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So firstly, "It is on the World Health Organization's List of Essential Medicines, the most important medications needed in a basic health system" [1]. Its obv
by kevindeasis 11y ago
So firstly, "It is on the World Health Organization's List of Essential Medicines, the most important medications needed in a basic health system" [1].
Its obvious that this a great economic move in the short run.
What are the things that we can do so that companies aren't motivated by this type of business model? What are the long term actions people can do so that there are long term consequences for companies that do these types of price jacking?
[1] http://apps.who.int/iris/bitstream/10665/93142/1/EML_18_eng.pdf?ua=1 http://apps.who.int/iris/bitstream/10665/93142/1/EML_18_eng....
- cheald 11y agoIt's not obvious, because inclusion on the Essential Medicines list means due to the TRIPS agreement, manufacturers can ignore patent restrictions on it entirely. The ACA makes it possible for insurance to refuse to cover Turing's drug; this gambit isn't going to work. Turing is going to get absolutely destroyed by secondary manufacturers and imports here.