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How is it that pharmaceutical (thank goodness for spell check) companies are always coming up with pills to treat simptoms but never to cure them?
Is the outragous cost of perscription drugs really due to this mandatory "research and development" we keep hearing about, or is it simply the college textbook scheme: "charge as much as you like cuz the suckers got no place else to go"? Why has our government, on both sides of the isle, been so reluctant to intercede in any significant way? Can anyone touch these pill pushers? The questions are only semi-rhetorical. I actually would like to know the answers. I think a lot of Americans would. |
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My mom has a terminal illness. The drug that works best for her is prohibitively expensive (over $3k per month). So, since she is now on medicare, she is taking a less effective drug. The really odd thing is that aside from one ingredient (the more effective drug does not contain a certain preservative), the more effective drug is identical to the less effective drug. Yet it costs twice as much. Interestingly enough, this company has a monopoly on the more effective drug which is used to treat cystic fibrosis, a fatal illness that primarily impacts children.
Isn't that interesting? I'd hate to speculate why this particular drug is twice as expensive. |
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Spend a HUGE part of their budget on advertising. Much of their R.&D. is devoted to developing "lifestyle" drugs and drugs that mimic successful drugs marketed by the competition (like yet another B.P. drug or acid reflux drug or arthritis med).
There is an article in this month's "Foreign Affairs" magazine about how completely ill-prepared we are in this country for the very real threat of a flu pandemic, in part because big Pharma does not make high profit margins developing and administering vaccines and the Bush administration has under funded public health and chosen to focus on unlikely bioterrorist threats like e-boli and small pox. The worst case senario makes your hair stand on end. |
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Does anyone here remember when microwave ovens were $500? When VCRs were several hundred dollars? PCs were $2000? Once the R&D was paid for they all came down in price. They also got to immediately begin to recoup their investment. They did not have to wait for FDA approval. If you want cheap new drugs, you can go to Mexico. A friend of mine got a very effective arthritis drug there. She was grateful to have such relief - until it caused massive kidney failure and she had to find a new kidney.
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I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them. ~Thomas Jefferson |
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It isn't myself I'm concerned about-- not yet, at least. For many people, particularly the elderly, perscription drugs are a matter of life and death. We're not talking about allergy medicine here. There are many elderly individuals who have literally been impoverished trying to pay for the drugs that keep them alive. It's a rather pitiful situation, really. We have the means to live longer and have an (arguably) higher quality of life in our final years than ever before-- but at what price? Why, whatever price the pharmacuetical kings choose, of course. Maybe that's way too sincical, but it's sure the way things look sometimes. |
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The alternative is to have the government fund the R&D...the end result being that medicine will advance more slowly. Thats the trade off. The current system gives drug companies more of an incentive. More money = being able to hire bigger brains and get access to more resources. |
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