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What good is a miracle if the only people who can afford it don't need it because they can afford to maintain their health?
by Kye 2y ago
What good is a miracle if the only people who can afford it don't need it because they can afford to maintain their health?
- pg_bot 2y agoWould you rather live in the world where we don't have a solution or the world where the solution is expensive now but will eventually become cheap?
- passwordoops 2y agoUnder our current system, the trend is for drug prices to increase https://www.aarp.org/politics-society/advocacy/info-2024/rx-drug-price-watch.html https://www.aarp.org/politics-society/advocacy/info-2024/rx-...
- doctorpangloss 2y agoThis doesn't really say what you think it says. In fact there is a great deal of uncertainty regarding future drug prices, and it is one of many factors rattling biotech investment.
- passwordoops 2y agoIt seems I didn't say what you think I said. And we're talking pharma inflating prices to increase dividend/buybacks/exec compensation rather than investing in R&D. Different ball of wax from biotech startups looking for investment
- pg_bot 2y agohttps://pubmed.ncbi.nlm.nih.gov/34904207/ https://pubmed.ncbi.nlm.nih.gov/34904207/ https://www.statista.com/statistics/825214/atorvastatin-out-of-pocket-cost/ https://www.statista.com/statistics/825214/atorvastatin-out-... https://www.statista.com/statistics/825187/lininopril-out-of-pocket-costs-us/ https://www.statista.com/statistics/825187/lininopril-out-of... https://www.statista.com/statistics/825259/albuterol-out-of-pocket-cost-us/ https://www.statista.com/statistics/825259/albuterol-out-of-... https://www.statista.com/statistics/825193/levothyroxine-out-of-pocket-cost-us/ https://www.statista.com/statistics/825193/levothyroxine-out... https://www.statista.com/statistics/825244/amlodipine-besylate-out-of-pocket-cost/ https://www.statista.com/statistics/825244/amlodipine-besyla... https://www.statista.com/statistics/822626/gabapentin-out-of-pocket-price/ https://www.statista.com/statistics/822626/gabapentin-out-of... https://www.statista.com/statistics/825200/metformin-hydrochloride-out-of-pocket-cost-us/ https://www.statista.com/statistics/825200/metformin-hydroch... https://www.statista.com/statistics/825281/losartan-potassium-out-of-pocket-cost/ https://www.statista.com/statistics/825281/losartan-potassiu... These are some of the most prescribed drugs in America, the trend is quite clear. Every drug except albuterol and levothyroxine has decreased dramatically in price. Levothyroxine's patent expired this year so there will be some time before prices go down. Albuterol is expensive because the inhaler had to change the propellant to remove CFCs and there is a new patent on the hydrofluoroalkanes (HFAs) that has yet to expire.
- BurningFrog 2y agoThat would be an odd epidemiological profile... Even at worst, when the patents expire after 17 years the miracle becomes affordable for all.
- LorenPechtel 2y agoIf you can buy it. My mother had chronic nutritional issues because of rationing stuff to those who needed it the most. Cheap generic, just without enough production capacity because the price was forced too low.