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Doctors Tried To Lower $148K Cancer Drug Cost; Makers Tripled Its Price (arstechnica.com)

Slashdot reader Applehu Akbar writes: Imbruvica, a compound that treats white blood cell cancers, has until now been a bargain at $148,000 per year. Until now, doctors have been able to optimize dosage for each patient by prescribing up to four small-dose pills of it per day.

But after results from a recent small pilot trial indicated that smaller doses would for most patients work as well as the large ones, its manufacturer, Janssen and Pharmacyclics, has decided on the basis of the doctors' interest in smaller dosages to reprice all sizes of the drug to the price of the largest size. This has the effect of tripling the price for patients, and doctors have now put off any plans for further testing of lower dosages.

The researchers are retaliating by urging clinical investigators to test whether the expensive pill could be safely given every other day -- and by calling on America's public health regulators to investigate the drug's pricing.

236 of 384 comments (clear)

  1. Crimes against humanity by Anonymous Coward · · Score: 5, Insightful

    Hang them

    1. Re:Crimes against humanity by www.goatse.ru · · Score: 3, Insightful

      Martin Shkreli got off scot-free in my book. These people should be hanged for all the deaths they cause to people who can't afford their drugs.

      Big Pharma is JUST LIKE big insurance, folks. They write the laws in their own favor.

    2. Re:Crimes against humanity by Joce640k · · Score: 2

      The researchers are retaliating by urging clinical investigators to test whether the expensive pill could be safely given every other day

      About that 'retaliation' thing....

      You remember what happened the last time you tried to give people lower doses to save money?

      --
      No sig today...
    3. Re:Crimes against humanity by DontBeAMoran · · Score: 1

      Its manufacturer, Janssen and Pharmacyclics, has decided on the basis of the doctors' interest in smaller dosages to reprice all sizes of the drug to the price of the largest size.

      The company made all doses the same price. You can buy the four times stronger pills, cut them in four parts and save yourself 75%.

      --
      #DeleteFacebook
    4. Re:Crimes against humanity by Anonymous Coward · · Score: 1

      They discovered a drug that can treat a form of cancer, and we should hang them?

      Of course that's not what you meant. You see them as the barrier that stands between medicine and the people who need it. It is so easy to forget how ridiculously expensive it is to make medicine that works.

      Of course, that expense doesn't justify prices like this. It can't justify holding sick people for ransom; taking from them every penny they have to give them a few more years before dying a horrible death in poverty with nothing to leave for their kids.

      But if we simply take away the ability to set the price, we negate the incentive to invest in research, which prevents medicines like this from ever existing in the first place.

      The only alternative is taxpayer funded medical research. Of course, that means more taxes.

    5. Re:Crimes against humanity by hawguy · · Score: 4, Informative

      Its manufacturer, Janssen and Pharmacyclics, has decided on the basis of the doctors' interest in smaller dosages to reprice all sizes of the drug to the price of the largest size.

      The company made all doses the same price. You can buy the four times stronger pills, cut them in four parts and save yourself 75%.

      That doesn't work with all drugs - for example, some drugs have an enteric coating that prevents it from dissolving in the stomach, others may have a time release coating, etc.

    6. Re:Crimes against humanity by b0s0z0ku · · Score: 1, Insightful

      No: it can mean the same amount of taxes if the money is spent intelligently.

      Start cutting:
      (1) The military. Our Minuteman and nuclear sub force is enough to deter invasion. Both are cheap to maintain. Not so about the constant homicide campaigns with boots on the ground. Withdraw from the Middle East, Korea, and Latin America.
      (2) The "war on some drugs." Focus on treatment, not punishment. And see above about Latin America and our military/DEA.
      (3) Mass incarceration. See above. Then make sentences realistic and focus on rehabilitation.
      (4) Subsidies for coal/oil industries.

      Right, then we should have a few trillion with which to fund research that actually SAVES human lives without raising taxes much, if at all. The dividends paid by a healthier population may actually be revenue-positive.

    7. Re:Crimes against humanity by Joce640k · · Score: 1

      The company made all doses the same price.

      And... what do you imagine they'll do next time around?

      --
      No sig today...
    8. Re:Crimes against humanity by Swave+An+deBwoner · · Score: 1

      The only alternative is taxpayer funded medical research. Of course, that means more taxes.

      I'll vote for that.

    9. Re:Crimes against humanity by jenningsthecat · · Score: 2

      Its manufacturer, Janssen and Pharmacyclics, has decided on the basis of the doctors' interest in smaller dosages to reprice all sizes of the drug to the price of the largest size.

      The company made all doses the same price. You can buy the four times stronger pills, cut them in four parts and save yourself 75%.

      That doesn't work with all drugs - for example, some drugs have an enteric coating that prevents it from dissolving in the stomach, others may have a time release coating, etc.

      I suspect that a compounding pharmacy could take a bunch of the large pills, powderize them, and make smaller pills with enteric coating. Expensive? Yes, but still peanuts compared with the price of the original pills.

      --
      'The Economy' is a giant Ponzi scheme whose most pitiable suckers are the youngest among us and the yet-unborn.
    10. Re:Crimes against humanity by Type44Q · · Score: 3, Insightful

      Our Minuteman and nuclear sub force is enough to deter invasion.

      Right, keep the nuclear deterrents but get rid of any and all defensive weapons. Boats? Bullets? Rifles, tanks, attack aircraft? "We don't need 'em anymore; we've got nukes."

    11. Re:Crimes against humanity by barc0001 · · Score: 1

      > Martin Shkreli got off scot-free

      Give it time. He's going to prison, maybe he bumps into someone there who had a family member die because they couldn't afford treatment and that person will see it as a chance to even the score.

    12. Re:Crimes against humanity by war4peace · · Score: 1

      Are you allowed to remake a medicine? Legally speaking.

      --
      ...gis sdrawkcab (usually not responding to ACs; don't bother posting as AC)
    13. Re:Crimes against humanity by b0s0z0ku · · Score: 1, Insightful

      There's a middle ground you know. Keep the nuclear deterrent against invasion. Keep a military organized primarily as a self-defense force against invasion. Withdraw from countries we have no business fighting in.

    14. Re:Crimes against humanity by omnichad · · Score: 1

      Each pharmacy would probably have to go through FDA trials and approvals for their method in doing that.

    15. Re:Crimes against humanity by Anonymous Coward · · Score: 2, Informative

      In the Netherlands you are and this is now being used as a loophole. However, insurance companies are hesitant to pay for it, and it is only allowed for the pharmacists registered patients.

      The name of this option is "magistrale bereiding" - magisterial preparation.

    16. Re:Crimes against humanity by HornWumpus · · Score: 1

      In the USA that's a 'compounding pharmacy'. Most pharmacies just dispense pills. Compounding ones mixup custom drug cocktails/dosages. They are, theoretically at least, much better trained and aren't allowed to just 'wing it'.

      There have been a few cases of pharmacists dispensing diluted drugs. Mostly addicted pharmacists, but some simple money grubbers.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    17. Re:Crimes against humanity by HornWumpus · · Score: 2, Insightful

      Because that worked so well in the 1930s?

      You're not completely wrong. We should cut back, but let's stay real. Can the Europeans really be trusted to run their business without adult supervision?

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    18. Re:Crimes against humanity by AxeTheMax · · Score: 1

      Thank you, you've really enlightened us. Perhaps you could also tell us what proportion of the 'development costs' are in fact, profits.

    19. Re:Crimes against humanity by ShanghaiBill · · Score: 1, Troll

      Perhaps you could also tell us what proportion of the 'development costs' are in fact, profits.

      Without profits, there is no incentive to do any R&D. Pharmaceutical companies are not charities.

      Look at it this way: The dose was cut to a quarter, but the cost was only tripled. So the cost per "cure" actually went down by 25%.

      Please, won't someone think of the corporations?

    20. Re:Crimes against humanity by rossz · · Score: 1

      Given Europe's history. No. That's how WW2 happened. WW1 finished and we went back to being isolationist. The next thing you know, Europe is back at it. We haven't left since then because we're afraid they'll start WW3. There are countries that have hated each other for hundreds of years and still haven't gotten over it. You can't prove who started it, but they're pretty sure it was those other fuckers (probably over some cow grazing in the wrong field).

      Most European countries couldn't stop the next asshole dictator with a funny hat if it weren't for the US military presence. They abdicated their responsibility to provide adequate national defense because they know they could rely on us to cover their ass. So basically the US taxpayers paid for all their social programs. I want my money back.

      --
      -- Will program for bandwidth
    21. Re:Crimes against humanity by b0s0z0ku · · Score: 1

      Keep the deficit the same, just spend that 15% on research, education, and other internal programs.

    22. Re:Crimes against humanity by HornWumpus · · Score: 1

      When we're coming out of a century where we needed bailing out _twice_, you can talk.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    23. Re:Crimes against humanity by PopeRatzo · · Score: 3, Insightful

      Without profits, there is no incentive to do any R&D.

      That's utter horseshit. You've been so brainwashed by the ubiquitous marketing of a late-stage capitalist system that you can't even fathom someone doing research without corporate sponsorship. It's robbed you of imagination.

      https://en.wikipedia.org/wiki/...

      --
      You are welcome on my lawn.
    24. Re:Crimes against humanity by sjames · · Score: 3, Interesting

      He absolutely is that bad and he's a total ass besides. He deserved all that he got and more.

      Unfortunately and most telling, none of what he got was for his shenanigans with drug prices. He got away scott-free for that.

    25. Re:Crimes against humanity by sjames · · Score: 2

      Unlikely, he's going to rich-people prison where the facilities are nicer than are available to poor people living in an apartment.

    26. Re:Crimes against humanity by NormalVisual · · Score: 1

      You can't prove who started it, but they're pretty sure it was those other fuckers (probably over some cow grazing in the wrong field).

      That actually would make a great premise for a Monty Python-style comedy about a war that's gone on for years.

      --
      Please stand clear of the doors, por favor mantenganse alejado de las puertas
    27. Re:Crimes against humanity by UnknownSoldier · · Score: 1

      > Without profits, there is no incentive to do any R&D.

      1. /cynical So basically profiting off people's suffering is OK. Got it.

      2. ./sarcasm Because money is the ONLY motivation to find a cure. Riiight.

      Money needs to be REMOVED from Big Pharma.

    28. Re:Crimes against humanity by sjames · · Score: 1

      OTOH, the entire electronics industry manages plenty of R&D on far smaller margins.

      Consider, at $148K/year/patient, I'd be shocked if they're not pulling in over a billion a year. Quite possible 10 billion a year (the conditions it treats aren't rare).

    29. Re:Crimes against humanity by hdyoung · · Score: 1

      The industries profits are fairly reasonable, if I remember. I don't have a citation, but I think that the profit margins in the pharmaceutical industry aren't really all that high. Despite the Shkreli's of the world, drug makes are generally not lighting cuban cigars with gold plated yachts. Modern drugs require expensive facilities, well-paid scientists, and very exacting manufacturing facilities. Oh, and only 1 out of 10 actually makes money.

    30. Re:Crimes against humanity by ShanghaiBill · · Score: 2

      1. /cynical So basically profiting off people's suffering is OK. Got it.

      Farmers profit from people's hunger.

      2. ./sarcasm Because money is the ONLY motivation to find a cure.

      Money is not the only motivation, but it is the most effective motivation.

      Money needs to be REMOVED from Big Pharma.

      What do you intend to use as a replacement.

    31. Re:Crimes against humanity by ShanghaiBill · · Score: 1

      Every successful drug has to support the R&D for the 90% that are unsuccessful.

    32. Re:Crimes against humanity by sjames · · Score: 2

      Also true in other industries.

    33. Re:Crimes against humanity by PopeRatzo · · Score: 3, Insightful

      What I cannot fathom is someone paying tens or hundreds of millions for a clinical trial.

