Big Pharma has to be one of the biggest lobby with the most politicians in its pocket based on how they NEVER get any pricing slashed verses how EVERYONE else does (except of course the politicians’ and their benefits and salaries.
This will be interesting. A lot of drugs, especially antibiotics, are made and imported from China into the United States.
I assume the New York Times is rooting for Big Pharma.
Recently there was story about a some little girls in Wales who need access to a very expensive drug. I was intrigued and did a little research into the company and the pricing. A little digging found some quotes by some the big wheels at the firm. Their quotes boil down to this: "price doesn't matter because the consumer isn't paying it; the insurance companies are footing the bill."
Of course we all know this is socialist logic. Of course the consumer pays, one way or the other! Insurance companies don't print money.
There is no incentive for Big Pharma to keep prices down if they can buck prices to some nebulous unaccountable entity in the background. They bypass the free market by essentially eliminating the end user from free market negotiations.
Congress, the lobbyists, and Big Pharma have created a system of corporate socialism where every apparatchik gets a cut of the action.
Oddly enough, these are all of them symptoms of the metabolic syndrome, along with insulin resistance.
But what the medical establishment refuses to acknowledge is these aren't symptoms that are often found with insulin resistance, these are the symptoms of insulin resistance.
And the reason establishment refuses to acknowledge this is that while Big Pharma makes billions on drugs to treat these symptoms, they have no drug that treats the underlying cause.
And that is because the only treatment for insulin resistance is carbohydrate restriction. And nobody knows how to make money from that.
What we really need isn't less expensive drugs that treat symptoms able ignoring the cause, we need to get the medical establishment to admit the truth.
I’m no expert but I nevertheless believe that “Big Pharma” is the biggest bankroller of the “Never Trump” establishment ergo they are the Chairman of the Board of “The Deep State Incorporated”.
The President is Obama. Officers are G.H.W. Bush, George W. Bush, Jeb Bush, Rosenstein, Clapper, Brennan, Comey, Clintons, Ryan, McConnell, Corker, McCabe, McCain, Wray, Lindsey Graham, Kasich, Corporate Media Exec’s, Pelosi, Schiff, Schumer and I’m sure I’m missing dozens.
The stockholders are the Democratic Party.
The ENTIRE SYSTEM needs to change...if even possible.
The way it works now is that the drug companies spend billions to develop a new drug and get it to market. They get a patent on it, so EVERYONE in the world now knows the formulation. The other countries, starting with Canada and ending with Zaire, or whatever, simply say to our companies: “You sell it us at production cost (or near cost), or we’ll just make it locally”. The drug companies fold, and that’s why drugs are cheap in other countries, much cheaper.
...but they still have to recover their capital costs for the development. Where do they do that? One guess.
So, we can pull the plug on their pricing, and force them to charge closer to cost...but is that good?
I have mixed feelings, as it seems every wonder drug ends up getting people sick and/or killing them, even though all their claimed research says they’re safe, with Statins being my pet peeve. Virtually no adverse reactions for Statins, per the literature, but virtually everyone who uses them (me included) claims adverse reactions, with Cataracts and Diabetes now, finally, being disclosed as side effects.
But in the end, if the US pays ‘world prices’, we’ll be locked in to our present selection of drugs, for development will cease - unless we find another way to protect their product outside of the patent system (maybe secret patents?). This particularly worries me regarding antibiotics, as we’re almost out of options now, with the bugs being able to resist just about everything we hit them with.
Cut the term for drug patents to three years.
Best government money can buy. Voted for by the sheeple and paid for and owned by K street lobbyists and the minor neighbors.
It isn’t just stormy daniels that is a whore. The senate and house office buildings are full of them.
Maybe if the aides didn't meet with them they wouldn't be so powerful. On which side does the problem lie?
Well if they can spend that much on lobbying I guess they could pay more in taxes, say about 171 million should do it.
Wonder how much they spend on advertising?
One drug I take costs $400 /month if I buy it at Walmart. I order through Canada and get 3 months for $178. Why?