Another Pharma Company Recaptures a Generic Medication
Applehu Akbar writes: Daraprim, currently used as a niche AIDS medication, was developed and patented by Glaxo (now GlaxoSmithKlein) decades ago. Though Glaxo's patent has long since expired, a startup called Turing Pharmaceuticals has been the latest pharma company to 'recapture' a generic by using legal trickery to gain exclusive rights to sell it in the US. Though Turing has just marketing rights, not a patent, on Daraprim, it takes advantage of pharma-pushed laws that forbid Americans from shopping around on the world market for prescriptions. Not long ago, Google was fined half a billion dollars by the FDA for allowing perfectly legal Canadian pharmacies to advertise on its site. So now that Turing has a lock on Daraprim, it has raised the price from $13.50 a pill to $750. In 2009 another small pharma company inveigled an exclusive on the longstanding generic gout medication colchicine from the FDA, effectively rebranding the unmodified generic so they could raise its price by a similar percentage.
Daraprim (generic name Pyrimethamine) is also used a alternative treatment for maleria where quinine cannot be used, although resistance is now prevalent worldwide. The manufacturing cost is roughly $1 per 25 mg tablet, so even the old price of $13.50 per tablet is a very substantial markup. A typical course of treatment requires around 90 to 120 tablets.
Anyone in the USA needing this drug should fly to the UK where it is still manufactured by GKN and sold for the equivalent of $70 for 90 tablets. Those same 90 tablets would cost $67,500 at the new price in the USA, so the saving would be substantial even allowing for air fare, hotel, etc.
Some enterprising company willing to spend the money to get approval to import the drug from the UK would put this startup out of business. Hopefully.
this is one of those stories where if everybody on slashdot who fucking hates big pharma posted links on their facebook/twitter/g+/instawhatever, it could probably boil over to one of those flashpoint social media stories that gets the company to own up to being fuckbags.
it seems that's the only way things change these days...voting sure doesn't do shit...
'We are trying to prove ourselves wrong as quickly as possible, because only in that way can we find progress.' RPF
The post is saying they're the only manufacturer selling in the US. The patent has expired. Another company can make it and sell it here if they want.
Because that's what they're doing: Killing people by taking their medication away from them.
People and companies that do this sort of predatory business are truly Scum of the Earth.
I don't care how legal it is, this is just pure scumbaggery at its absolute worst.
"I don't care if you die, I need to make a profit!"
Just cruising through this digital world at 33 1/3 rpm...
What about just using homeopathic treatments instead?
Yeah, but if you forgot to take your homeopathic meds, you'd overdose.
Just cruising through this digital world at 33 1/3 rpm...
No sir "Just ship it."
I don't care if all three tests say its contaminated with salmonella.
We "desperately at least need to turn the raw peanuts on our floor into money."
Money above all!
"My chemists and I deeply regret the fatal results, but there was no error in the manufacture of the product. We have been supplying a legitimate professional demand and not once could have foreseen the unlooked-for results. I do not feel that there was any responsibility on our part."
We can regulate ourselves the government doesn't need to check anything!
Minimum threshold fixed. Thanks!
You can also find it at Canadian pharmacies for $2.51 per tablet. I hope nobody is foolish enough to buy any Daraprim from Turing Phama.
There are many other laws that prevent abuse of dominance in a market. Hopefully all of this noise will attract the attention of those who enforce those laws.
(If at first you don't succeed, do it different next time!)
Lets see if this is enough to get those laws overturned and let Americans shop around for a generic equivalent.
Nope. Because Congress has its lips firmly wrapped around industry lobbyists private parts in exchange for campaign contributions.
Have gnu, will travel.
Or praying. Has anyone tried praying? Or Magic?
...I know how I'd spend my last time on Earth.
I've calculated my velocity with such exquisite precision that I have no idea where I am.
What is needed / what will result, is a marketplace on the dark web, allowing frictionless free enterprise as our Founding Fathers intended, using units of exchange which have real intrinsic value.
http://techcrunch.com/2015/09/...
Prove anything by multiplying Huge Number times Tiny Number
the FDA are a bunch of retards, responsible for 25 million American deaths and counting.
When I buy a toaster, I make sure it says 'UL' on the bottom. Insurance is quite sufficient a mechanism.
My God, it's Full of Source!
OUTSIDE_IP=$(dig +short my.ip @outsideip.net)
I've heard that the upcoming block will return to Zendikar, so I'd go back to Magic if I could.
But I can't.
Suicide is illegal in the US.
This has nothing to do with patents.
