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To: McGruff

Recent pharmaceutical industry actions are going to add impetus to price controls. $84,000 for a drug treatment that costs a few hundred to make...and the company didn’t create it.

They are going to kill the golden goose.


15 posted on 02/10/2016 4:54:39 AM PST by rstrahan
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To: rstrahan

“Recent pharmaceutical industry actions are going to add impetus to price controls. $84,000 for a drug treatment that costs a few hundred to make...and the company didn’t create it.

They are going to kill the golden goose.”

My opinion also. It’s bad enough when “wonder drugs” that didn’t exist 10 years ago cost more than most people make in a year (and STILL don’t cure crap, BTW), but when drugs that have been around for 30 years and are simply chemicals made in big vats (not made from recombinant DNA or unicorn hooves) prices go from $30 a month to $1000/month, something is very, very wrong and if the manufacturers don’t “fix” it, government will - with a sledgehammer.

The only ~100,000 dollar drug that I’ve ever heard of that is actually worth what it costs is the drug that cures (really cures) hepatitis C - cheaper and better than a liver transplant if taken early. It doesn’t always work - so if it came with a money-back guarantee, I’d call that a fair deal.


23 posted on 02/10/2016 5:11:22 AM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day".)
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