      The numbers that get thrown about regarding the cost of conducting clinical trials are inflated by thousands of percent. Profits are disguised as costs. It's a huge scam. Plus, much of the cost of clinical trials in the US is subsidized by the taxpayers.

      --
      You are welcome on my lawn.
    34. Re:Crimes against humanity by ShanghaiBill · · Score: 1

      Also true in other industries.

      Are 90% of construction projects complete failures?
      Do 90% of car factories produce no cars?
      Do 90% of software projects ... ok, I will give you this one.

    35. Re:Crimes against humanity by F.Ultra · · Score: 1

      More importantly, are 90% of pharma projects unsuccessful?

    36. Re:Crimes against humanity by Pseudonym · · Score: 1

      It probably depends what you mean by "project". I doubt that 90% of "failed" projects cost anywhere near the same as a "successful" project becaus most fail early.

      I also suspect that most new pharmaceutical projects don't originate within a pharmaceutical company, but rather within academia.

      --
      sub f{($f)=@_;print"$f(q{$f});";}f(q{sub f{($f)=@_;print"$f(q{$f});";}f});
    37. Re: Crimes against humanity by MidnightBrewer · · Score: 1

      You're assuming that they're the original company that did the R&D and that they didn't subsidize it with public funding (which can cover 80% of those costs). They may have just as likely bought out another company that did the actual work and are now cashing in on the results. It's the far more common way these things are done.

      --
      "Give a man fire, and he'll be warm for a day; set a man on fire, and he'll be warm for the rest of his life
    38. Re:Crimes against humanity by apoc.famine · · Score: 1

      Not really.

      "Pharma bro" scammer Martin Shkreli has been sent to a federal prison in New Jersey to serve the remainder of his seven-year sentence after being denied his request for a minimum-security federal camp.......The prison is located on the U.S. military base at Fort Dix, about 80 miles from New York City, where Shkreli lived, and 30 miles from Philadelphia. It houses 3,945 inmates.

      --
      Velociraptor = Distiraptor / Timeraptor
    39. Re:Crimes against humanity by MidnightBrewer · · Score: 5, Informative

      We already fund up to 80% of pharmaceutical R&D through our taxes. You forget that the pharmaceutical lobby is the most powerful one in Washington. It's a rigged system and we pay the price. Privatize the profits, socialize the losses.

      I live in Japan, where the government is allowed to negotiate prices and can declare certain things (such as MRIs) benefits to the common good and therefore mandate that they be made cheaply available. Finally, drug patents only last for three years. One of the reasons the TPP would be bad news for the other countries: the US wants everyone to extend the patents to 12.

      --
      "Give a man fire, and he'll be warm for a day; set a man on fire, and he'll be warm for the rest of his life
    40. Re: Crimes against humanity by PopeRatzo · · Score: 3, Informative

      Source? Of course you don't have knee because your lying.

      OK...I'd think by know you ACs would know better than to challenge me.

      This one is to show R&D and clinical trial costs are inflated.

      https://www.npr.org/sections/h...

      And this one is to show that profit is being reported as costs when a pharma does R&D and clinical trials (this one might be behind a paywall for you).

      https://www.nature.com/article...

      Forbes did a survey of 100 pharmaceutical companies. The average estimate they gave for the cost of developing a new prescription drug and bringing it to market was $5 billion (with a "b"). It turns out that the average new drug costs $30-40 million for R&D plus clinical trials.

      --
      You are welcome on my lawn.
    41. Re:Crimes against humanity by currently_awake · · Score: 1

      1-Mandatory Generic Licencing. The Patent on your expensive new drug allows anyone to make generic copies. You (the patent holder) get half the total revenue (pre tax) from the generic copies, with no copies sold below cost. The drug companies still get their return on investment, but without the ability to gouge the patients on life saving medicine. 2-Allow people to inport drugs from poor places where those same drugs are sold at one tenth the price. It's the same drugs, probably made in the same factory, so why can't you legally buy it?

    42. Re:Crimes against humanity by sjames · · Score: 1

      How many electronic product designs last 20 years? (put another way, how many Pentiums do you suppose Intel will sell this year? How many PIII?

      How many attempts at a blue LED failed miserably? or white? When's the last time you shopped for RAMBUS memory? Or bubble memory?

      How many revisions do you suppose a new car frame goes through until one doesn't flunk the crash test?

      How much research do you suppose went into the rotary engine?

    43. Re:Crimes against humanity by currently_awake · · Score: 1

      It is known that most drug companies spend more on advertising then they do on research.

    44. Re:Crimes against humanity by ShanghaiBill · · Score: 2

      More importantly, are 90% of pharma projects unsuccessful?

      Way more than 90% fail. But most fail early, before any clinical trials, and don't cost much. Of those that make it to clinical trials, 80-90% fail, depending on how you measure it. But clinical trials are run in phases, so a cancellation after "phase 1" means phases 2 and 3 are never run.

      Citations:
      The high price of failed clinical trials
      Why too many clinical trials fail
      A new look at clinical success rates

    45. Re:Crimes against humanity by currently_awake · · Score: 1

      Drug research should be done by the government because: Poor people use more drugs and healthcare than rich people (because lifestyle/preventative stuff/checkups etc). Government pays the bills for most poor people, therefore having the government do the drug research and make the pills would save everyone (mostly the rich) money.

    46. Re:Crimes against humanity by sjames · · Score: 1

      OK, it appears his stupid bounty on Hillary's hair cost him a bit. But since it is low security, most of his fellow inmates are still going to be well in to the upper middle class.

    47. Re:Crimes against humanity by currently_awake · · Score: 1

      Can Trump? If America cut their military budget in half and told Nato to pull their weight, they would.

    48. Re:Crimes against humanity by amiga3D · · Score: 1

      Better than that, just remove the patent on the drug. I guarantee the greedy fuckers will scream like you did hang them.

    49. Re:Crimes against humanity by kqs · · Score: 2

      Every successful drug has to support the R&D for the 90% that are unsuccessful.

      True. On the other hand, drug companies have some of the highest profit margins of any industry, and they spend far more on marketing than they do on R&D. So, it seems like R&D isn't a huge part of expenses, which really weakens your point. (A quick bing shows 17% of costs are spend on R&D.)

    50. Re:Crimes against humanity by apoc.famine · · Score: 1

      I'm not so sure about that. From there, we've got mobsters, child molesters, drug kingpins, racketeers, arsonists, terrorists, etc.

      Sure it's low security, but it's not upper middle class, that's for sure. Dude is going to be getting friendly with people who he never, ever wanted to be within miles of.

      --
      Velociraptor = Distiraptor / Timeraptor
    51. Re:Crimes against humanity by ShanghaiBill · · Score: 1

      Drug research should be done by the government because ...

      That is the way most of the world does it. American is the exception. America has 5% of the world's population, but creates about 60% of all new drugs and medical devices. Do you really think we should "be like everyone else"?

    52. Re:Crimes against humanity by Pseudonym · · Score: 1

      Europe doesn't need to elect a next Mussolini because a Berlusconi is a more effective kleptocratic mismanager in the modern economy.

      --
      sub f{($f)=@_;print"$f(q{$f});";}f(q{sub f{($f)=@_;print"$f(q{$f});";}f});
    53. Re:Crimes against humanity by Aristos+Mazer · · Score: 1

      In the USA, yes. Check around for a "compounding pharmacy" or "apothecary". Yes, we actually still have those. I thought it was a bit medieval when I went to one, but it was very helpful reformulating some medication into a more usable form when I was having trouble swallowing.

    54. Re: Crimes against humanity by Archangel_Azazel · · Score: 1

      Depending on how one wants to arrange the language, one could say Viagra was a "failure". It was supposed to be a blood pressure medication.

      Not that they would EVER try to play both sides of that or anything, that would be unethical. They always play by the rules!

      --
      Your mind is like a parachute. It works best when it's been opened.
    55. Re: Crimes against humanity by Archangel_Azazel · · Score: 1

      Because fuck you is why. We hold $$ in higher esteem than life. Not really that hard to conceptualize.

      --
      Your mind is like a parachute. It works best when it's been opened.
    56. Re: Crimes against humanity by Archangel_Azazel · · Score: 1

      Was going to mention that case, you beat me to it

      --
      Your mind is like a parachute. It works best when it's been opened.
    57. Re:Crimes against humanity by djinn6 · · Score: 1

      America has 5% of the world's population, but creates about 60% of all new drugs and medical devices.

      If I recall correctly, American life expectancy is still way below first world average. What's the point of the new drugs if people are still dying left and right, and paying more for the privilege?

      Not to mention the rest of the world has access to those new drugs anyways, and they pay less for it. Why are we footing the bill when they don't have to? No drug exports should be sold for less overseas than in the US.

    58. Re:Crimes against humanity by Maxo-Texas · · Score: 1

      No, we know we are not paying the R&D costs. We are paying executive salaries, dividends, and some really incredible advertising costs plus markup to the best yield curve point. If they can make $111 million and 5 people die because they can't afford the drug but $200 million and 95 people die because they can't afford the drug, then the price is set at $200 million.

      Children died because of the price increase for the epipen *years* after it had been on the market at a highly profitable price. After they increased prices 12x+ almost without warning, it took 2 years for the free market to develop a replacement which costs 1/2 what they were originally charging (1/24th what they were charging).

      The R&D argument is complete bunk.

      Two of my drugs that cost $600 per year cost $74 per year in all of the EU.

      One of my drugs which sells for $5 per pill in the U.S. is $.10 in India and China.

      --
      She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
    59. Re:Crimes against humanity by Maxo-Texas · · Score: 1

      U.S. life expectancy is about a year less than UK and two years less than Canada.

      It's *great* that we invent the new drugs-- but not great that only rich people get to buy them.

      If you are in the top 2% income, then the american health care system is the greatest in the world.

      If you are in the bottom 98% income, then the american health care system is literally killing you, and your children years earlier than in many other countries. And often after bankrupting you first.

      --
      She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
    60. Re:Crimes against humanity by thegarbz · · Score: 1

      they weren’t a little guy like him

      Here, right here, where you labelled a multi-millionaire CEO as a little guy is where you lost the remaining pittance of a credibility you had left after that garbage apologist post.

    61. Re: Crimes against humanity by reanjr · · Score: 1

      Because shenanigans aren't illegal.

    62. Re: Crimes against humanity by Anonymous Coward · · Score: 2, Informative

      The npr.org link discussion is not that clear cut as you make it sound. You mention "thousand percent" (ten times), and the npr.org link mentions (650+100) versus industry claiming 2800. That is barely 4 times larger.

      I just fast looked up how other companies are doing, and got: http://fortune.com/2016/06/08/fortune-500-most-profitable-companies-2016/ - where is only one pharma as far as I can tell.

      So, I am not sure why people are thinking that phrama's are "that bad", and I always sense a big sense of "entitlement" from the people complaining. I have worked indirectly with people in bio-tech and there are many failures, lots of money that should not have been spent, failed research and so on.

    63. Re:Crimes against humanity by ShanghaiBill · · Score: 1

      If I recall correctly, American life expectancy is still way below first world average.

      That is a completely different issue. The American healthcare system sucks. But medical R&D is one area where it excels. Healthcare in Canada and Europe is cheap and effective because they benefit from medical research done in America and paid for by Americans.

    64. Re:Crimes against humanity by sjames · · Score: 1

      They're all upper middle class, just not the ones you'd want for a neighbor. All well able to afford his overpriced drugs.

      I wouldn't want Shkreli as a neighbor either.

    65. Re: Crimes against humanity by sjames · · Score: 1

      I never said being an ass was illegal. If by 'authoritarian' you mean I frown upon ripping people off, then I suppose so.

      Since you seem to be comparing, I suppose you support ripping people off?

    66. Re: Crimes against humanity by sjames · · Score: 1

      So, since he is driving my insurance premiums up to fund the research, when the breakthrough comes, I may expect a big fat dividend check, right? The money absolutely won't find it's way into his pockets instead, like all that investor money?

