so you wanna charge how much? Okay, we'll just go with this generic provider instead. Oh? What's that? Copyright you say? Sorry, Imminent Domain, bitch."
Yes, it's something that people have actually been giving thought to.
http://www.ipprospective.com/copyright-c...mbination/
That just means the generic providers should be the ones getting behind the idea and shoving, to get that share of the pie. Perhaps I'm simply assuming too much enlightenment in the enlightened self-interest...
Shareholders want to keep seeing their 8-10% quarterly growth no matter what, and they really don’t care if they kill their goose because they figure there is always another one laying around.
God, I hate the current finance culture.
BA nailed it. Over here we have a much larger range of medications that are subsidized by the government, and there are laws and provisions in place to allow the production and sale of generic variants. This is why my medications cost me about $30 a month as opposed to several hundred at least. American Big Pharma is amazingly blatant about wanting All The Money, as opposed to some of the money and actual souls.
(01-22-2019, 05:05 AM)classicdrogn Wrote: [ -> ]That just means the generic providers should be the ones getting behind the idea and shoving, to get that share of the pie. Perhaps I'm simply assuming too much enlightenment in the enlightened self-interest...
I've been lead to believe that, much like dollar stores / 100-yen shops, generic drug manufacturers operate on margins too thin to have cash to throw at lobbyists.
(01-22-2019, 11:09 AM)robkelk Wrote: [ -> ] (01-22-2019, 05:05 AM)classicdrogn Wrote: [ -> ]That just means the generic providers should be the ones getting behind the idea and shoving, to get that share of the pie. Perhaps I'm simply assuming too much enlightenment in the enlightened self-interest...
I've been lead to believe that, much like dollar stores / 100-yen shops, generic drug manufacturers operate on margins too thin to have cash to throw at lobbyists.
Looking at the Wikipedia article on Generics, companies that make them do that and nothing else. Which means that their only operating costs are that of just making the meds. They have no R&D to support.
https://en.wikipedia.org/wiki/Generic_drug