Old drug gets an absurd price hike to $89,000 Dollars per year [deflazacort]

a reply to: Phage

so what? how are you gonna sell snake oil with the internet around? how would you sell snake oil when we live in a world with laboratories. people can test drugs in their own god damn basement. come on. these are not things people living in the 21 century should be worrying about.

people are more equipped than ever to regulate markets themselves.

a reply to: AVoiceOfReason

people can test drugs in their own god damn basement.

People can conduct clinical trails in their basement? Really?
People can determine how a drug may affect a wide variety of people, in their basement? Really?

I guess you don't have much truck with science. That puts you on a par with ATS members but not so good on denying ignorance.

a reply to: Skywatcher2011

Did Martin Shkreli, friend to both Trump and Milo do this one too?

originally posted by: Skywatcher2011
a reply to: ExNihiloRed

And you wonder why Obama Care insurance premiums are set to skyrocket? Trump will need to land a smack down on these companies, and fast!

If he..er..I mean, his sons, have stock in them, I don;t see that happening. He does put a 'smack down' on particular things, you know.

a reply to: Phage

no i meant test as in figure out whats in the drugs. ya know, test kits. and no, clinical trials are how you market a drug. obviously drugs will undergo clinical trials. whose gonna buy a drug thats never been tested? which doctor is gonna give his or her patient a drug thats never been tested? who is gonna sell a drug that might kill someone, you really gonna go to jail for manslaughter for a quick buck that youll never make in the first place since no one is going to buy your untested drug? you could sell chalk in pill form. no one is gonna buy it. people obviously want drugs that work dont they? why would people buy drugs that dont work? is this clicking for you?

i guess you dont have much "truck?" with markets or even common sense for that matter. that puts you on par with university student who dont know alot about anything but they dont do alot of critical thinking in the first place so they are perfectly content with sculpting useless fallacious opinions based solely around a lack of knowledge.

thanks for insulting me. or trying. real mature.

just realized i jumped the gun and kinda went off topic. I shall unleash my fury upon you like the crashing of a thousand waves! Begone, vile man! Begone from me! I am untethered, and my rage knows no bounds!

a reply to: Skywatcher2011

This is actually a good post. I sent an email. [email protected]

a reply to: AVoiceOfReason

I am having difficulty following what you mean due to your odd writing style.

a reply to: reldra

right. ive drank alot of coffee and should have been asleep hours ago. basically free market good. FDA/ government bad. they block progress and over regulate the market. but in reality we are perfectly able to regulate the market.

in the instance of a drug you simply make the drug. you convince the market it works through clinical trials. and you price the drug to where people can afford it, otherwise you wont make any money. there doesn't need to be an FDA in the middle of that.

and this is really why drugs are so expensive. FDA blocks competition and the government guarantees the company making the drug payment. you can only price the drug if you know you will sell it. and if the government is paying for it with "free" healthcare then you will obviously sell it.

a reply to: Skywatcher2011

Well you can't be a capitalist and have Christian morality, you can't be a capitalist and a Christian, God or Mammon they serve one or the other and big corporations are inherently anti Christian.

Now I am using Christian as it is basis of the moral code of the western world, something most of the western world has shown a distinct inability to adhere to but the lesson is clear, Capitalism is the most immoral structure ONCE it grows unfettered and unregulated to this level and when it has a monopoly.

Were life saving treatment's are concerned and also several other area's only limited period patent' should be allowed, enough to allow a corporation to get them to market and to exploit them for there research and profit but not indefinite and then they should become free for other company's to produce for obvious reason's, those that believe in Capitalist to the exclusion of all other philosophy's can also not deny that this would drive competition (If there are enough company's and they are not in collusion as is often the case) and this competition then drive's price down by removing the monopoly.

Sadly that is not the way the world work's and the sick are just profit to these scum.

a reply to: LABTECH767

high drug prices arent caused by free markets. they are caused by governments. actually basically any misuse of power committed by corporations against people is a symptom of government.

dont try to guilt people by saying none sense like "you cant like capitalism and be Christian". you dont even understand capitalism. if anything you cant be a Christian and support socialism/communism since these systems were completely based around materialism and Darwinism. and their complete disregard for the free will and spirit of human beings is self evident.

a reply to: AVoiceOfReason

What absolute nonsense, government's do indeed often tax pharmaceuticals but before you come up with that one sonny learn some history would you please?.

