Absolutely no excuse. Those goons on the podium know how to spend billions too. Birds of a feather.
I just read an article about him in Vanity Fair.
He’s very smart.but nuts IMHO.
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He looks disassociated and ridiculous. I’m sure he thinking he’s looking cool and nonchallant.
Slug that his is, laughing at those worthless asshats earns him a few redemption points in my book.
This is a slippery slope. The cost to bring a drug to market is extremely expensive, primarily due to the restrictions placed on drug testing by Federal regulatory agencies. When the patent expires, generic producers move in. The statement that expensive drugs have a generic equivalent coming to the market before less expensive drugs is probably true.
The solution? I don’t know. You need high prices for new drugs to keep the R&D going. However, in a situation like this where a third party buys the company or its patent and jacks the price up by 5000%, I’d think the Sherman Antitrust Act might be used to alter monopolistic pricing practices. The reason being that the original producer of the drug had priced it to recoup the R&D expenses, so those are covered. The new price is predatory and would not prevail in a competitive market.
Nuthin’ but a Balkans scamster running a game on the roobs.
There’s a reason that part of the world is a thug show.
Sticker boy!
I saw it. The whole thing was a political stunt and a kangaroo court designed get attention for grandstanding politicians.
If the man is being charged with crimes, let him have his day in court and let a trial by jury decide.
This guy should be Trump’s VP. He can stand up to Congress!!
At the hearing, Rep. Elijah Cummings (D-Maryland) opened by saying, “It’s not funny — people are dying” because drug companies “jacked up” prices.
And Cummings has no responsibility for causing drug prices to rise. How about unreasonable regulations and Medicaid forcing pharmacies ( & drug companies) to accept less than what the drugs cost. Some of the Medicaid (WELFARE) recipients aren’t even willing to pay the 50 cents co-pay they are supposed to pay. They want if for FREE!
While Congress is laughable, this guy is a self-glorifying sociopath with a whale-sized ego.
He probably just earned nomination as Clinton’s Sec of HHS.
The idiots in Congress need to change the absurd IP laws. Problem instantly solved. But they would rather grandstand in defense of the poor and dying and threaten communist price controls which would create real shortages.