    67. Re:Crimes against humanity by Applehu+Akbar · · Score: 1

      Without profits, there is no incentive to do any R&D. Pharmaceutical companies are not charities.

      Intel spends just as many billions to float a new processor as any pharma company, yet it can make large profits without extortionate pricing. The reason is that electronics is a TRUE capitalist market, with competition as well intellectual property. Pharma companies, like many other areas of medicine, have an engrained culture of monopoly which buys legislation to make competition illegal. As an IT man, I can advise my customers to shop on the world market for competitive prices; doctors have no choice but to prescribe within a monopoly system.

      Medicine does not really fear socialism, because any system of governmental controls can be gamed by rent-seeking large corporate players. What it really fears is someone opening up medicine to a free market.

    68. Re:Crimes against humanity by cthulhu11 · · Score: 1

      We do this with a med my son takes. Insurance won't cover it without wasting months on "step therapy" using cheaper meds that have been medically demonstrated won't work for him. So we buy the adult dose OOP and split it in 4. We shouldn't have to.

    69. Re:Crimes against humanity by sixsixtysix · · Score: 1

      At the very least, integrate all branches of the armed forces. So much wasteful redundancy.

      --
      ...
    70. Re: Crimes against humanity by HornWumpus · · Score: 1

      Of course they don't, but they also deny starting WWII allied with the Germans, invading and splitting 4 nations between them. Take what they say with a HUGE grain of salt.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    71. Re:Crimes against humanity by DutchUncle · · Score: 1

      Nothing wrong with "profit". What's wrong is that they were ALREADY making a profit, and would CONTINUE making a profit, and instead of trying to make more profit by encouraging more use (through more people being able to afford the smaller doses if it's enough for them), they blatantly profiteered on the existing sales. Keeping prices the same, many people win; instead the company insisted on one-winner-take-all.

    72. Re: Crimes against humanity by david_thornley · · Score: 1

      The diplomatic history is interesting. Before WWII, the Soviets were negotiating with Britain and France for mutual defense treaties. The Western Allies did not take the negotiations seriously. The British envoy, in particular, had no authorization other than to pass things to and from the Foreign Ministry in London. There were other problems in the negotiations, and after a short while the Soviets decided to negotiate a non-aggression and economic treaty with Germany.

      So, there's good reasons the Soviet Union started as a German ally.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    73. Re:Crimes against humanity by david_thornley · · Score: 1

      The Armed Forces are integrated. There are different arms of service largely because different jobs require very different approaches.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    74. Re: Crimes against humanity by sjames · · Score: 1

      You're going to have to be explicit about the false equivalence there, I'm not seeing it.

      BTW, I don't do lunch.

    75. Re:Crimes against humanity by pnutjam · · Score: 1

      How many of those "new" drugs and devices are just retreads chasing money, another boner pill, another slightly different stent, etc...?

    76. Re: Crimes against humanity by HornWumpus · · Score: 1

      They wanted the Baltic states?

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    77. Re: Crimes against humanity by HornWumpus · · Score: 1

      Also: Why would anybody agree to a mutual defense treaty with an aggressive advisory? If the Ruskys were on their own, it was their choice.

      How much money and people did the Ruskys send into the rest of the world between the wars in an attempt to spread their toxic philosophy? Why would any nation agree to defend another that was funding bomb throwers and propaganda levels unseen in the 21st century?

      In the 1920s and 30s, 'social evolution', 'late stage capitalism' and other commie tropes weren't the dumb, bad jokes they are today. Some people might have sincerely believe them, sure they were the dumb ones, but still.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    78. Re: Crimes against humanity by david_thornley · · Score: 1

      They did. A look at the map shows that a foreign power in control of Estonia would be very dangerous to Leningrad (to use the period name) and a lot of industry and manpower. Historically, the Soviets controlled the Baltic states and the Germans still got to the outskirts of Leningrad.

      The Soviets had a legitimate security concern that Germany might move into the Baltic states to prepare an attack against the Soviet Union. The British and French simply refused to consider that and didn't offer any other suggestions. Would the Soviets have been satisfied by treaty commitments to attack Germany in case any foreign troops entered the Baltic States? We'll never know, because the West refused to consider any such possibility.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    79. Re: Crimes against humanity by HornWumpus · · Score: 1

      Historically, Estonia and much of Poland was run/owned by a rich ethnically German elite. That was certainly true just before WWII.

      Again, why would the Soviets expect support from nations they were in the process of undermining (fourmenting revolution)?

      It should have fell to Estonia/Latvia/Lithuania/Poland to get mutual defense treaties, so they would be defended if the Germans OR Soviets invaded. But that's more or less how WWI started, so not ideal.

      Poland had a mutual defense treaty with France and England, it wasn't worth the paper it was printed on. The counterparties should also have declared war on the Soviets?

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    80. Re: Crimes against humanity by david_thornley · · Score: 1

      So, what you're saying is that the Soviets had good reason to worry about Estonia being turned pro-German to the point that it would let German troops in. That's what the Soviets feared. They didn't want Estonian support, but they really didn't want Estonia giving Germany a jump start towards Leningrad. That's what the British and French either didn't understand or didn't care about. We don't know if alternatives would have been acceptable, because none were proposed.

      I haven't read the treaty between Britain, Poland, and France, but I've read that it required declaring war on whoever attacked Poland, not whoever joined the invasion later. In any case, a declaration of war on the Soviet Union would have accomplished nothing. There were some pathetic attempts on the British part, primarily, to set up an attack on the Soviets.

      The treaty did what it was intended to do. When Germany invaded Poland, France and Germany declared war on Germany and started attacking. The attacks were largely ineffectual, and not pressed hard, but then Poland didn't hold out nearly as long as planned. There was no way France was going to take the Moselle Triangle before the historical Polish defeat.

      The only real problem with that treaty was that Hitler didn't believe France and Britain would honor it. I doubt that knowing that would have stopped him, but I've wondered what would have happened if Poland had a regiment of French troops and a squadron of Hurricanes to serve as tripwires (to use the modern term).

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    81. Re: Crimes against humanity by HornWumpus · · Score: 1

      The Germans would have faced an entirely different calculus if the Russians weren't marshalling to invade _with_them_. They would have eventually attacked, but it would have been more directly at the Soviets. Russian land gains weren't much good to them. Just made the people there hate the Ruskys. Remember the Germans were greeted as liberators in the Ukraine.

      The Brits and Frogs declared 'phony war', then sat on their asses in their incomplete defensive lines. Lots of good that did the poles.

      'Joined the invasion later'...I call bullshit. Just because they had to drive over Latvia to get to Poland does not qualify as 'joining later'.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    82. Re: Crimes against humanity by david_thornley · · Score: 1

      As far as your first paragraph, yes. That's why I think the British and French should have made a serious effort to get an alliance with the Soviet Union. (Of course, the Germans accomplished the monumental feat of making Stalin look good to Soviet citizens.)

      The phony war came after Poland was defeated. The French did launch an offensive against the Moselle Triangle at the start of the war. It was unimpressive, largely because the French Army was still mobilizing, and didn't yet have what it needed for an offensive operational. Had Poland been able to hold out longer, the West might have gotten an actual threat going.

      The Soviets did in fact enter Poland later than the Germans, pretty much after Poland had lost.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  2. Just because you can doesn't mean you should. by Known+Nutter · · Score: 3, Insightful

    Much of what is wrong in the world is represented in this story. I get it.. recovery of R&D costs, profit, all of that. This seems to go far beyond the pale, though.

    --
    Beware of the Leopard.
    1. Re:Just because you can doesn't mean you should. by OrangeTide · · Score: 1

      If profit can be had and they don't do it, then shareholders will come after them with lawyers.

      --
      “Common sense is not so common.” — Voltaire
    2. Re:Just because you can doesn't mean you should. by DontBeAMoran · · Score: 1

      Some markets should not be driven by shareholders. This is one area where government spending would benefit everyone.

      --
      #DeleteFacebook
    3. Re:Just because you can doesn't mean you should. by Anonymous Coward · · Score: 1

      That's not how it works, that's just an excuse. And we could, and should, still send the hangman after any "shareholders" demanding such actions.

    4. Re:Just because you can doesn't mean you should. by Known+Nutter · · Score: 1

      Then the shareholders and investors own the shame, too. Not that many would care, I agree. But take a look at this example, where investors urge Apple to do more to protect children from smartphone addiction. Such things could have potential impact to "profit", but one could reasonably state that it's the right thing to do.

      --
      Beware of the Leopard.
    5. Re:Just because you can doesn't mean you should. by quantaman · · Score: 1

      Then the shareholders and investors own the shame, too. Not that many would care, I agree. But take a look at this example, where investors urge Apple to do more to protect children from smartphone addiction. Such things could have potential impact to "profit", but one could reasonably state that it's the right thing to do.

      I doubt the investors think there's any real risk to their bottom lines. The moment there's money to be made it's easy to rationalize an action. In this case it's actually pretty easy, the drug was priced based not on raw materials but to recoup R&D + profit. So if people suddenly discover the correct dosage is only 1/3rd as much as before then the correct action is to triple the price of the product. Heck, it means your product was 3x as effective as people thought!

      People hold up Shkreli as the poster boy but he's really a distraction making people think the problem is that sociopaths are in change. The problem is that capitalism is a terrible system with which to deliver health care, pharmaceuticals included.

      --
      I stole this Sig
    6. Re:Just because you can doesn't mean you should. by Nutria · · Score: 1

      I get it.. recovery of R&D costs, profit, all of that.

      Or do you?

      1. How many years of labor by a huge team of specialists did it take to develop this drug?

      2. How much does it cost to make each dose?

      3. How big is the pool of patients who take the drugs?

      --
      "I don't know, therefore Aliens" Wafflebox1
    7. Re:Just because you can doesn't mean you should. by epyT-R · · Score: 1

      The problem is that governments can't seem to balance a budget.

    8. Re:Just because you can doesn't mean you should. by Actually,+I+do+RTFA · · Score: 1

      If profit can be had and they don't do it, then shareholders will come after them with lawyers.

      That's patently untrue. Counterexample 1: Amazon leaves a lot of cash on the table.

      --
      Your ad here. Ask me how!
    9. Re: Just because you can doesn't mean you should. by nnull · · Score: 1

      They could just stop making the drug all together then no one gets it.

      I wouldn't want to get into any medical industry because it's like a gun pointed at your head with a bunch of people demanding you manufacture for free, work basically for free and give it to them for free.

      I really don't know the full story here about why the drug costs so much, but there has to be some reason for it. I like to get away with high margins too, but perhaps they're not getting high margins or they're getting 10000% margins, I don't know.

    10. Re:Just because you can doesn't mean you should. by Known+Nutter · · Score: 1

      I figure those things were calculated in the original price. Where do those three items fit in with tripling the price of the drug?

      --
      Beware of the Leopard.
    11. Re:Just because you can doesn't mean you should. by Sique · · Score: 1

      The problem is that governments don't need to balance the budget. Actually, it's not a problem at all. Some do balance the budget (Bill Clinton for instance between 1994 and 2000), others don't.

      --
      .sig: Sique *sigh*
    12. Re:Just because you can doesn't mean you should. by Nutria · · Score: 1

      If you chop the "sale price" by cutting the dosage, then you chop the company's income, thus extending the time that it takes to recoup the R&D costs (which wasn't free money).

      --
      "I don't know, therefore Aliens" Wafflebox1
    13. Re:Just because you can doesn't mean you should. by fahrbot-bot · · Score: 1

      If profit can be had and they don't do it, then shareholders will come after them with lawyers.

      And... If there's any poetic justice, some of them will get cancer and then not be able to afford the drug. (fingers crossed)

      --
      It must have been something you assimilated. . . .
    14. Re: Just because you can doesn't mean you should. by xvan · · Score: 1

      and we'll happily fund the countless failures in the hopes of an eventual win

      Do you? Really? I thought big pharma were the ones putting the money.