Patent reform is not strictly the issue. It is the willingness of Wall Street to invest in very high risk research. Parma has given up on real research and as a result we are see almost no new classes of drugs. Most of what we are seeing come on the market are incremental improvements of existing classes of drugs. If you want a radical solution, for a decade invest equal to say half of what we spend on drugs per year and put that into universities and NIH to do the breakthrough research that pharma refuses to perform. Then have NIH manage the trials. After approval let the generic industry sell the stuff without patent restrictions. On a straight out of pocket basis we'd pay less for drugs after an initial investment as new drugs would be at generic cost. The biggest return on investment for society would be the advances in real breakthrough drugs. Big investment up front, but massive long term payback in health and dollars.
Which is why I voted this summary down, but it got through anyways.
Suicide is illegal in the US.
False. Attempted suicide is illegal. It's not illegal if you're successful.
I hear that power crystals are amazing treatments.
I prefer my placebos to have more flavor. Like chocolate, or beer, or vindaloo. In fact, I think I'm going to try a nice chicken vindaloo with some beer tonight, to cure my cold.
I guess their CEO (Turing Pharmaceuticals CEO Martin Shkreli) harasses people on the internet as well.
See:
http://gawker.com/lawsuit-scum...
-- "Oh. This guy again."
Sadly the crooks in congress made it illegal to import foreign drugs which often are a fraction of the price compared to the local supply that more than likely comes off of the same production line.
This post is encrypted twice with ROT-13. Documenting or attempting to crack this encryption is illegal.
What I'm wondering is, how much does it cost to get sole marketing rights to a generic drug? This seems like the kind of thing where a nonprofit or NGO should form to buy the rights to all the generics, and then sell the drugs at or very close to cost - until, that is, the loophole that allowed Turing to do what they did is closed.
As long as you don't use homeophatic treatments at the same time as Placebo(TM) medication.
If you get caught after an attempted suicide, they send you to the electric chair.
At which point will the majority of Americans stand up and revolt against these immoral and corrupted laws?
After all, communism isn't perhaps that bad compared to sick capitalism like this ?
"Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it's the only thing that ever has. - Margaret Mead
Not only do the laws allow abuse, but they ensure that the public has no other legal option.
-The wise argue that there are few absolutes, the fool argues that there are no probabilities.
That will happen around the same time that the Social Security Administration becomes an advisory panel with no authority to dictate how your retirement is funded.
Wh47 d1d j00 541, 31337 15n't t3h r0xor5 ne m0r3???
If you are successful, you can not be prosecuted for the suicide but that does not make it legal. The legal question is answered by the Insurance, or should I say lack of insurance coverage after a suicide.
-The wise argue that there are few absolutes, the fool argues that there are no probabilities.
Hilary just called them out (and their stock dropped as a result). Still, I'll believe it when I see it. She's pretty pro-business and anti-consumer. Hell, she was a republican until her husband decided to run as a Democrat.
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There's another good reason why there's no free market in health care: It's too hard to comparison shop.
Ever get a bad Twinkie? You know, one of the Generic brands that just isn't very good? Maybe you tried two or three brands before you found one you like better than Twinkies. Me, I like the Safeway brand better than the Hostess one.
Now, try doing that for a heart transplant. See, you don't have enough information. It takes one taste to know a bad Twinkie and you're out $3 bucks for a pack of 'em. It takes 8 years to know what goes into a heart transplant and you're probably only gonna ever have the one.
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it'd mean fuck all. Maybe less. It's childs play for a large pharma company to manipulate social media. And besides people will loss interest when your post gets pushed down in favor of cat videos and pictures of what they just ate.
Votes on the other hand get attention, but you need to vote left. Vote for the most left leaning candidate you can get.
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that's what scares me the most. At least Hitler _hated_ the Jews. It was irrational. He was nuts. I can comfort myself with that. Tell myself we can watch out for that kinda crazy in the future. With business men there's no end to the horrible things they can do and just write it off as "Just Business". It's like a religion with a false air of science...
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that mattered? At these kind of profits they've got armed security and the police more or less in their employ. You'd show up in their neighborhood and stick out like a sore thumb because you'd _look_ poor. The best you could hope for is suicide by cop.
You're not going to get anywhere going after the 1% with violence. Take a look into what a Mr Bernie Sanders is doing these days. It's a good start. He's a good kid.
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You win the internet. And coffee came out my nose. Well done indeed.
None of them can see the clouds; The polished wings don't care.
Adding insult to injury, most of the drugs in question were developed, at least in part, at public universities in the USA with taxpayer money. And then the drug companies are allowed to sell them to Canada cheaper than they sell then in the USA and use legal abuse like in the summary to keep the lower cost same product from coming back into the USA.
