Anonymous
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Anonymous
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I am a far right wing conservative. I believe in free market competition. If it existed in pharmaceuticals, there would be some actual innovation. There has been none in decades.
It's interesting you mention Viagara. Viagara was STUMBLED upon. It was an experimental blood pressure medicine, and the subjects reported a side effect and presto. Then, the leaches swooped in, changed a methyl group, and patented Cialis, Levitra, and maybe other branded products, invented "ED" as a medical condition. Everybody charges astronomical prices for their product -- none of the companies compete on price. The corrupt industry normalized the treatment as a medical condition (it's not), bombarded us with ads at dinnertime, prompting our 6 year olds to ask "Dad, what's erectile disfunction" and convinced state medical programs to reimburse for this at best recreational product. At sky high prices.
I don't think life is unfair, I think the way pharmaceuticals are distributed and paid for is extremely corrupted and need to be redone. Either the government needs to get all the way in and socialize it, or the government needs to get out and allow free market forces to drive down prices and drive up innovation. As it stands, we get high prices and zero innovation.
Seriously, get off your high horse. Is there innovation in pharma? Not much right now. No big surprise there. Look around and see how few reps there are and you'll see that there isn't much to sell. Has there been innovation in pharma? Yep. Has it saved lives. Yep. Statins. PPI's. ACE inhibitors. etc etc etc.
Prices too high? Probably. But find me another industry where you come up with something- by chance or by design- and you get less than 17 years to sell it. Go find one. Huge corporations like Disney got copyrights extended to 120 YEARS after corporate creation. How many billions of Mickey dolls and stuff worth TRILLIONS of dollars will they rake in over generations?
Go to Disney and tell them to drop a few million on a movie that they'll only be able to sell for 17 years and see how quick they are to invest a penny in it.
So the industry spends x amount of money (whatever high or low number you want to assign) to find a drug. Gets at most 17 years. In the interim has to deal with the now prevalent at risk launches and lawsuits that come with and then hand over their product to a generic company that makes profit off no work.
Back to the Disney topic- think I could make a fortune selling Mickey merchandise that I pay some factory in China to make and then sell them here for half the price of the Disney stuff. Hell yeah! Heck- You could sell it for 20% of the Disney price and make a fortune. Think Disney's gonna sit back and watch you steal their cash cow?
The point is there are lots of reasons why drugs are expensive. Some of them legit, some not so much. But pharmas not the only one culpable and shouldn't be held to a higher standard than everyone else. Want to get cheaper drugs from Canada? Fine. Sign here that says you will only be able to sue by Canadian rules. Can't have your cake and eat it too.
Should iv pumps be 5 grand? Should Docs make 300k? Should a specialist make 700k? Should a 10 minute consult be billed to insurance at a couple hundred bucks?