trump buying into the big pharma bs?

dhdawg

http://m.dailykos.com/story/2017/1/31/1628064/--Negotiator-Trump-caves-to-big-pharma

Yikes. Negotiating down drug prices was one of the few good things that he said he'd support.

Of course he talks about tax breaks. Cause that's otally What They need. More profit

doogie

Obama and the Demorats sure did

dhdawg

doogie said:

Obama and the Demorats sure did

selling out to pharma is one of the few things in Washington with bipartisan support

RaceBannon

Selling out period. This particular story probably needs a little more time to get some actual facts in there though

Fenderbender123

I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.

RaceBannon

People need to stop using legal drugs. Way over prescribed

Unfortunately my dentist is trying to stop the oxy addiction plague and tells me to use advil. Fucker

2001400ex

Fenderbender123 said:

I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.

The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.

That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market.

priapism

Big pharma is destroying America.

GrundleStiltzkin

priapism said:

Big pharma is destroying America.

@priapism would know.

tenndawg

RaceBannon said:

This particular story probably needs a little more time to get some actual facts in there though

Why ? Not for our purposes

We just wany to engage in juvenile name calling about that fake orange haired narcissistic sociopath...

BearsWiin

2001400ex said:

Fenderbender123 said:

I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.

The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.

That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market.

I recall seeing some numbers several months back that indicate pharma companies spend significantly more on advertising than they do on R&D; the "we need to rape you on the drugs that work to pay for the drugs that don't" argument doesn't hold water.

dhdawg

BearsWiin said:

2001400ex said:

Fenderbender123 said:

I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.

The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.

That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market.

I recall seeing some numbers several months back that indicate pharma companies spend significantly more on advertising than they do on R&D; the "we need to rape you on the drugs that work to pay for the drugs that don't" argument doesn't hold water.

yes. they spend gobs on overhead and use it to justify their price gouging. We should either be allowed to negotiate with medicare or import from countries that do. We're allowed neither. Why? Cause the gov't is completely bought out

greenblood

2001400ex said:

Fenderbender123 said:

I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.

The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.

That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market.

The bigger issue is that our country gets charged more for the same drugs as other countries.

TierbsHsotBoobs

RaceBannon said:

People need to stop using legal drugs. Way over prescribed

Unfortunately my dentist is trying to stop the oxy addiction plague and tells me to use advil. Fucker

Agreed.

I support this and all others efforts to kill off the Boomers.

2001400ex

greenblood said:

2001400ex said:

Fenderbender123 said:

I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.

The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.

That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market.

The bigger issue is that our country gets charged more for the same drugs as other countries.

There's truth in that. As I noted indirectly in my OXY and aspirin example. When an insurance company is involved, they charge way more.

RaceBannon

2001400ex said:

greenblood said:

2001400ex said:

Fenderbender123 said:

I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.

The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.

That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market.

The bigger issue is that our country gets charged more for the same drugs as other countries.

There's truth in that. As I noted indirectly in my OXY and aspirin example. When an insurance company is involved, they charge way more.

So let's make everyone have to buy insurance

Great fucking plan

2001400ex

RaceBannon said:

2001400ex said:

greenblood said:

2001400ex said:

Fenderbender123 said:

I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.

The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.

That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market.

The bigger issue is that our country gets charged more for the same drugs as other countries.

There's truth in that. As I noted indirectly in my OXY and aspirin example. When an insurance company is involved, they charge way more.

So let's make everyone have to buy insurance

Great fucking plan

They charge so much because people without insurance don't pay causing everyone with insurance to pay too much. Are you really that dumb? Have you ever wondered why the cash price is half the insurance price?

TierbsHsotBoobs

greenblood said:

2001400ex said:

Fenderbender123 said:

I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.

The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.

That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market.

The bigger issue is that our country gets charged more for the same drugs as other countries.

And Bannon/Trump have decided to continue this arrangement.

PurpleJ

The patent system for drugs is fucked. More generics please.

And legalize cocaine, shrooms and weed while we're at it.

AlCzervik

BearsWiin said:

2001400ex said:

Fenderbender123 said:

I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.

The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.

That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market.

I recall seeing some numbers several months back that indicate pharma companies spend significantly more on advertising than they do on R&D; the "we need to rape you on the drugs that work to pay for the drugs that don't" argument doesn't hold water.

Years ago, I worked in sales and sales management for two different pharmaceutical companies. The pay and benefits were fantastic and the amount of actual work I did was negligible. The sales forces for big pharma are gigantic and add nothing to the quality or availability of health care. But I did make a shitload of money.

TierbsHsotBoobs

PurpleJ said:

The patent system for drugs is fucked. More generics please.

And legalize cocaine, shrooms and weed while we're at it.

Your President supports this system.

Get in line with TRUMP or LEAVE.