And this isn't just rare drugs like mentioned in the article that are being gouged, last year the supply of a long generic drug allopurinol dried up and when it reappeared it was 5 to 10 times the previous price. Allopurinol is also used for prevention of gout and is listed by the the World Health Organization as one of the ten most important drugs in the world.
I'm an American. I love this country and the freedoms that we used to have.
Someone uttered the magic phrase "AbracaSCAM", and voila, he has regionally exclusive rights to print money.
This same issue also has had a terrible impact on the price of insulin, which has doubled in the past 5 years or so.
The FDA is paradoxical It simultaneously over and under regulates.
Over regulation: see TFA
Under regulation: Why is airborne on the shelves again?
Minimum threshold fixed. Thanks!
"You can also find it at Canadian pharmacies for $2.51 per tablet"
Were you aware that in 2011 the FDA fined Google half a billion dollars - billion with a B - for the crime of pointing this out. We need to make the FDA give Google every stolen dime back, and then slash its budget until it can't hurt us any more.
http://www.justice.gov/opa/pr/...
I think i got a molecule of your coffee up my nose. im buzzed as hell. i need a quantum of valium now
Some of this was debated in Congress at times. A 2004 bill allowing importation was not approved, a later bill to allow Medicare to negotiate drug prices was rejected, and Obamacare dropped the idea of it as well in order to get support of the pharma industry.
But Maine allows importing of drugs from Canada (or at least did in 2013). Maybe a few other states. The pharmaceutical industry, of course, is highly opposed to it.
Yeah, we get the idea, but the problem is that they need a lot more Daraprim for testing than a dozen patients could provide. Also, finding a doctor willing to risk his license and potential jail time to write the replacement scripts might be problematic.
Please stand clear of the doors, por favor mantenganse alejado de las puertas
"Psssst. Hey, sick person. Try this. The first one's on us!*"
*Free as in Daraprim, not free beer.
I see other people commenting that it would be cheaper to just go to another country to get your pills because it is cheaper but how is this possible? You can just go to another country with your prescription and get your pills? A pharmacy will just take your prescription from a doctor that is not even from the same country? A doctor doesn't need to be licensed in that country to fill the prescription? Can anyone answer this?
What about just using homeopathic treatments instead?
That sounds like something A.P.K. would suggest.
Unlike homeopathic treatments, hostfiles actually exist, so APK has that going for him.
So, the scumbag CEO Martin Shkreli responds to pressure.
Perhaps it's time to start pressuring this scumbag to stop wasting oxygen that someone else, certainly anyone else, deserve more.
"Every time I see an adult on a bicycle, I no longer despair for the future of the human race." - H. G. Wells
The two drug combo tablet, Pyrimethamine 25mg + Sulfadoxine 500mg, has many generic suppliers in India, for under 4 cents a tablet, with a lot more sulfa drug added in. The aseptic pilling and blister packaging probably cost more than the pyrimethamine at 1 cent.
$13.50 per tablet of 25 mg pyrimethamine was a joke and an utter ripoff. The $750 makes the French Revolution more understandable when they started shortening corrupt financiers and government royalists after a short trial...Sort of a closer shave with that super sized Gillete thing.
But if there isn't a patent anymore (which means anyone can create the drug without having to license it), how can Turing get an exclusively produce and sell the drug, how is it other companies can't?
Also it seems Turing has come back on the decission to sell it for that much profit, and said it will lower te price (ofcourse it won't be 13,50 I guess))
Like the person who posted the first message I saw on this topic (2 days ago):
"I'm not advocating violence but if you see him choking in a restaurant don't intervene. If you see him on fire, don't spit on him."
And another top comment :
"Oh no, immigrants, jobless people and the poors are ruining the country !"
The issue here is actually the FDA rules on generics and how it doesn't work for "orphan drugs". The FDA demands that a generics manufacturer do some basic clinical trials to prove the drug is as effective as the original. Simply showing it is the same chemical entity is not enough.
This creates a problem, as the generics company has to buy the drug on the open market to compare to. An often expensive and difficult endeavour. It also advertises to the original manufacturer exactly what they are doing, so it is hard to keep generics development quiet.
In this particular case the medication is given in controlled clinical environments, so it can essentially have it's distribution controlled by the original manufacturer to prevent a generics company comparing to it.
It should be noted that the big companies pull similar tricks to delay launching of competing generics.
A generics company could create the same drug, and go through full approval for the FDA. It will end up not being "interchangeable" though, which means one prescription for the original drugs can not be used for the generic.
The simple solution is to enact a law that forces all marketed drugs to also be sold for reference use at the current marketed price, for exactly this type of comparison.
Obama's got fuck-all to do with this. Thanks for playing, though.
Il n'y a pas de Planet B.
