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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (489208)6/19/2009 3:49:49 PM
From: i-node  Read Replies (1) | Respond to of 1571808
 
So Big Pharma should just be forced to sell their meds at cost, like generics?

Something they really don't get is that these new, expensive drugs today become generics in 15 years. So, while it is possible that not everyone can afford expensive drugs today, they are dirt cheap 15 years from now.

Take Prozac, for example -- one of the great lifesaving drugs ever invented. Back in the 80s, it was $2/day for some dosages, which was a lot of money back then. A lot of people probably couldn't afford it. But today it is a great dirt-cheap anti-depressant for those who cannot afford the newer, expensive drugs of today (in fact, we give it to our dog to keep him from getting pissed).

If they pass this massive reform and take the profits out of drug manufacturing, I sincerely hope there will be an instantaneous drying up of new drug manufacturer research projects.

This way, they'll instantly recognized they've killed the goose that lays golden eggs and perhaps be able to undo the damage before we get too far into it.

I know Obama won't give up, but I think there is a chance this legislation is going to be DOA, or at least sufficiently watered down that it doesn't do any real damage. I guess that's all anyone can hope for.



To: Tenchusatsu who wrote (489208)6/19/2009 3:59:38 PM
From: bentway  Read Replies (2) | Respond to of 1571808
 
"So Big Pharma should just be forced to sell their meds at cost, like generics?"

Why should we pay more than Canada for drugs developed HERE? Do you think Big Pharma sells Canada drugs AT COST? I don't.