lol, look at this: Daraprim Prices and Daraprim Coupons - GoodRx
More here: https://news.vice.com/article/pharma...rce=vicenewsfb
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lol, look at this: Daraprim Prices and Daraprim Coupons - GoodRx
More here: https://news.vice.com/article/pharma...rce=vicenewsfb
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Senior Member
this is why I hate pharmaceutical company's pretty much all of them charge way more than they should just because they can especially with cancer drugs
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Free market.
Knowledgeable Member
It's a mixed bag of nuts. Some of the big pharmacies are in bed with the FDA and making millions while most of the smaller ones have to pay hefty fees to the FDA to even apply and have to spend millions to the FDA for testing and years so they do have to mark up the cost to re-coop expenses and just about the time they break even other companies are allowed to jump in and make generics.
Yes another government run system that is created to cost everyone more and keep the mega rich richer. It was originally created to protect us, the consumer but has morphed into just another bureaucratic system to make money. I dont mean to make a profit, I mean to make billions.
Yes and no. It's not such a free market when it's something you need and have no alternative because your life depends on it.Originally Posted by Hoggage_54
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It's a mixed bag of nuts. Some of the big pharmacies are in bed with the FDA and making millions while most of the smaller ones have to pay hefty fees to the FDA to even apply and have to spend millions to the FDA for testing and years so they do have to mark up the cost to re-coop expenses and just about the time they break even other companies are allowed to jump in and make generics.
Yes another government run system that is created to cost everyone more and keep the mega rich richer. It was originally created to protect us, the consumer but has morphed into just another bureaucratic system to make money. I dont mean to make a profit, I mean to make billions.
Yes and no. It's not such a free market when it's something you need and have no alternative because your life depends on it.
Exactly. They've gone way beyond profit and are commiting piracy/bordering on extortion, IMO. People needing this medication have enough issues facing them as it is.
Last edited by almostgone; 09-22-2015 at 01:52 AM.
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Martin Shkreli, the founder and chief executive of Turing, said that the drug is so rarely used that the impact on the health system would be minuscule and that Turing would use the money it earns to develop better treatments for toxoplasmosis, with fewer side effects.
Anabolic Member
Pharmaceutical market cannot be free, if you remove the patent protections to make it free no company would invest so no research on new drugs. If you make it "free" without removing patent protection you will create monopolys on drugs needed to save lifes.
So, it needs price regulations IMO.
Its something that I dont agree, but it beats the alternative. When one is faced with paying 90,000$ for a hep C drug that will save his life, things tend to get out of hand.
Knowledgeable Member
They only problem is how many times have you heard the government CLAIM they will regulate prices but some how they always go up??? Just like they did with milk, corn, wheat, housing/rent in the past but yet they do the same thing over and over expecting different outcome. no not really, THEY expect the same outcome. They just know most of the public is to stupid to remember what they did 10 or 15 years ago and they are right.
Senior Member
hopefully other pharma company's will step in and start making the drug because it is generic from my understanding the only reason they don't is because it wasn't in high demand and generating enough profit for everyone so only one company makes them now but it looks like that has changed so maybe Pfizer or someone will start making them at a lower cost and stick it to this guy before he gets to rich if he hasn't already
Knowledgeable Member
The problem isn't the pharmacies it's the FDA and government regulation. A true free market would encourage competition, but the way it's setup now it's impossible for the smaller companies to survive. And it doesn't help when pharmacy board members rotate with FDA spots. A free market, a true one solves all problems. The only government regulation needed would be to prevent collusion and I'm not even 100% sure that would be needed.
Productive Member
We used to think that and maybe it used to be that way but no more...the government subsidizes the tobacco industry, the peanut farmers, the sugar industry, and more. therefore it no longer is a free market business. And a free market must have competition to make it viable and there seems to be a lot of monopolies going on as well. and then there is China with it under valuing its money to keep cutting into the American market. So crazy market yes but free?
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