The problem is, you go to jail for drug dealing....because YOU are not an authorized prescriber of drugs. Then all research said company did, is voided because the said acquisition of the drug was illegal.
This is how it works...
You're completely wrong. These are regulatory matters decided by the FDA and other government agencies, and it's the president who has ultimate authority. That authority actually got strengthened with the ACA. Obama could end this tomorrow if he wanted to.
THIS IS BEING ENABLED BY THE FDA
In a capitalist society, anyone could make and sell this drug. This is NOT capitalism, but neo-fascist economics. Fascism is an economic structure in which industry and government are tightly knit. It is a two class system, oligarchy and workers. Neo-fascism is simply a reversal where the corporations have the more dominant influence than the government.
Fascism not equal Nazi death camps. There were many fascist nations that did NOT murder their people. And many democracies that have. FDRs policies were very fascist. Government control of industry, two class system, control of wealth (gold/silver), etc. The fact that FDR had hundreds of thousands of innocent Americans put into concentration camps merely he acts of a tyrant. The fact that the most famous fascist regime, was led by a homicidal tyrant has blurred the understanding and shifted the term.
Google fascism and you get: "an authoritarian and nationalistic right-wing system of government and social organization."
But this is adamantly not the truth historically. Fascist government were not right-wing. They weren't die-hard capitalist-anarchists. They were almost ALL socialist democratic regimes. Most of the crap of right-wing, totalitarian, dictatorships was all added after World War II. Prior to that, many fascist nations were viewed as progressive. An alternative to communism. One of the fundamentals being a mixed-economic
Hmm...sounds like the U.S. economy, doesn't it? How many Americans realize we live in a fascist nation?
"In general the mixed economy is characterised by the private ownership of the means of production, the dominance of markets for economic coordination, with profit-seeking enterprise and the accumulation of capital remaining the fundamental driving force behind economic activity. But unlike a free-market economy, the government would wield indirect macroeconomic influence over the economy through fiscal and monetary policies designed to counteract economic downturns and capitalism's tendency toward financial crises and unemployment, along with playing a role in interventions that promote social welfare.[2] "
https://en.wikipedia.org/wiki/...
The Italian term fascismo derives from fascio meaning a bundle of hay, ultimately from the Latin word fasces.[15] This was the name given to political organizations in Italy known as fasci, groups similar to guilds or syndicates and at first applied mainly to organisations on the Left.
https://en.wikipedia.org/wiki/...
The other big aspect of fascism was nationalism and a protection mindset. This too is extremely common in America btw.In truth, fascism is less left or right, and very much so dogmatic center.
Benito Mussolini in 1919 described fascism as a movement that would strike "against the backwardness of the right and the destructiveness of the left".[43][44]
Fascism in many ways "sought an authoritarian corporatist state"
there are only two classes in society, "the governing" (the organized minority) and "the governed" - hmm also sounds like America, doesn't it?
A really good way to consider fascism, is that Marxism (socialism as purported a century ago) advocated for the elimination of nationalism, elimination of states. Fascism share a very large portion of common views. However, fascist held to the state and nationalism.
This is the two class system, relegated by the oligarchy. Does this sound eerily familiar to any of my fellow U.S. citizens?
"in which the Italian employers' association Confindustria and Fascist trade unions agreed to recognize each other as the sole representatives of Italy's employers and employees, excluding non-Fascist trade unions"
Well, at least now we know who Max Brooks based the character who invented Phalanx off of.
The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil
you think I want to trust the equivalent service to pick my doctor?
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Which is even more of an insult to the LGBT community. Not only is he basically holding a gun to the head of people with AIDS complications, he named the company after the famous gay mathematician who was basically tortured by the British for being gay. So it's doubly insulting, and is pretty much the opposite of what Alan Turing would actually do. This is a very rare level of douchebaggery, both very subtle (with the name) and in-your-face with the price rise. Reading about his other current financial antics, he might end up in jail soon anyway.
I assume the mentality is that insurance will throw him all the money, and people won't run into much trouble because of insurance. How is this any different from insurance fraud?
On that note - why are there no laws in place that require studies and solid reasoning for ridiculous price-hikes like this? Is there no laws in place to prevent price gouging?
...and this problem stops. Immediately. The pharmaceutical grifters wouldn't have a clue as to how to operate in an unprotected, global, competitive environment.
Please do not read this sig. Thank you.
Is that what computer power supplies contain?
APK likes to ask for responses to the same things over and over. Maybe he just likes the responses?
Even if they are less effective and more insecure than the alternatives.
APK likes to ask for responses to the same things over and over. Maybe he just likes the responses?
I have a buddy who tried using homeopathy to develop resistance to bullets, starting with bb's and working up. It went bad, as soon as he moved up to .22's (grin)