    15. Re: Just because you can doesn't mean you should. by JaredOfEuropa · · Score: 1

      Most of these drugs aren't hard to make. In some cases, local apothecaries have said "FU" and started to make such drugs on their own when the manufacturer raised prices. So what's stopping others from making these drugs? Intellectual Property laws, that's all. Laws that originally were designed to serve the public rather than inventors and authors. These laws can me changed so that this original purpose can be served once again. Are you found to have engaged in price gouging? Congratulations, your patents are now null and void.

      Sadly, the reality is that IP laws have become the subject of international treaties rather than national law, and (as we have found on several occasions) these treaties are heavily influenced by entities with a vested interest in the existing system. So I expect no sweeping changes. However in case of medicine, I expect the practice of not prosecuting violators of IP laws to grow along with the growing practice of price gouging.

      Keep in mind that in many cases, the price of these medicines is in large part due to costly ingredients. Even the ones produced illegaly by farmacists can still cost upward of $100.000 per patient for a yearly supply. Manufacturers can't help that. And sure, research is expensive and those costs have to be recouped, but I lost a lot of sympathy for that viewpoint when I learned that many of the large pharmaceutical companies spend (far) more on marketing than on R&D

      --
      If construction was anything like programming, an incorrectly fitted lock would bring down the entire building...
    16. Re:Just because you can doesn't mean you should. by Anonymous Coward · · Score: 1

      I figure those things were calculated in the original price. Where do those three items fit in with tripling the price of the drug?

      The original price was quite likely based on expected consumption rates at a dose of four pills per day. What they found was one larger dose once per day was just as effective. With consumption now 1/3rd of what they calculated the price triples to make up for the expected reductions in income.

      I remember seeing this in the US Air Force buying new airplanes. The companies that built them quoted a price of something like $250 million per plane if the government bought 1000 of them. The government thought that was too much, so they lowered the order to 800. Now the makers said the planes cost $300 million each. The government still thought that was too much, so they lowered the order to 600 planes. Now the price went up to $350 million.

      With something like a small pill that is weighed in milligrams the material cost per pill is likely quite small. The real cost is in the R&D, labor, capital, and so forth. If the company invested billions of dollars in a facility to make the pills, and needs a few hundred people to run the place, then the costs to operate are effectively the same whether they produce a single dose or a billion of them.

      These pills aren't 15 ton jets, they are tiny little pills with no real material costs but with a lot of money turning that material into very specific molecules that took a lot of research to create. Kind of like how my high school art projects have no more material costs than something from a professional artist. Why should that professional be paid any more than I would for the same amount of wood, canvas, and paint?

      There's an old joke in a number of variations where there was a professor, engineer, or scientist doing work on a complex problem, producing a solution as chalk marks on a wall or blackboard. The guy would charge $1000 for what appeared to be of little effort. The people demanded an explanation for the high price. The response was $1 for the box of chalk, $999 for knowing how to make the marks.

    17. Re:Just because you can doesn't mean you should. by fahrbot-bot · · Score: 1

      I figure those things were calculated in the original price. Where do those three items fit in with tripling the price of the drug?

      Corporate economics. Patients are using less so they jack up the price to maintain revenues. It's not based on need, but want - aka: greed.

      For example, look at the grass/weed killer RoundUp. A 32oz bottle of regular concentrate costs about $19. The same size bottle of "Extended Control" (prevents growth "up to" 4 months) concentrate is about $33 and the same size bottle of "Max Control 365" (prevents growth "up to" 1 year) is about $45. (from experience, the "up to" parts are generous on their part) The chemical formulation is not that much different, almost certainly not enough to justify the price difference, but consumers can buy it less frequently so the price is higher to compensate for fewer sales.

      --
      It must have been something you assimilated. . . .
    18. Re: Just because you can doesn't mean you should. by sjames · · Score: 1

      Often, they only come in after grant funded research finds a promising drug. The grant funded failures are on the public dime.

      That's not to say that there is no risk to the company. Not all promising drugs pan out, but it's not as if they take all of the burden on.

    19. Re: Just because you can doesn't mean you should. by kenh · · Score: 1

      How is it that Bill Clinton (without ANY prodding from Newt Gingrich and the House & Senate republicans that shut the government down THREE TIMES to force bill to reform welfare and other entitlements) 'balances the budget' yet the national debt increased every day of his presidency?

      --
      Ken
    20. Re: Just because you can doesn't mean you should. by jd · · Score: 1

      No, they don't. The NIH funds a lot of the work via your taxes and the rest is made up by hiking the prices you cough up. YOU pay. Not them.

      --
      It's a small world and it smells funny; I'd buy another if it wasn't for the money; Take back what I paid (SoM)
    21. Re:Just because you can doesn't mean you should. by F.Ultra · · Score: 2

      You cannot go after a company with lawyers when you feel that they don't make as much profit as you think they could. What you do is raise the question at the shareholders meeting and hope that you get a majority of the stock votes in favor of your suggestion to steer the company in a different direction. No company is legally required to provide as much profit as possible to it's shareholders, that is just a myth that for some reason is common here on Slashdot.

    22. Re: Just because you can doesn't mean you should. by F.Ultra · · Score: 1

      So manufacture for free, work basically for free and give it to them for free is the reason why e.g AstraZeneca had a core operating profit of $6.9bn for 2017? And that out of a Total Revenue of $22.5bn which means that they have a profit margin of 30%, I think that you currently work for a company that have a much lower profit margin than what they have.

    23. Re: Just because you can doesn't mean you should. by kqs · · Score: 1

      Do you? Really? I thought big pharma were the ones putting the money.

      They are, but they only spend 17% of their revenue on R&D. Which is less than they spend on marketing.

      So they really are not spending that much on R&D.

    24. Re: Just because you can doesn't mean you should. by AceViper · · Score: 1

      Interest on the national debt would continue to accrue, even if no new debt was added due to a balanced budget.

    25. Re:Just because you can doesn't mean you should. by AceViper · · Score: 1

      I like Amazon, but just because a company appears to leave cash on the table, doesn't mean they actually are.

      The math can be done to show that giving refunds generously or offering free return shipping, while costly, can actually be profitable as it can lead to additional sales. Actions like this can be done even if the company's only motivation is increasing shareholder value.

    26. Re:Just because you can doesn't mean you should. by djinn6 · · Score: 1

      from experience, the "up to" parts are generous on their part

      Ah, one of the most ingenious inventions in marketing. "Up to" just means "less than or equal to". The only thing "prevents growth up to 1 year" is promising is that it will most definitely not last longer than 1 year. Meanwhile, if it faded out in 2 minutes, that would be perfectly acceptable.

    27. Re:Just because you can doesn't mean you should. by MobyDisk · · Score: 1

      I'm confused here. If the doctors found that a 1/4 of the dose was just as effective as a full dose, that means the pharmaceutical company would be selling 1/4 of the drug, and making 1/4 of the sales. That might mean that they can no longer afford to manufacture the drug. So are they not forced to raise the prices to compensate? (Hmmm, supposing that 25% of the cost was manufacturing and 75% was payback of R&D, then maybe they only need to raise the price 3x to break even again.) In the end, everyone wins here: The manufacturer makes the same amount of money, the patients can use a lower dosage which is usually safer and more free of side-effects, and the patients pay the same amount.

      ...smaller doses would for most patients work as well as the large ones...

      On second thought, if it only worked for "most patients" then "most patients" would reap the benefits, but the rest would have to pay a higher cost. That does sound unfair. Maybe they should charge the same amount regardless of the dosage? Would that compromise keep the company in business, while not screwing those people who need the high dosage?

    28. Re: Just because you can doesn't mean you should. by MobyDisk · · Score: 1

      So why don't the grants stipulate that the IP become public?

    29. Re: Just because you can doesn't mean you should. by sjames · · Score: 1

      Because our representatives are well wined and dined to keep the gravy train running.

    30. Re:Just because you can doesn't mean you should. by Khashishi · · Score: 1
    31. Re: Just because you can doesn't mean you should. by MobyDisk · · Score: 2

      I betcha that nobody would be willing to take the grants. Here's why: The grants don't pay 100% for the research. The IP pays for the rest.

      Universities often pool multiple grants together to pay for research. Some of those grants are public, some are private. The research school may then license or sell the IP to a corporation. So the research universities would not be willing to take a grant if it required the IP to be made public. Perhaps they would, but only if the grant paid a lot lot more. The grants I am familiar with are small - on order of thousands or tens of thousands of dollars, rather than the millions it may actually take. So it isn't just the corporations who benefit from the patent system, it's the research schools too.

      Then of course, if the grant required the IP to be public, then corporations might not give grants. Because the corporation may have to spend hundreds of millions of dollars to get the drug to market, even after the research phase is done. Unless the government pays for that too, the corporation needs the IP.

      It's much more complicated than "government grant pays for research then corporation snipes research and makes money." Personally, I don't think the US Federal Government is the right place to be deciding what research is likely to result in a successful drug or not. That's essentially nationalizing science. What we have now is a compromise: a system where they incentivize research that is in the public interest, until such point that a company is willing to take on the risk, which seems like a reasonable balance.

    32. Re:Just because you can doesn't mean you should. by F.Ultra · · Score: 1

      Of course I have never been sued, I live in a country where you don't solve every single dispute in court (and having losing side always have to pay both sides costs also reduces the number of frivolous lawsuits quite a bit). I'm not saying that a idiot share holder won't ever try to sue, it's just that they have no legal standing to do so, so the case would be thrown out of court asap. You as a shareholder have willingly bought a piece (i.e share) of the company which gives you one and only one right, the right to vote in a shareholders meeting.

    33. Re: Just because you can doesn't mean you should. by sjames · · Score: 1

      Those fantastic costs you see? Most of it is the marketing campaign, that is, not something the universities do. Next up, the clinical trials. Also not what the universities do. so you can take the bulk of that off the scale.

      Even if a new drug discovery is public information, hiring the researcher's team to help with synthesis and provide a zillion details that won't make it into the scientific paper makes a lot of economic sense for a company wanting to go into production.

      Also keep in mind when you hear about the sunk costs of a failed drug, they don't actually spend the tens of millions on marketing until after the drug passes it's clinical trials. So if a promising drug doesn't work out, it isn't nearly as big a loss as the pharmaceutical industry would have you believe.

      Naturally, it would be the government grants that carry the public requirement,. It does make sense that the public should have an ownership interest in something it funds, just like the corporations want when they fund things.

    34. Re:Just because you can doesn't mean you should. by micahraleigh · · Score: 1

      Could you let Greece, Spain, Italy, Crete, Stockton, and Illinois know they don't need to balance their budgets?

      Presumably people will just keep giving them money forever without limit? Or what exactly?

      And people will keep buy bonds fully expecting a return on their investment after they become totally insolvent?

    35. Re: Just because you can doesn't mean you should. by micahraleigh · · Score: 1

      If drugs are so easy (and research and discover, etc) then why is the US the only place on earth where it happens?

      Shouldn't it be like free money?

      Are drugs not being discovered in Europe because people are tired of all the money they're making over there?

      Or maybe all the diseases over there are just gone ?

      I'm such an ignorant American! I don't even know about the "too much money" problem and the "everything has been solved already" problem.

    36. Re: Just because you can doesn't mean you should. by MobyDisk · · Score: 1

      Those fantastic costs you see? Most of it is the marketing campaign

      No it is not.

  3. And when true drug price controls... by GerryGilmore · · Score: 5, Interesting

    ...come into effect, expect wailing, moaning and cries of "How could it have come to this?!?". Well, dumb-asses, you just HAD to grab that extra dollar just because you could, right? Payback will be a bitch if we ever wake up in this country.

    1. Re:And when true drug price controls... by omnichad · · Score: 1

      this drug does in fact cost $100,000 per year for treatment then demanding the company sell it for $50,000 just means the government demanded the company into bankruptcy

      If the cost of the drug is more down to recovering R&D costs, then it's better to sell it at any price than not at all.

