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The simple reality is that taxpayers fund a good deal of pharmaceutical R&D And how much of the very most expensive clinical trials, and applications to the FD
by hga 10y ago
The simple reality is that taxpayers fund a good deal of pharmaceutical R&D
And how much of the very most expensive clinical trials, and applications to the FDA? Not to mention marketing, so busy doctors actually know of their existence?
Upfront drug discovery is very easy compared to that, as well illustrated by this XKCD cartoon: https://xkcd.com/1217/ https://xkcd.com/1217/
drug prices have little to no relationship to their actual cost
Which is Marketing 101. And also demonstrably not true for the particularly expensive ones to produce (I'm thinking in particular of the HIV antiviral with 3 chiral centers).
And while Mylan has certainly been raping a population that depends on Epi-Pens for their lives (including my 2nd oldest nephew ... and speaking of family, it's good to be the daughter of a US Senator), anything liquid is inherently more expensive for a whole bunch of reasons.
And as far as I can tell, there are exactly 4 different ED drugs approved by the FDA in 5 formulations, and what's with the misandry?
and these companies do a very good job of exploiting loopholes to pay as little tax back into the system as possible.
Which is endorsed by no less of a moral authority than the US Supreme Court, and makes them no different that any other well run industry.
- EliRivers 10y ago"And while Mylan has certainly been raping a population that depends on Epi-Pens for their lives ... anything liquid is inherently more expensive for a whole bunch of reasons." It certainly is true that the cost of liquids did go up a lot recently, so what you say does make sense. I apologise for that; that was passive aggressive bullshit mixed with sarcasm, and I shouldn't do it. What I meant to say was that liquids being expensive for "a whole bunch of reasons" is completely irrelevant to recent price rises.
- hga 10y agoApology accepted. I'd add that "and sterile and pure enough for IM injection or IV administration" drives the costs up even higher. I use a couple of nasal sprays to keep sinus infections at bay, and they're expensive enough without also having to be that sterile. There's in fact been a now fairly long running crisis in such drugs, most are generic so companies don't get very much for them, but that doesn't make the proper manufacturing any cheaper. Look at this current list: http://www.accessdata.fda.gov/scripts/drugshortages/default.cfm http://www.accessdata.fda.gov/scripts/drugshortages/default....
- EliRivers 10y agoYou've wandered way off-topic now and said nothing to address anyone's counter-points, so the usefulness of your contributions is at an end. Are you aware that you deliver a monologue that has nothing to do with what people say in response, and that you aren't addressing the issues raised at all? That you just continue spouting repeats of what you already said. I genuinely suspect you're not. I'm just a line of text on the internet and have nothing to gain from telling you this, so why not consider it before dismissing it out of hand.
- hga 10y agoso why not consider it before dismissing it out of hand The multiple upvotes I've received for these postings suggest that, yes, I could well be justified dismissing your latest comment out of hand. And I probably ought to withdraw my apology acceptance, unless someone else has taken over your account for the moment.