Posted on 12/01/2019 3:37:11 AM PST by Kaslin
A vile of insulin? I cant help it, Im an author.
“The Dealer” is the K St lobbying industry
The Senators and Congressman should be required to maintain financial transparency and a meeting schedule available on-line to their constituents in their districts while holding elective office and for the equivalent of two terms after. Pay them well for their time on office doing their “public service”
Make illegal campaign finance contributions from outside their state or district.
There will be no need for “term-limits”
He is up against more Republican pet projects than just Big Pharma.
This is exactly why I do not trust the Senate. Sad, but I certainly do not trust them to hold an impeachment trial. They are owned on so many levels.
If gov’t can make or break your company, then you have every right to lobby them.
The author is also an ass. A patent is not granting a monopoly....it is granting competitive protection in return for developing an innovative product.
If the author knew anything about patent protection, he would know that you file the patent when you formulate the drug. It takes an average of 10 years before that drug is tested and approved by our loving and competent FDA, leaving 7 years to recover your sunk costs.
Oh, if the formulation fails to be approved, which happens more often than being approved, you still need to recover those costs. So the approved drug needs to recover its own costs, plus those of all the failed drugs.
Maybe some will understand why the prices are high during the patent protected period.
Take that patent protection away and new treatments and cures will never happen. Our medical progress will stagnate.
Then, these same morons will attack the industry for not developing new breakthroughs and that it is time to nationalize them under the caring and efficient management of the federal government.
Not one mention of liability reform, which is one of the biggest contributors to rising medical costs and something Democrats do not care about because they are owned by the lawyer lobby.
Democrats took plenty of money from health insurance and pharmaceuticals as they wrote Obamacare....that is why costs skyrocketed. But Republicans could not repeal Obamacare for fear of giving Trump a win and giving the Democrats something to fear-monger over.
Same here, common sense justice and due process does not apply at all. The judge, the prosecution, the defense, and the jury are being bought and paid for. They are all open to the highest bidder.
A vial of insulin starts at about $47.00 in the U.S...Canada is apparently overcharging!
So much focus on drug prices. Have any of these people seen the cost of hospital services lately?
Maybe some will understand why the prices are high during the patent protected period.
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Insulin, as mentioned in the story, is not a new invention. Why the extreme price differential?
Exactly...and those are being driven up by gov't regulations primarily and liability secondarily.
Get gov't out of medicine and health insurance and watch competition drop prices for everyone!
Trump is working on that, too, with the requirement that hospital fee schedules be published. This transparency will eventually result in lower prices.
I have no doubt that they will impeach and remove if they think they have the numbers. I don’t trust McConnell.
“A vile of insulin? I cant help it, Im an author.”
For most Type 2’s that go Keto, the cost of a vile of insulin is ZERO, since they no longer need insulin. For about half of Type 2’s that go on Keto, the cost for ALL drugs is also ZERO, as they no longer need any.
For most doctors/nutritionists, they don’t want diabetics to know the above (for many reasons).
Its remarkable that a so-called conservative who couldnt develop a life-saving drug if you gave him 50 years and and unlimited budget to get the job done will sit there and pontificate about how much a drug developed by someone else should cost.
You read the same nonsense from a lot of people right here on FR who claim to be conservative.
Erik Latranyi ~ Exactly...and those are being driven up by gov't regulations primarily and liability secondarily.
Been in an Emergency Room lately? Packed solid with invaders who "can't pay" getting "free" medical care for mostly trivial issues.
People who "can pay" get charged double or triple what their services would normally cost to cover the "free" services to illegal aliens.
Actually a patent is a temporary legal monopoly. As a society we trade a temporary monopoly as a reward for and encouragement of, as you phrased it 'developing an innovative product.'
Protecting the innovation for 20 years from filing date provides a real economic incentive to do all the work needed to get a product to market. Protecting IP is a key driver of the ingenuity engine that drives our (and the world's!) economy.
(s) nully, who has several patents...
Exactly, read post 6.
We need to enforce our patents world wide.
This is why the difference in prices.
The rest of the world is getting a free ride on our research and development.
If they paid a little more, their "fair share", we would pay less.
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