  4. Public interest by RyanFenton · · Score: 5, Insightful

    Lots of folks here are allergic to the idea of the public interest having any role in public policy. I understand where you're coming from - "if it isn't helping me now..."

    But here's the thing - properly funding public research is WAY cheaper than these ruthless extortion tactics we've turned healthcare into for the past few decades.

    I mean, it's crazy cheaper to prioritize a working public healthcare, and yes, research programs.

    As in, most of the rest of the world would consider how we run things a complete joke.

    But somehow, because it involves some sort of public interest at play... it's somehow seen as a threat(?)

    But somehow, these stories after stories of business people deciding to extort folks, with such calculated corporate smiles on their faces are seen as not a threat.

    Which is rather odd - those same folks would see Andy Griffith as a misty memory ideal don't see how basically that's exactly the kind of cruel selfishness personified that he ranted at in half of the episodes of his show.

    It's just so bizarre to see what passes for debate and morality in discussions on Slashdot these days.

    Ryan Fenton

    1. Re:Public interest by Anonymous Coward · · Score: 2, Insightful

      As in, most of the rest of the world would consider how we run things a complete joke.

      As a Canadian I have to say that most of us *do* consider how you guys run things a complete joke and we have been thinking that for quite a few decades now.

      Your two biggest problems are as follow:

      1. You all seem to fear common good for some reason. The word "communism" doesn't mean "Russian" or "poor" or "dictator". Communism is "the philosophical, social, political, and economic ideology and movement whose ultimate goal is the establishment of the communist society, which is a socioeconomic order structured upon the common ownership of the means of production and the absence of social classes, money and the state." - wikipedia

      For example, a lot of civilized countries have universal healthcare. That's communism.

      Trying to have everyone on the same level doesn't mean making everyone live with the bare minimum, modern society already lets poor people live better than kings that lived centuries ago. Sure, not everyone will drive a Ferrari but that's luxury.

      Another thing is that your way of is similar to a spoiled child. You don't care that others don't have anything as long as you get everything. Or it doesn't matter if laws favour the rich because even though you're poor right now you're going to be rich some day.

      2. You have the most ridiculous system of government on the planet. Only two parties, which areas divided between those two parties and the elected people can still vote however they feel while disregarding what the people who voted for them are asking? That's not democracy.

    2. Re:Public interest by Solandri · · Score: 1

      But here's the thing - properly funding public research is WAY cheaper than these ruthless extortion tactics we've turned healthcare into for the past few decades.

      That's only true if you compare public and and private funding for research of the exact same thing - you use 20/20 hindsight to filter out failed research. Without some sort of profit motive to indicate which research has greater benefit to society, public research ends up going off the rails and wasting resources investigating silly things with little value. Both public and private research have their role in contributing to the sum of human knowledge.

      The extortion tactics here are possible because of IP law, and the huge barrier to entry of FDA approval (about a billion dollars per drug, whether it fails or succeeds) which greatly reduces the number of possible drugs which are ever tested. Janssen and Pharmacyclics can hike up the price only because it has a government-granted monopoly (as opposed to a natural monopoly like Microsoft or Standard Oil). It's a failure of government regulation, not a market failure.

    3. Re:Public interest by xvan · · Score: 1

      properly funding public research is WAY cheaper than these ruthless extortion tactics we've turned healthcare into for the past few decades.

      We all want that to be true, unfortunately that isn't the case, and US keeps leading the world pharma innovation
      I hate ruthless capitalism as much as the next guy, but reality is that it keeps outperforming any other system on most serious metrics.

    4. Re:Public interest by Anonymous Coward · · Score: 1

      Lies, damn lies and statistics.
      Seriously.
      That analysis leaves out any hint of context.

      The US pharma business isn't ruthless capitalism, its massive corporate welfare on the back end and ruthless exploitation of the customer on the front end. Big pharma spends about 2x on marketing that they spend on R&D.

    5. Re:Public interest by Anonymous Coward · · Score: 1

      "As a Canadian I have to say that most of us *do* consider how you guys run things a complete joke and we have been thinking that for quite a few decades now."

      As an American I have to say that Canada does not represent "most of the world". Not that it matters what you or "most of the world" thinks about how we run OUR country. There are things about Canada which I dislike, however, I don't feel the need to lecture you about how you run things in your country.

      "For example, a lot of civilized countries have universal healthcare. That's communism."

      Wrong. Please tell me 1. How providing health care to your citizens equals "common ownership of the means of production". 2. Please list one communist country that both has their means of production commonly owned by the people and has good health care for their people. Hint most people do not disagree won't communism because they believe it to be morally apprehensible, they disagree with communism because it NEVER works out as promised to the people.

      "Another thing is that your way of is similar to a spoiled child. You don't care that others don't have anything as long as you get everything. Or it doesn't matter if laws favour the rich because even though you're poor right now you're going to be rich some day."

      Wrong way of looking at things. It doesn't matter if laws originally favor the rich or not. The rich are rich because they are better at exploiting the laws and system to their benefit. They then use this advantage to craft laws in their favor. Even if you start fresh with new laws there will be a class that will exploit them and then rework them to their favor. There will always be classes as long a evolutionary theory continues to function as normal. That's life.

      "You have the most ridiculous system of government on the planet. Only two parties, which areas divided between those two parties and the elected people can still vote however they feel while disregarding what the people who voted for them are asking? That's not democracy."

      Without knowing your argument as to WHY our government qualifies as the most ridiculous on the planet its hard to argue with that meaningless point. Though I can give you a hint as to why "That's not democracy". The American government was never set up to be a democracy and it isn't a democracy. So basically you are saying that we are failing at something we don't even want.

    6. Re:Public interest by Anonymous Coward · · Score: 1

      The word "communism" doesn't mean "Russian" or "poor" or "dictator". Communism is "the philosophical, social, political, and economic ideology and movement whose ultimate goal is the establishment of the communist society, which is a socioeconomic order structured upon the common ownership of the means of production and the absence of social classes, money and the state." - wikipedia

      You forgot the part where they deny your individual rights like property. Many definitions of Communism are clearly written by sympathizers and make it sound more beautiful than what it actually is, omitting important aspects of it to sway more people to this "cause".

      For example, a lot of civilized countries have universal healthcare. That's communism.

      No, that is universal healthcare. Just because a communist system would enforce such practice it doesn't make it inherently communistic. Real Communism is the proposed government system as a whole, not its parts included in any society.

      Trying to have everyone on the same level doesn't mean making everyone live with the bare minimum

      It is what happens when you try to implement it in an already poor civilization, though. See Cuba.

      , modern society already lets poor people live better than kings that lived centuries ago. Sure, not everyone will drive a Ferrari but that's luxury.

      Irrelevant. It doesn't matter if communism could be better than living on the caves our ancestors lived or whatever else in the past, the real question is if it could be better than what we have right now. So far, I'm not impressed even if I ignore the current countries that claim to be communist ones. Marx's theory of a communist country is utopian at best and delusional at worst, but as far as I'm concerned it is a reprovable system that tramples individual rights of people and their families. The people are entitled to the fruits of their hard work and to build what they want to leave as legacy.

      Another thing is that your way of is similar to a spoiled child. You don't care that others don't have anything as long as you get everything. Or it doesn't matter if laws favour the rich because even though you're poor right now you're going to be rich some day.

      You are projecting your own views of America and its government into it. The American people are far more than just the rhetoric of their foreign detractors, especially the ones who have no moral high ground to judge anyone like the ones with their own ideological/religious/nationalistic agendas.
      The laws favoring the rich is a complex problem that cannot be given a simple reason. It is not as simple as people thinking they are going to be rich some day, it is far more complicated than that. We have ideological and practical views on it too, not just the delusional ones like you're painting. Not that I approve such laws, it is just that I don't think it is that easy. Just like how implementing a Communist country would never be that easy as well, it becomes more complex when you bring it into a real scenario.

      You have the most ridiculous system of government on the planet. Only two parties, which areas divided between those two parties and the elected people can still vote however they feel while disregarding what the people who voted for them are asking? That's not democracy.

      Nonsense. America's government system has been a stable one for many years now. It is not perfect, but calling it the most ridiculous system of government on the planet is simply stupid, especially when we have absolute degenerate governments like Theocracies and other real Dictatorships still around. Elected people betraying their electors is part of the human flaw in any democratic system, you will find it really hard to encounter one democracy which doesn't have that human flaw. At the very least, I can tell you a few countries where people like Hillary C

    7. Re:Public interest by MaryannG · · Score: 1

      I have a different idea. Rather than the government developing the drug (something they're not in the business of doing) perhaps the Congress passes a law that allows the government to buy out the patent and license production of the drug to many manufacturers. The buyout allows the original company to recoup their R&D costs, they continue to produce the drug and the spread out competition drives the price down. The government has a one time cost investment in the drug (which is virtually no-risk as the drug has already passed trials and has been shown to be effective) and can act in the public's interest without needing to be involved in producing or researching drugs. We have eminent domain for the government to seize property for the public good...this would be the drug patent equivalent of that.

      --
      Social Media Handywoman at Texas Boys Balloo
    8. Re:Public interest by kqs · · Score: 1

      That's only true if you compare public and and private funding for research of the exact same thing - you use 20/20 hindsight to filter out failed research. Without some sort of profit motive to indicate which research has greater benefit to society, public research ends up going off the rails and wasting resources investigating silly things with little value.

      That's wrong, though your other points are good.

      Public-funded research generally basic research. It's speculative and will not make anyone money (at least not soon), but it moves the boundaries of science forward. Without this, we would never make scientific breakthroughs.

      Private-funded research is "make money soon or we'll cancel you". It takes the public research from the last 30 years and pulls out nuggets which can be commercialized. There is no reason that public research could not do this, but private companies tend to hire researchers (with promising results) away from public institutions to prevent this. Even so, many universities have large patent troves which they use to fund more research.

      A 100% public research system would probably be about as good as (or better than) our current system for cost per result, though it would not be as good in some other dimensions.

    9. Re:Public interest by djinn6 · · Score: 1

      US keeps leading the world pharma innovation... reality is that [the US] keeps outperforming any other system on most serious metrics.

      Do you include "life expectancy" or "cost" in any of those "serious metrics"?

    10. Re:Public interest by xvan · · Score: 1

      US is pretty high on the life expectancy rank
      It's equal Cuba's. If the fat american estereotipe holds true, that speaks of the american curative health system, as Cuba should be one of the best exponents of a good preventive health system.

    11. Re:Public interest by Tom · · Score: 1

      As in, most of the rest of the world would consider how we run things a complete joke.

      "would" ?

      We do laugh about you guys and how much you're allowing yourself to be exploited. Until the laughter freezes in our faces when we realize that our governments are shoulder-deep in your asses and every year more and more of that same crap is starting here.

      So, please, do get your shit together and start exporting some good ideas again.

      --
      Assorted stuff I do sometimes: Lemuria.org
    12. Re:Public interest by wisnoskij · · Score: 1

      As someone who lives in a country with socialized healthcare, I have always found it ironic how everyone makes fun of America until they or their loved ones gets cancer. And then they are all in a rush to find some way to get themselves or their relative to the US to get the best chance for recovery, no matter the expense.

      Socialized medicine does moderately well at setting a few sutures on a scratch. But it seems for life threatening illnesses, there is only one country everyone turns to.

      --
      Troll is not a replacement for I disagree.
    13. Re:Public interest by Moritz+Moeller+-+Her · · Score: 1

      Actually, some people seem to come from Germany for health treatments with its universal health care, e.g. the Russian oligarchs, the Saudi and Kuwaitis and all these poor people. As non-citizens, they generally do pay for their treatment, but they can't be that unhappy or they would not come here. I can assure you, I have more trust in the German universal health-care system than I have in the US system.

      --
      Moritz
    14. Re:Public interest by david_thornley · · Score: 1

      US health care is technically superb. It's also extremely expensive and not available to everyone in the US. There's a lot of medical tourism from the US, because it's often cheaper to go to another continent, pay full price for good medical practice, and take a nice vacation afterwards, than it is to get a procedure done in the US.

