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Politics : Formerly About Advanced Micro Devices

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To: pgerassi who wrote (131013)	1/29/2001 7:31:21 PM
From: TimF	Read Replies (1) of 1571929

Using my method, they can set any price they want on a drug. All that I am restricting them from is charging us a higher price than anywhere else at that time. Pete, I assume you mean the wholesale price of the drug (retail prices depending to much on the retail outlet for the drug). Such a law would require an unusually rigid pricing scheme to make sure that the drug was never available cheaper somewhere else even for a short time as price fluctuated. What about foreign government subsidies? What about drugs sold in the US that are produced elsewhere perhaps by a non American company. If the company doesn't directly sell in the US but instead allows another company to produce the drug under license, or sells the drug to a distributor would you compare the prices to the direct sales in another country? What about exchange rate fluctuations. It would seem to me the only way to insure that the US price is never above foreign prices would be to make it much cheaper in the US. That might keep some drugs off the market in the US. Tim

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