4 ms·
>A lot of people on here are complaining about big pharma, but my generics cost like 2-3 bucks a month. I don't think GSK and Pfzier are exactly making bank off
by gph 10y ago
>A lot of people on here are complaining about big pharma, but my generics cost like 2-3 bucks a month. I don't think GSK and Pfzier are exactly making bank off my mental conditions...
Not that I disagree with most of your post, but this statement is a bit disingenuous. The fact that there are cheap generics is because Big Pharma already made their money pushing those drugs for 20 years. They might not at this point have a huge profit motive to push these drugs, but the damage is already done. SSRIs are now the standard treatment, and Big Pharma is one of the main reasons that's the case. Given the questionable efficacy of SSRIs, I think it's only right to question the role of Big Pharma in setting our standard practices in medicine/psychiatry.
- iamatworknow 10y agoAnd "small pharma" (or whoever is making the generics) is still making more money than the $2-3 per month because it's subsidized by insurance. I'm on a generic prescription now that with insurance is $5/month, and without was $1400/month. Even if the pharma company accepts less than $1400 through insurance negotiation, I find it difficult to believe that my insurance company haggles well enough to knock the price down to just $5. The profit that even a generic pharmaceutical company makes comes from somewhere.
- nylonstrung 10y agoAntidepressants are a 15B market globally. That definitely seems like "making bank" to me, specifically considering it is a pretty consolidated space where that value is being shared by a relatively small number of players. They certainly are not selling them for charitable reasons.