      Socialized medicine is much cheaper and produces better overall results than the US "system".

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  5. This is the economic system... by VeryFluffyBunny · · Score: 5, Insightful

    ...that so many Americans identify with and defend patriotically and decry anything else as Socialism/Communism/government overreach. This is the free market and minimal regulation at work, doing what it's supposed to do, regardless of anything except profits and share prices, and you vote for it like true patriots every few years.

    --
    Debate is a form of harassment. Do not question my truth.
    1. Re:This is the economic system... by Anonymous Coward · · Score: 4, Interesting

      Except it's not the free market, because this only happens due to a government granted monopoly on the drug formulation (i.e. the patents).

    2. Re:This is the economic system... by fahrbot-bot · · Score: 3, Insightful

      ...that so many Americans identify with and defend patriotically and decry anything else as Socialism/Communism/government overreach. This is the free market and minimal regulation at work, doing what it's supposed to do, regardless of anything except profits and share prices, and you vote for it like true patriots every few years.

      "'Money before people', Ted, it's the company motto, written right on the lobby floor. It just looks more heroic in Latin."
      -- Veronica Palmer, Better Off Ted, Season 1, Episode 4.

      --
      It must have been something you assimilated. . . .
    3. Re:This is the economic system... by Anne+Thwacks · · Score: 1
      It is a bought and paid for government with full voter consent. It doesn't get more 'free market' than that.

      Free? It looks bloody expensive tome!

      --
      Sent from my ASR33 using ASCII
    4. Re:This is the economic system... by thrich81 · · Score: 1

      We don't know what is the drug company's return on investment it "demanded' for developing the drug or what they need to recoup investment. We do know that most companies (especially those with monopolies) tend to price whatever the market will bear. The cost of developing this drug is a sunk cost and, in isolation, according to simplistic economics should have no bearing on its present price. The present cost has a floor of only what it takes to manufacture the drug and a ceiling which is in principle unlimited, set only by what the customers are willing to pay. The pharmaceutical industry has a bad reputation for extorting money out of desperate or uninformed customers well after development costs of a drug have been recovered (example, Mylan and the Epipen).
      The whole drug price situation is complicated because the end user rarely pays the cost directly -- that is either an insurance company or the government, and both of them have powerful political pressures not to push back too hard on drug prices.
      In other industries where the government pays a lot for the product (military contracting) the vendors are subject to intense financial oversight to see where the money goes -- perhaps the pharma companies should get the same treatment.

    5. Re:This is the economic system... by VeryFluffyBunny · · Score: 1

      In other industries where the government pays a lot for the product (military contracting) the vendors are subject to intense financial oversight to see where the money goes -- perhaps the pharma companies should get the same treatment.

      In most other developed countries the government is the customer and can negotiate more reasonable prices. They can also buy generic drugs from elsewhere, where applicable. Some countries, e.g. the UK, their national health services also conduct trials of their own to calculate their drug procurement policies. Most of the cost of prescriptions in the UK is covered by a flat fee prescription charge, i.e. everyone pays the same small fee no matter how cheap or expensive their actual prescription is. It all evens out as everyone shares the burden. People on low incomes can have their prescription charges reduced or even waived: Socialism at its finest! ;)

      --
      Debate is a form of harassment. Do not question my truth.
    6. Re:This is the economic system... by MobyDisk · · Score: 1

      Patents enable a free market. That's why patents are written into the US Constitution. If the company couldn't get patents, then they would have no reason to develop the drugs. This is why countries like China have such little medical R&D: there's no point in doing the R&D if the company across town just takes your formulation and manufactures it, but bears none of the R&D costs.

    7. Re:This is the economic system... by wisnoskij · · Score: 1

      > minimal regulation
      > Trying to get the FDA to approve a new drug

      Pick one.

      --
      Troll is not a replacement for I disagree.
    8. Re:This is the economic system... by VeryFluffyBunny · · Score: 1

      > minimal regulation > Trying to get the FDA to approve a new drug

      Pick one.

      Not letting drug companies make people sicker or even kill them is minimal regulation.

      --
      Debate is a form of harassment. Do not question my truth.
    9. Re:This is the economic system... by wisnoskij · · Score: 1

      Possibly. But we should be able to agree that minimal regulation in this instance is still the most anything has ever been and likely ever will be regulated. The shear volume of regulation, of paperwork, of tests, of work to be done for a single drug could bury a medium sized town.

      --
      Troll is not a replacement for I disagree.
    10. Re:This is the economic system... by VeryFluffyBunny · · Score: 1

      Possibly. But we should be able to agree that minimal regulation in this instance is still the most anything has ever been and likely ever will be regulated. The shear volume of regulation, of paperwork, of tests, of work to be done for a single drug could bury a medium sized town.

      That's high-stakes science. If you don't get it right first time, you're gonna do a lot of harm to a lot of people. I can't think of anything that's higher-stakes than medicine.

      --
      Debate is a form of harassment. Do not question my truth.
    11. Re:This is the economic system... by mjwx · · Score: 1

      Except it's not the free market, because this only happens due to a government granted monopoly on the drug formulation (i.e. the patents).

      Yes, it's not the free market, it's capitalism.

      Getting the govt to eliminate your competition is the holy grail of capitalism.

      --
      Calling someone a "hater" only means you can not rationally rebut their argument.
  6. Fixed cost vs incremental cost. by Wycliffe · · Score: 1

    I'm assuming this is because they are trying to get back the fixed R&D cost. Maybe the solution should be an incremental cost for the medicine and the fixed cost divided by the number of users. That way the more people who sign up, the lower the cost is to all. Or maybe the government should buy out the fixed cost and let the company collect the incremental cost.

    1. Re:Fixed cost vs incremental cost. by Joce640k · · Score: 1

      I'm assuming this is because they are trying to get back the fixed R&D cost.

      Nope, it's because they're trying to screw people with cancer out of every last cent they possibly can. The entire family will be in debt for the rest of their lives just because they thought they were doing the right thing buy buying grandpa four or five extra months.

      (when really, they aren't... people need to accept that grandpa's time has come)

      --
      No sig today...
    2. Re: Fixed cost vs incremental cost. by nnull · · Score: 1

      How many users are of this drug? What's the demand for this product? Why aren't there any alternatives or competition? What's the actual costs of production of this drug? Are they really making huge margins or are they recouping costs like huge debt? We don't have any clear answers from this article.

      I occasionally get weird clients asking me for some products to make, demand a free sample and get shocked at my pricing, without realizing I have to bare the large cost of retooling just to accommodate them, and a high risk of them saying, "No, I don't like it".

    3. Re:Fixed cost vs incremental cost. by Actually,+I+do+RTFA · · Score: 1

      Why would R&D costs matter? First, R&D is not the biggest cost. Second, they're trying to maximize their profit, not recoup costs.

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      Your ad here. Ask me how!
    4. Re: Fixed cost vs incremental cost. by Actually,+I+do+RTFA · · Score: 1

      I occasionally get weird clients asking me for some products to make, demand a free sample and get shocked at my pricing, without realizing I have to bare the large cost of retooling just to accommodate them, and a high risk of them saying, "No, I don't like it".

      Sounds like you lose that business. Maybe you need better salesstaff.

      --
      Your ad here. Ask me how!
    5. Re: Fixed cost vs incremental cost. by nnull · · Score: 1

      Maybe, maybe not. Experience allows me to foresee if this is a worthwhile endeavor or not. Most of the people that ask me for this usually have bad credit or no money at all, so chances are slim I'll see any returns. The good companies are always upfront about covering my costs for this without even asking me.

    6. Re:Fixed cost vs incremental cost. by ledow · · Score: 1

      Here's an idea.

      You may charge $10 per month's dose as patent licensing - and reasonable manufacturing costs (which will be in competition with everyone else licensing the same medicine) - for 10 years upon discovery.

      Now what you'll do is hope to sell enough diagnosis equipment that more people will go on your pill, separate R&D and manufacturing, and research the treatment to hundreds of different ailments rather than just pour all your money into one.

    7. Re:Fixed cost vs incremental cost. by kqs · · Score: 1

      I'm assuming this is because they are trying to get back the fixed R&D cost.

      It looks like the industry average is to spend about 17% of revenues on R&D. More than 17% is spent on marketing.

      So I'd say that recovering R&D is definitely NOT the main reason for the price, though "increasing profits" (the largest part of revenues) does sound rather less noble.

    8. Re:Fixed cost vs incremental cost. by Wycliffe · · Score: 1

      It looks like the industry average is to spend about 17% of revenues on R&D. More than 17% is spent on marketing.

      So I'd say that recovering R&D is definitely NOT the main reason for the price, though "increasing profits" (the largest part of revenues) does sound rather less noble.

      It doesn't sound like they are trying to "increase profits" but rather trying to "keep profits the same" now that it's likely that doctors are going to start prescribing a lower dose. Without looking at their books and seeing what their R&D debt is, the number of actual and potential patients each year, etc... there is no way to really know whether they are gouging the patient or not.

  7. For what it's worth... by morethanapapercert · · Score: 1
    First, Janssen and Phamacyclics partnered with Johnson and Johnson to market the drug, then they got acquired by Abbvie who continued the partnership. So address all complaints to Johnson and Johnson or Abbvie.

    Second, as far as I know, every pharmaceutical marketer has a drug affordability of some kind. In fact I think it might be a little known requirement under US FDA regulations. Here is the official drug affordability site for the drug: Imbruvica cost support Any one who needs this drug (or any other life saving medication really) should look into these programs.

    --
    I need a wheelchair van for my son. Help me get the word out. https://www.gofundme.com/wheelchair-van-for-jj
    1. Re:For what it's worth... by fustakrakich · · Score: 1

      Janssen and Phamacyclics partnered with Johnson and Johnson to market the drug, then they got acquired by Abbvie

      I see. So the high price is paying for the acquisition. That's normal, I guess. After all, this is a very closed market and expenses do have to be recovered somehow.

      --
      “He’s not deformed, he’s just drunk!”
    2. Re:For what it's worth... by fustakrakich · · Score: 1

      It doesn't matter that high prices are the norm. They are covering, merger, marketing, and lobbying costs much more than actual R&D.

      --
      “He’s not deformed, he’s just drunk!”
  8. Health Care Evolved by hyades1 · · Score: 2

    1. Kidnap a pharmaceutical company CEO.

    2. Lock him up with a rabid raccoon until they become properly acquainted.

    3. Offer the exec access to the anti-rabies vaccine for $30 million deposited in an untraceable numbered bank account.

    4. Profit!

    --
    I've calculated my velocity with such exquisite precision that I have no idea where I am.
    1. Re:Health Care Evolved by hyades1 · · Score: 1

      Thank you for that, my friend. Extremely informative. And it makes my glad I don't live in the US, though I do live where there are a lot of aggressive, city-savvy raccoons.

      --
      I've calculated my velocity with such exquisite precision that I have no idea where I am.
  9. Re:This is what I don't understand. by K.+S.+Kyosuke · · Score: 2

    Barriers to entry in the US market?

    --
    Ezekiel 23:20
  10. Re:This is what I don't understand. by Swave+An+deBwoner · · Score: 5, Interesting

    Check the bolded portion below:

    In the United States, as of 2015, with Turing Pharmaceuticals' acquisition of the US marketing rights for Daraprim tablets,[25] Daraprim has become a single-source and specialty pharmacy item, and the price of Daraprim has been increased.[26] The cost of a monthly course for a person on 75 mg dose rose to about $75,000/month, or $750 per tablet.[27][28] Outpatients can no longer obtain Daraprim from their community pharmacy, but only through a single dispensing pharmacy, Walgreens Specialty Pharmacy, and institutions can no longer order from their general wholesaler, but have to set up an account with the Daraprim Direct program.[26][29] Presentations from Retrophin, a company formerly headed by Martin Shkreli, CEO of Turing, from which Turing acquired the rights to Daraprim, suggest that a closed distribution system could prevent generic competitors from legally obtaining the drugs for the bioequivalence studies required for FDA approval of a generic drug.[29]

  11. Where are all of the free market supporters? by MikeDataLink · · Score: 1

    It always blows my mind when I see users who constantly post pro-Trump free market posts on slashdot calling for the death and hanging of someone or some organization who is doing just that!

