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Old September 27th, 2015, 09:37 AM   #1
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US Drug Company Becomes International Embarrassment By Suing Canada

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Ironically, this entire problem could have been prevented if Congress had allowed President Obama to realize his plan to set up America’s very own medicine cost review board. Similar to that of Canada’s, the review board would be tasked with holding drug companies like Alexion accountable for the prices they charge for their pharmaceuticals. The basic question that would need to be answered would be “Can you justify the cost of this drug?”

Instead, Republicans in Congress oversaw the plans destruction, claiming a review board that held drug companies accountable would violate the pharmaceutical industry’s right to free enterprise.
US Drug Company Becomes International Embarrassment By Suing Canada For Selling Meds Too Cheaply «
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Old September 27th, 2015, 12:53 PM   #2
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Alexion defended its drug by saying essentially, “We can do whatever we want and trying to keep costs down infringes on our right to make massive profits.” They filed a lawsuit demanding Canada allow them to sell the drug for the $700,000 they initially asked for.

Thankfully, it doesn’t appear that Canada is backing down. The review board continues to challenge the cost of Soliris and will likely seek to force Alexion to reimburse Ottawa for “overpayments” for briefly footing the bill for Alexion’s drug-based highway robbery.
Regulate the sons of beotchs. I hate the smug over profit mentality of the right wing greedy.
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Old September 27th, 2015, 12:59 PM   #3
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I am sure that the Queen of England will have something to say about that outrage.
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Old September 27th, 2015, 01:01 PM   #4
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Is this thread about GMO, genetically modified organism?
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Old September 27th, 2015, 01:35 PM   #5
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Originally Posted by LongWinded View Post
Regulate the sons of beotchs. I hate the smug over profit mentality of the right wing greedy.
Clinton has signaled that this issue is on her radar. It is one of the first things she should deal with if she is elected. She should start by making it part of her campaign, by embarrassing Republicans on the issue every chance she gets. With seniors being a reliable voting block, it will be hard for them to take the side of big pharma making their medicines more expensive solely for profit motives.
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Old September 27th, 2015, 02:18 PM   #6
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I am sure that the Queen of England will have something to say about that outrage.
She very well may but it won't have any impact on any government action in Canada or the UK.
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Old September 27th, 2015, 02:24 PM   #7
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Clinton has signaled that this issue is on her radar. It is one of the first things she should deal with if she is elected. She should start by making it part of her campaign, by embarrassing Republicans on the issue every chance she gets. With seniors being a reliable voting block, it will be hard for them to take the side of big pharma making their medicines more expensive solely for profit motives.
True. I don't think, however, Clinton has it in her agenda to regulate any business. She's a globalization neoliberal.
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Old September 27th, 2015, 02:40 PM   #8
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True. I don't think, however, Clinton has it in her agenda to regulate any business. She's a globalization neoliberal.
This is becoming a big issue that all of the candidates are going to have to address. If Clinton doesn't harp on it, Sanders should, and he should aim his campaign ads to seniors. This put's Clinton and Republicans who can't afford to lose any of the senior vote, squarely on the spot.
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Old September 27th, 2015, 02:43 PM   #9
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This is becoming a big issue that all of the candidates are going to have to address. If Clinton doesn't harp on it, Sanders should, and he should aim his campaign ads to seniors. This put's Clinton and Republicans who can't afford to lose any of the senior vote, squarely on the spot.
I think Sanders is in this to push Hillary. Question is, can we trust her campaign promises not knowing where her HUGE election war chest money is coming from? We KNOW a lot of it is Wall Street. She's for the TPP, so there are corporation.

It's a crap shoot, but I totally agree with you; I believe this is a crime and needs to be stopped.
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Old September 27th, 2015, 03:57 PM   #10
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it takes a drug company about 2.5 billion dollars to identify, test, get approval, and market a new drug.

you idiots are going to end the progress of medicine with this crap.
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