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Trump just sold us all out on drug pricing

Captain America said:
I thought the same. The gifts. The travel. But that is small by comparison, according to the <cough-cough> pharma dude.

A couple things I remember from the conversation was that the costs for R&D and navigating the federal regulations to get the drug from idea to market is astronomical. And some of their investments never make it past the F.D.A. Then, IF, the drug hits the market, they only have 5 years to recoup their investments, cover their lost investments, and try to make a profit. Apparently, after 5 years the drug can be made generic and other companies can duplicate the same drug and profit off the back of the developing pharma company. They only have 5 years to make a profit. Also, since it costs so much to get the drugs to market, big pharma tends to focus on the top money making diseases while not giving due study for less common, often deadly, diseases.

Like I said. It will give you a headache.
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" ... they only have 5 years to recoup their investments, ... "

Bull****, I don't know who you think you talked to? But that's totally false, been in the industry for 25 years. Nowadays they spend more on marketing than anything else, and more revenue is generated by playing games with patenting and lawyering that by discovery; often for “me too” lifestyle drugs like Cialis and Levitra. And pharma charges americans more for the same products that other nations negotiate them down on due to single payer systems.
 
Rogue Valley said:
Trump just sold us all out on drug pricing



By the time Trump and the GOP are finished, healthcare for the middle class and the poor in the US will resemble healthcare in Haiti. Under the GOP AHCA, anyone and everyone needing healthcare and ℞ will experience paroxysmal sticker-shock.


Additional: White House Task Force Echoes Pharma Proposals

So Much for Trump Going After Pharma
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The NYT is spreading a rumor that a draft toothless order is screwing us because pharma will be allowed to charge more overseas, and to give less discounts to hospitals with poor patients.

How is that selling us out?
 
Fenton Lum said:
" ... they only have 5 years to recoup their investments, ... "

Bull****, I don't know who you think you talked to? But that's totally false, been in the industry for 25 years. Nowadays they spend more on marketing than anything else, and more revenue is generated by playing games with patenting and lawyering that by discovery; often for “me too” lifestyle drugs like Cialis and Levitra. And pharma charges americans more for the same products that other nations negotiate them down on due to single payer systems.
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Not sure what industry you're in, but pharma these days is not doing 'me too' drugs much at all, and there's not much to patent if you don't have discovery.

The movement has been strongly to biologics these days, since generic equivalents are tougher to make and exclusivity lasts longer.
 
Rogue Valley said:
By all means keep your head buried in the Trump sandlot. Virtually every independent assayer agrees that the House/Senate AHCA only serves big med and the ultra-wealthy. Trumps EO will likewise serve big pharma.

Dollars to donuts you ignore facets of the CBO score of the Senate healthcare bill that don't jive with the Trump/Ryan/McConnell/Bannon gospel.
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Got it. You can now read the future and anyone suggesting otherwise has their "head buried in the Trump sandlot" because clearly, trying to be objective is equivalent to being partisan.... Dollars to donuts you don't know crap about me. But, sure, go on and ignore my arguments and try to appeal to emotion instead. If you knew anything about dollars or donuts, you'd know I don't like the GOP healthcare bill proposals I've heard any more than the Democrat's disaster bill. However, if the GOP plan brings us closer to what I do want, then I guess, at least it is a step in the right direction. However, unlike you and Vern, I am not pretending to know what will be in the final version of the GOP bill. Furthermore, I set different criteria of success than you do when it comes to health care legislation. You can like it or not. I, personally, am not in favor of any form of nationalized health care. So, while I understand that in your progressive eyes, that makes me some sort of monster, you should understand that in my eyes supporting national health care is equivalent to yet another step towards fascism and tyranny.
 
ibelsd said:
Got it. You can now read the future and anyone suggesting otherwise has their "head buried in the Trump sandlot" because clearly, trying to be objective is equivalent to being partisan.... Dollars to donuts you don't know crap about me. But, sure, go on and ignore my arguments and try to appeal to emotion instead. If you knew anything about dollars or donuts, you'd know I don't like the GOP healthcare bill proposals I've heard any more than the Democrat's disaster bill. However, if the GOP plan brings us closer to what I do want, then I guess, at least it is a step in the right direction. However, unlike you and Vern, I am not pretending to know what will be in the final version of the GOP bill. Furthermore, I set different criteria of success than you do when it comes to health care legislation. You can like it or not. I, personally, am not in favor of any form of nationalized health care. So, while I understand that in your progressive eyes, that makes me some sort of monster, you should understand that in my eyes supporting national health care is equivalent to yet another step towards fascism and tyranny.
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Maybe you can't read very well. My lean says Independent, not progressive. I detest Democrats and Republicans alike.
 
Rogue Valley said:
Maybe you can't read very well. My lean says Independent, not progressive. I detest Democrats and Republicans alike.
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Well, apparently your reading skills are equally poor since my leans says libertarian, not Republican.
 
MaggieD said:
There is something wrong with you - starting with blinding partisanship. Republicans are not responsible for there being at least a 62-year patent protection on this drug... BOTH sides are.
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Completely unrelated to this discussion, but interesting, did you know Mickey Mouse is the reason for patents and copyrights going on so long. When Steamboat Willy came out, the copyright for Mickey was til 1984. Around 1976 Disney did some serious lobbying, got the term changed to length of authors life plus 50 years. Which pushed it out to 2003. In 98 they changed it again, to life of Author plus 70 years. Now its 2023, so we should be seeing Disney getting the laws extended once again. Even though they don't technically have to, because of how trademarks work. With Mickey and Disney so ingrained that you can't mention one without thinking of the other, trademark law would keep Mickey out of Public Domain.

It's funny, because Disney does a lot of movies with characters from the Public Domain. Some of their most iconic works are derivative. But I do see their point with Mickey, he's been their mascot from day one. Once he's in the public domain, it would hurt their brand more from the public confusing derivatives with their company than loss of revenue from Mickey.

But should Mickey be the exception or the rule, that's the question. I'd hate to see it where the more beloved something is the less likely it will enter the public domain. Getting real tired of remakes of classics from the 1800s...
 
ThoughtEx. said:
Completely unrelated to this discussion, but interesting, did you know Mickey Mouse is the reason for patents and copyrights going on so long. When Steamboat Willy came out, the copyright for Mickey was til 1984. Around 1976 Disney did some serious lobbying, got the term changed to length of authors life plus 50 years. Which pushed it out to 2003. In 98 they changed it again, to life of Author plus 70 years. Now its 2023, so we should be seeing Disney getting the laws extended once again. Even though they don't technically have to, because of how trademarks work. With Mickey and Disney so ingrained that you can't mention one without thinking of the other, trademark law would keep Mickey out of Public Domain.

It's funny, because Disney does a lot of movies with characters from the Public Domain. Some of their most iconic works are derivative. But I do see their point with Mickey, he's been their mascot from day one. Once he's in the public domain, it would hurt their brand more from the public confusing derivatives with their company than loss of revenue from Mickey.

But should Mickey be the exception or the rule, that's the question. I'd hate to see it where the more beloved something is the less likely it will enter the public domain. Getting real tired of remakes of classics from the 1800s...
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How interesting! Thanks!
 
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