    Geez. Either you want free market or you don't! At least be consistent.

    I have suspected MOST Republicans actually want socialized healthcare, they've just been bamboozled by their party to think otherwise.

    --
    Mike @ The Geek Pub. Let's Make Stuff!
    1. Re:Where are all of the free market supporters? by Actually,+I+do+RTFA · · Score: 1

      It's quite possible they are different people.

      --
      Your ad here. Ask me how!
    2. Re:Where are all of the free market supporters? by burtosis · · Score: 1

      I think you are correct. The ones that don't want it think all that extra money will bankrupt them, despite being hard working, and will put them out on the street. The reality is if we shut down half the millitary contractor welfare programs we would still spend more money than the next two super powers combined, fund Medicare for all, have enough left over to do free college as well, and a fat refund check every year for middle and low income Americans. Force large companies to pay thier fair share of taxes and quit giving them ludicrous public handouts and we would have a utopia. They just don't get it the reason money is so tight while the economy is soaring is that they are ripped off and don't want to admit it because they have been clamoring for the very people ripping them off.

    3. Re:Where are all of the free market supporters? by MikeDataLink · · Score: 1

      It's quite possible they are different people.

      You can't have the same username and be different people on slashdot.

      --
      Mike @ The Geek Pub. Let's Make Stuff!
    4. Re:Where are all of the free market supporters? by quonset · · Score: 4, Informative

      It always blows my mind when I see users who constantly post pro-Trump free market posts on slashdot calling for the death and hanging of someone or some organization who is doing just that!

      Except last year the con artist said he'd lower drug prices. Then he picked a guy who is a former pharmaceutical executive who raised drug prices.

      Even in February's State of the Union address he said he'd lower drug prices.

      What has he done so far? Reduce regulations on oil and gas drillers, put a guy in charge of the EPA who is vowed and determined to let polluters off the hook, and started a trade war with China which is already costing Midwest farmers.

    5. Re:Where are all of the free market supporters? by currently_awake · · Score: 1

      You need to realize the Republican party is left wing, almost to the point of being Communist. They believe in a government run economy (agriculteral subsidies, tarrifs and import duties to keep competition out, government handouts for big business, bailouts if they make mistakes etc.) The only reason this can happen in a country that is Allergic to Communism is because most Americans don't have the slightest idea what Communism is.

  12. Re: This is what I don't understand. by fonos · · Score: 1

    They need to get the generic approved by the FDA by doing expensive studies, even though itâ(TM)s the same chemical formula thatâ(TM)s already been approved. Itâ(TM)s an incredibly stupid law thatâ(TM)s only on the books because of lobbying by large drug companies.

  13. This was predicted by jmccue · · Score: 2

    I remember some very old people I new in the 80s were talking about how all the non-profit the hospitals were closing down and for profit hospitals were moving in. They said that prices for medical will skyrocket because if there is one thing sick people will do, is pay to live. They were hoping the government would make for profit medical services illegal. Well I guess we are there now.

  14. Re: This is what I don't understand. by omnichad · · Score: 1

    It's not the only reason. If they use different ratios of delivery/carrier materials, it does need to be proven that they don't interfere with dosing and absorption. And if the patent only covers the active ingredient, can the composition of the tablet itself be kept as a trade secret or is it published with some sort of FDA document? Honest question, I don't know the answer to that.

  15. Johnathan Pie sums medical care in the USA & by FudRucker · · Score: 1
    --
    Politics is Treachery, Religion is Brainwashing
  16. U.S. Drug Patent Law (and related issues) by Acron · · Score: 1

    Here's an informative article from last year on U.S. drug patent law and the impact and implications, as well as a recommendation to alter it from 20 years from date of invention to 15 years from date of FDA approval.

    https://www.upcounsel.com/how-long-do-drug-patents-last

  17. Can't anyone here do math? Read? by kenh · · Score: 1

    Here is the horrible action the pharmaceutical company took:

    But after results from a recent small pilot trial indicated that smaller doses would for most patients work as well as the large ones, its manufacturer, Janssen and Pharmacyclics, has decided on the basis of the doctors' interest in smaller dosages to reprice all sizes of the drug to the price of the largest size. This has the effect of tripling the price for patients,

    So, previously there was a pricing anomaly in that 4x smaller pills were as effective as 1x large pill, so when they repriced the drug, each of the smaller doses cost as much as the larger dosages. Why would a patient keep taking several of the smaller dosage pills after the price change? Just take the 1x larger dose pill and it costs as much as the 4x smaller pils used to.

    I would expect highly specialized medicines to retail at a price based on the amount of active ingredient in the container, if it is spread over 50 large dose pills or 200 small dose pills (small is 1/4th the large dosage).

    --
    Ken
    1. Re:Can't anyone here do math? Read? by KBentley57 · · Score: 1

      Possibly because not all patients were taking 4 pills per day. From the summary - "Until now, doctors have been able to optimize dosage for each patient by prescribing up to four small-dose pills of it per day." The up to implies some were taking less than that.

    2. Re:Can't anyone here do math? Read? by dgatwood · · Score: 1

      There's a solution for that. Buy the large pill and cut it into quarters. Then give the patient a quarter of the dose at the original price.

      --

      Check out my sci-fi/humor trilogy at PatriotsBooks.

    3. Re:Can't anyone here do math? Read? by dmr001 · · Score: 1

      Imbruvica is priced at about US$12,000-13,000 for a month's supply (typically dosed as 420 mg daily for leukemias and related diseases, taken as 140 mg cap x 3 at a time once daily until either it or the disease kills you). If you RTFA, you'll find that's $133 a pill. They're going to introduce 3 new tablet sizes —280 mg, 420 mg, and 560 mg, and charge US$400 for each of them, no matter how many mg are in it. Once that's done, they'll make the old 140 mg capsule unavailable.

      So some physicians did a trial last year that found 140 mg a day actually works as well as 420 mg for certain cancers. This, however, would cut into profits by 66%, so instead you can get a new 140 mg tablet for $400 instead of the old 140 mg capsule for $133. See, the pharmaceutical companies do understand math: you pay for treatment of the disease, not for the amount of medicine, and if it turns out you can be treated for a disease for a third of the price, they can just raise the price.

      Or I suppose you could split the new 420 mg tablet into 3 pieces (carefully!) and pay the same price as before, or quarter the new 560's and get a modest discount. Cancer patients love gambling with a pill splitter for their $12k/month meds! As the drug company puts it, this is "a new innovation to provide patients with a convenient one pill, once-a-day dosing regimen and improved packaging, with the intent to improve adherence to this important therapy.”

      So, that's believable - they are increasing the price of the old capsule by discontinuing it and replacing it with one that costs 3 times as much to "improve adherence." It's accurate to say they are correcting a pricing anomaly, I suppose, except it's one that didn't exist until research proved you didn't necessarily need as much of this medicine. You pay for your survival, not the drug.

  18. Re:This is what I don't understand. by Anonymous Coward · · Score: 3, Informative

    The manufacturer of a generic drug still has to prove that their product is as equivalent to original.

    The approval process for a new drug is more complex; they have to prove it is safe and that it is effective in rigorous clinical trials. For a generic, they merely have to demonstrate equivalent pharmacological effects (e.g. absorption into the bloodstream in similar quantities and in a similar time, etc.), which is much easier, and requires fewer test subjects, less complex follow-up, etc.

    However, to do this sort of trial, you still require access to the original drug, because this type of trial will require head-to-head testing. One of the ways in which Shkreli aimed to stop this was to completely shut down all distribution of the drug. Instead, his company would employ their own pharmacists who would dispense a limited quantity of the dug only on receipt of a named patient's prescription sent directly to the company. By not selling the drug to wholesalers and pharmacies the intention was to make it impractical for other companies to purchase stocks of the drug against which to run trials.

  19. In Europe drugs are 1/10-1/20th of USA price by lamer01 · · Score: 4, Insightful

    Everytime I go there and go to a pharmacy to get a prescription refill while abroad, the price charged is usually even lower than my copay in the USA. It is an obscenity against US consumers. We should really be in the streets with pitch forks about this but we are not. The fact that most drugs are covered and only copay is needed obfuscates the real retail prices that would cripple anyone without insurance. I was shocked about the prices in europe. Most americans would not even need prescription coverage for most of those drugs as their street price is ridiculously low compared to what we pay in the USA

  20. et tu by harvey+the+nerd · · Score: 3, Insightful

    His candor doesn't make the foulness of his predatory actions ok.

    His abuses of abusive laws are not ok. An "et tu" defense that others do it doesn't make it ok.

  21. It's the prices, stupid! by mspohr · · Score: 4, Insightful

    The entire US health care system is a scam run by doctors, hospitals, pharma, insurance companies. Prices for health care in the US are four to ten times that of the rest of the world. Other developed countries have universal care and better health indicators than the US and they spend less than half what the US spends to cover just part of the population.
    We have the most expensive, least effective health care in the world.
    No other civilized country would let pharma get away with these obscene prices for drugs. Other countries control prices. However, the US is run by a crony capitalist system where corporations, etc. buy congress to protect their profits.

    --
    I don't read your sig. Why are you reading mine?
    1. Re:It's the prices, stupid! by wisnoskij · · Score: 1

      But that is true of many other things as well. The US pays for all the medical research that the rest of the world uses for free or next to it.

      That is like comparing America's expenditures on its military to France's or Japan's. France and Japan only spend so little and yet manage to not be enslaved because America has acted as their military for the last generation or two, them and half of the rest of the world besides.

      Or course their exist many other countries with better and cheaper options, as their governments and their people are not paying for half the things they receive.

      --
      Troll is not a replacement for I disagree.
    2. Re:It's the prices, stupid! by mspohr · · Score: 1

      The US Government pays for most medical research. The parasite drug companies use this research and patent the drugs and pay nothing for it. Lots of medical research in the rest of the world, too, funded by their governments. They just don't let the drug companies charge obscene profits for it.

      --
      I don't read your sig. Why are you reading mine?
    3. Re:It's the prices, stupid! by F.Ultra · · Score: 1

      Please remind me when you had that big town meeting in the US where you all decided that US citizens should pay more for drugs so that the rest of the world could have it cheaper. Don't you realize how ridiculous that sounds?

    4. Re:It's the prices, stupid! by nnull · · Score: 1

      But they don't use it for free. The tax payer still pays in those countries and the money still goes to the pharma companies whether you as a person pays directly or get subsidized medication.

    5. Re:It's the prices, stupid! by wisnoskij · · Score: 1

      Yes, some of thee countries have government provided healthcare, some of them subsidise the cost of medication. But they also just cap the cost they pay for it. They tell the pharma companies what they are willing to pay; Or allow native companies to steal their IP and clone the drug. So these companies simply do not make as much money off of non-American customers. Additionally, for the poorest sufferers they simply give it away. The second point here does not really affect anything, these people never could of afforded the drugs anyway so it is not a lost profit, and the cost of production is small so it hardly affects the price for everyone else. But having pretty much the entire rest of the world simply not paying an equal share does massively effect the available pool of money for researching new drugs.

      "Americans are effectively subsidizing health systems elsewhere." - (Scientific American, How the U.S. Pays 3 Times More for Drugs)

      --
      Troll is not a replacement for I disagree.
    6. Re:It's the prices, stupid! by GerryGilmore · · Score: 1

      Thank you! The supposed "Conservatives" who should be concerned about efficiency, cost-effectiveness, etc. seem to now worship Profit-Uber-Alles. Then, as I posted earlier, they'll screech like little girls at real regulation, despite the fact that they brought it onto themselves.