I would suggest you research the link between monopoly's, high prices of good's and captive market's.
Then just as a side note that is relevant but not as much so research the link between big pharma and weapon's manufacturers including now obsolete brand's of weapon manufactures whom moved into pharma and simply adopted new name's or else bought controlling stakes in the industry in question.
When you have done some research please then come back with some fact's and figure's, I am not trying to convert you but your answer is rubbish and your claim that I an Englishman do not understand capitalism does not wash.

a reply to: LABTECH767

monopolies are clearly illegal. the government isnt protecting our rights. and they arent upholding the law. therein lies one problem. but what are we to expect when governments get as big as they have. i know quite a bit of history. i also understand how markets work and how government interacts with markets. and governments are the main cause of monopolies. they do this by forcing competition out of the market. competition is the equalizing force in a market.

what figures are you talking about? this isnt about figures. this is about policy and misuse of power.

youre the one that needs to do research.

and what does you being English have to do with anything? you people have crippled your own markets at every step through history.

if you care to actually reform your wrong opinion id start with thomas sowell. hes written some great books. with plenty of figures..

a reply to: Skywatcher2011

Thats my opinion,open the market up to generic manufacturers,screw big pharm,I keep away from them anyway

originally posted by: reldra
a reply to: Skywatcher2011

Did Martin Shkreli, friend to both Trump and Milo do this one too?

I don't know.
Was Heather Bresch, architect of the epipen price increase.... and contributor to Hillary Clinton involved too?

a reply to: reldra

Yes, it was.

And you're letting your unreasonable hate show.

Again.

Not everything has to do with Trump, but we'd never know by reading your posts.

originally posted by: Oldtimer2
a reply to: Skywatcher2011

Thats my opinion,open the market up to generic manufacturers,screw big pharm,I keep away from them anyway

I would certainly buy the knock off version any day...same chemistry, just one has a fancy name

a reply to: Skywatcher2011

This guy is a greedy POS. Enough said.

a reply to: Skywatcher2011

This is ridicules price increase.

People are going to die or have there life cut short because of this cost hike.

There should be rules in place to stop these pharmaceutical companies profiting in such a manner.

originally posted by: Skywatcher2011
Okay, so we know that Big Pharma is all about making money off drugs. Period. But this? Check it.

Old drug gets an absurd price hike to $89,000 per year

Unfortunately, that's a result of Obamacare.

Only an insurance company can pay that kind of money.

So, when everybody is "forced" to have insurance, then the price of medical care can skyrocket.

The pharama cos aren't taking this directly out of the individual's pockets, they are robbing the insurance cos, so they don't feel guilty.

a reply to: andy06shake

That's the kicker! There are and have been rules (laws) in place for well over a hundred years.

USC 15, Chapter 1. And similar laws in all 50 states having to do with monopolistic, restraint of trade, price fixing and collusion.

The entire medical industry is covered by these laws although they'd have you believe otherwise.

Drug companies attempted to claim immunity but we're shot down by Supreme Court in 1979, but you'd never know it by their actions.

That no federal or state prosecutors will act on long existing law speaks well to the money involved and ongoing rape of healthcare consumer.

If the EXISTING law were applied across the board with civil and criminal penalties the US would experience a short sharp economic recession.

The medical industry went from longstanding 5% of GDP to 20% of GDP and if not now will soon be just as banks and wall street, to big to fail.

Obama, champion of the people kowtowed to the industry and Trump whom I support for other reasons most likely will not fix the root problem due recession possibility and business interests.

Under current status medical will overtake ENTIRE US budget in approximately 4 years, with Trump tweaking it may go out to six years.

If rule of law were followed on otherhand everyone except the destitute could afford routine care out of pocket with no insurance middleman involved. Catastrophic polices would be the norm and far cheaper.

Under those conditions the taxpayers could well afford to cover pre-existing and indignant patients no questions asked.

I am not confident any politician will cure root cause and am preparing for the economic crash that will result from not upholding the law.