SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (100519)2/15/2005 7:18:00 AM
From: LindyBill  Read Replies (2) | Respond to of 793745
 
These are competitive companies. I fail to understand why they do not set a fair return on each drug sold into a country? Why doesn't mrk and pfe when trying to sell drugs to Canada set a limit on acceptable margins?

Because they are told by the countries that they will tell their own drug companies to violate the patents and produce the drugs generically if they don't cut price to them.

I think our drug companies are going to lose this USA battle and be forced to price control. When they are, you will see the new drugs reduced in number.

We are already using the FDA to keep new drugs off the market. It's a real shame.



To: John Carragher who wrote (100519)2/15/2005 1:40:04 PM
From: Joe Btfsplk  Read Replies (1) | Respond to of 793745
 
First, till recently, I bought most Rx's through Canada. The falling $, along with increases in Canadian pricing, have obliterated much of the advantage.

Meanwhile, I've been a guinea pig for a couple of research studies. The Dr. running the show is trying to expedite final results on one where the trial concluded about a year ago. Seems Lilly is fixing to about halve their research budget and compete more with generics. The Dr. is trying to get in under the wire with that particular trial.

We should not be in the business to subsidize other countries drug usage that hurt our elderly and poor with high drug prices here

Yup, but.....?