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Why is everyone always so protective of big pharna? | 709 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
Why is everyone always so protective of big pharna?
Authored by: Anonymous on Saturday, May 11 2013 @ 07:51 PM EDT
The driving force behind medical costs is insurance, and insurance
premiums.

The highest expense for medical providers is malpractice insurance,
and related insurance coverage.

The second highest expense is collecting money that is owed from
insurance companies, government agencies, and other third party
payers.

Pharma patents merely ensure that drugs that cost a dime per dose to
manufacture, are sold for five hundred dollars per dose.

[ Reply to This | Parent | # ]

Why is everyone always so protective of big pharna?
Authored by: Anonymous on Sunday, May 12 2013 @ 05:32 AM EDT
Chain pushed very hard for them to patent penicillin but Florey refused - he
thought it would be unethical.

(Fleming had nothing to do with the refinement, stabilisation, extraction,
production and clinical trials of penicillin BTW).

Mac

:-)

[ Reply to This | Parent | # ]

My guess: money
Authored by: Anonymous on Sunday, May 12 2013 @ 11:07 AM EDT

Ever consider how much money there is in doing nothing more then selling vitamin/mineral supplements?

Pharma is big money to a LOT of people.

RAS

[ Reply to This | Parent | # ]

Legitimate research costs
Authored by: Anonymous on Sunday, May 12 2013 @ 11:51 AM EDT
It is my understanding (and I am in no means an expert) that big pharmaceutical
companies have legitimately high research costs that they need a way to recoup
if they are to survive. And currently the only way to recoup them is through
patents.

Why you want them around probably changes depending on the group, some probably
think they actually help progress the medical field (I can't say whether or not
this is true, and would be interested in hearing opinions, and facts about it),
some probably want them to exist for a variety of personal reasons (ie politics,
having friends in the business, being in the buisness yourself, ect), and a
large number probably don't want to upset the current state of things (even
larger when you count by income I expect).

[ Reply to This | Parent | # ]

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