    7. Re:It's the prices, stupid! by DNS-and-BIND · · Score: 1

      The US healthcare system pays for the advances that are used by the rest of the world, for greatly reduced cost. You should be proud to pay so much so that so many other hostile countries that despise you can benefit. Besides, the well-off in America have great health insurance, the only people who suffer are the deplorables. I thought everyone hated them and wished them harm?

      --
      Shutting down free speech with violence isn't fighting fascism. It IS fascism!
    8. Re:It's the prices, stupid! by DNS-and-BIND · · Score: 1

      Brought it on themselves? No, it's not like that at all. The US system subsidizes the rest of the world, just like it does for everything else. The only losers are the American people. What's not to like?

      --
      Shutting down free speech with violence isn't fighting fascism. It IS fascism!
  22. The company's position might be reasonable. by Spazmania · · Score: 1

    Low volume of patients. High cost to invent the drug and pass the regulatory hurdles. And it has to subsidize all the drugs they researched that didn't work out. They need to make this money back over the lifetime of the patent or they go out of business.

    A couple of researchers try to game that system and the company responds: Nope, prescribe the medicine the patient needs based on the medical evaluation only. We're going to make it cost exactly the same per patient regardless of the dosage you pick.

    There are lots of facts here that I don't know. Do they need $150k per patient to break even? I don't know and neither do you. The part that I do know seems relatively reasonable.

    --
    Moderating "-1, Disagree" is simple censorship. Have the guts to post your opinion.
    1. Re:The company's position might be reasonable. by NormalVisual · · Score: 3, Informative

      This 2017 article from the New York Times has some of those answers.

      Summary: According to SEC filings, Imbruvica cost Pharmacyclics $388 million to develop, which included the development cost of three other drugs that were not successful. Not mentioned in the article is that Pharmacyclics actually paid $2 million in cash and $1 million in stock for the compound from its actual inventor, Celera Genomics, and their expense was mostly related to developing the compound into an salable drug. After the Phase II clinical trials, J&J paid Pharmacyclics $975 million to jointly continue development of the drug. The drug was approved for CLL in 2014, and just over a year after that, Abbvie bought Pharmacyclics for $21 billion (a 5400% return on investment for Pharmacyclics's shareholders), and the drug is now being sold under the "Janssen and Pharmacyclics" name. In 2016, J&P projected Imbruvica sales of $1 billion for that year, increasing to $5 billion by 2020.

      In my opinion, the developers of the drug have already been very well paid for their efforts, certainly well enough "to promote the progress of science and useful arts". I haven't been able to find any other information that would lead me to believe that this isn't a simple money grab, and/or that Abbvie simply paid too much for the drug and is extracting the cost of their mistake from patients. If there are other concrete facts that would argue for other legitimate development costs that need to be recouped, I genuinely would be interested to see them.

      --
      Please stand clear of the doors, por favor mantenganse alejado de las puertas
    2. Re:The company's position might be reasonable. by Spazmania · · Score: 1

      I don't know and neither do you.

      I stand corrected.

      --
      Moderating "-1, Disagree" is simple censorship. Have the guts to post your opinion.
  23. Let's toss in some numbers... by dfenstrate · · Score: 4, Informative

    A New York Times article stated that this drug was developed with three other non-viable drugs for a total cost of $388,000,000. Dividing by the stated cost of $143,000 dollars, 2,713 patients have to be treated with this drug for 1 year to recover development costs.
    This drug treats Chronic Lymphocytic Leukemia (CLL). Approximately 20,000 people are diagnosed with CLL each year, and those people have an average age of 71 years. Approximately 4,500 people die each year from CLL. Your lifetime risk of developing CLL is 1 in 175.

    Cancer.org lists 5 other treatments (Obliersenn, Lumiliximab, HA22, Lenalidomide, 'standard' chemotherapy) for CLL , and mentions dozens of drugs are in testing for CLL treatment.

    You now have more information to discuss alternative treatments, their costs, and why folks would choose one over the other, as well as a greater ability to evaluate the potential profitability of this drug (Imbruvica) at any price point.

    --
    Alcohol, Tobacco and Firearms should be the name of a store, not a government agency.
    1. Re:Let's toss in some numbers... by Dorianny · · Score: 2

      Three failed , if the if the fourth had failed, $388,000,000 would have been completely lost. The problem with drug development is not so much the high costs but the high probability of failure. If you are going to convince people to take a *huge risk* you have to dangle a very large carrot in-front of them

    2. Re:Let's toss in some numbers... by F.Ultra · · Score: 1

      But a failed drug would not have come close to cost $388,000,000 since it would have been terminated much sooner in it's development.

  24. Re: This is what I don't understand. by dmr001 · · Score: 5, Interesting

    Most drugs have a bunch of patents, including ones for the active ingredient, the delivery mechanism, the coating, etc. The patents will have staggered expiration dates, which can maximize the time a drug remains on patent. Albuterol inhalers, for example, which used to be generic until they were reformulated to be ozone safe, has 4 US patents for one particular formulation (ProAir). That helps keep this 40 year old drug at $57-$70 an inhaler. Somehow, back when it was generic, it was $4 an inhaler. Albuterol was supposed to be going generic again any minute now for the past 2-3 years, but it's still hung up in court —all for a drug that probably ought to be over-the-counter. IMHO.

  25. What Other Solution Did they Have? by wisnoskij · · Score: 1

    The drug was priced that way with a very simple formula.

    Number of Patients X Dosage X Cost = Development Cost + Marketing + L. Insurance + Profit

    The Dev and Marketing costs are already spent, or at least mostly, and kept at an absolute minimum anyways. The Insurance is probably not going to be negotiable, and the profits are almost certainly a set industry standard. So if the dosage goes down the company either has to increase the number of patients, the cost, or quit selling the drug and just try and take the loss or declare bankruptcy.

    --
    Troll is not a replacement for I disagree.
    1. Re:What Other Solution Did they Have? by swilver · · Score: 1

      It's cute that you think prices are actually based on costs + a modest profit. In the real world however, prices are determined by what the market can bear and what they can get away with.

      Patents granting monopolies means they can get away with quite a bit.

      It wouldn't be the first time some public outcry would lower the price of a drug. If it was actually based on recovering costs this would not be possible.

    2. Re:What Other Solution Did they Have? by wisnoskij · · Score: 1

      According to another comment

      Cancer.org lists 5 other treatments (Obliersenn, Lumiliximab, HA22, Lenalidomide, 'standard' chemotherapy) for CLL [cancer.org], and mentions dozens of drugs are in testing for CLL treatment.

      So it appears like it has thriving competition.

      --
      Troll is not a replacement for I disagree.
  26. I'd rather die. by AndyKron · · Score: 1, Interesting

    I'd rather die from cancer than give those motherfuckers a penny. Besides, who wants to live in a world like this anyway?

    1. Re:I'd rather die. by micahraleigh · · Score: 1

      You epitomize perfectly the hysteria against people profiting off medical research.

      You would rather people die than anyone getting rewarded for saving lives.

      Shouldn't people who save lives get massively rewarded?

      Isn't life more important than stopping people from getting (what you think is) too much money?

  27. Pure monopoly pricing by Beeftopia · · Score: 1

    This is why monopolies used to be broken up - they could price like this. In addition, in this case, it's a life and death product. "How much is your life worth to you? That's how much it costs." Shkreli was was honest and transparent about the reprehensible actions he was taking. The people you need to worry about are the ones who are smiling and empathizing as they knife you. They don't slip out of character either. And they're still leading the industry.

    Additionally, the government prohibited itself from negotiating with drug companies for prices for Medicare Part D. Politicians created the "safe space" that those with suitable mentalities could then operate in (and funnel some of the proceeds back to DC).

  28. Re:Sigh. by BlueStrat · · Score: 1, Insightful

    Dear America,

    Fix your fucking healthcare system.

    Sincerely,

    The civilised world.

    Dear Europe (and much of the rest of the "civilized" West),

    Please start paying for your own national defense, the nuclear arsenals, standing armies, air forces, navies, etc to match Russia and China.

    Then we can talk about us spending that money we currently spend to protect YOUR asses on healthcare instead.

    The US is bankrolling your 'free' healthcare.

    Just say "thank you" and STFU, 'mkay?

    Strat

    --
    Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
  29. Root Cause of Problem Is Lack of Letter 's'... by K.+S.+Van+Horn · · Score: 1

    ... at the end of this phrase: "its manufacturer".

  30. Hidden side of the equation by eddeye · · Score: 1

    I'm not supporting the manufacturer here. But there are some factors to consider why drug prices like this are so high. It's not always just naked greed (though sometimes Shrkelis do happen).

    Say you're a pharma company. You work on drugs for rare diseases like this cancer. It takes a lot of money to develop new drugs and bring them to market.

    If you're lucky the initial research finding drug candidates will be funded with public grants at a university. But you still have to take those drug candidates from promising lead to actual treatment. That means finding the right dosage. That means figuring out how to make the drug efficiently. It means lots of clinical trials to prove safety and efficacy - not to mention animal trials before you even get to that point. It means lots of regulatory hurdles. Basically the D part of R&D.

    All that costs money. Typically we're talking hundreds of millions to billions of dollars. And success rates are low. Something like 10% of potential new drugs make it through the entire process. So for every drug that works, you tried nine others that failed. That raises costs to develop a successful drug even more.

    So you get through all that. You now have a treatment for this rare disease. It costs billions to develop, including all the unsuccessful drug candidates you tried that didn't pan out. But the disease only affects 5,000 people a year. If you charge each one $100,000 for the treatment, you get 500 million per year.

    If you spent 2 billion to create the drug, then you won't recoup your investment and start making money until year 5. And that doesn't count ongoing costs like manufacturing, quality control, patient monitoring, physician feedback, etc. Your patent on the drug is at most 20 years, and usually closer to 7-8. So you only have a few years to make profit on the drug until generics come in and eat your market.

    I'll be the first to say the system stinks. But it's not because of evil profit-seeking drug makers. It's the way the entire system is setup. More drug development costs should be publicly funded. The regulatory approval process should be streamlined. Drug advertising should be illegal. The profit motive is killing US healthcare. We're subsidising drug prices for the rest of the world, where strict price controls limit what drug makers can recoup.

    There are a lot of problems with drug development in the US. But it's not primarily the fault of greedy drug makers. It's the economics of the entire system that lead to crazy results like this. Hate the game, not the player.

    --
    Democracy is two wolves and a sheep voting on lunch.
  31. Abbott Does It Again! by crepe-boy · · Score: 1

    Pharmacyclics (the developers of ibrutinib/Imbrivica) is actually now owned by Abbvie, which is the pharmaceutical company spun off from Abbott Laboratories. Abbott achieved fame in 2003 when it increased the cost of their HIV medication, Norvir, 5-fold when it found that doctors were combining the smaller pill size version with other drugs. This is just history repeating itself.

  32. Re:Sigh. by F.Ultra · · Score: 1

    Because the US bankrolling Europe is something that would fly with any politician in the US regardless of side?

  33. Re:Sigh. by BlueStrat · · Score: 1

    Because the US bankrolling Europe is something that would fly with any politician in the US regardless of side?

    Obviously so or it wouldn't have gone on for the last ~60+ years.

    Did you have a point other than the one under your hat?

    Strat

    --
    Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
  34. Responsibility is not to the patient by Mr_Blank · · Score: 1

    Your right to life is goes down with your bank balance. Of course, dead patients cannot pay. The optimal path of for-profit medical institutions is to bankrupt you before you die. Companies have a fiduciary responsibility to their shareholders, not your life.

    1. Re:Responsibility is not to the patient by micahraleigh · · Score: 1

      Tell me more about this bankruptcy you speak of that people have no say over.

  35. Compulsory Licensing by jrumney · · Score: 1

    There is a solution to greed pharmaceutical companies. Only a couple of countries have ever invoked this, for HIV and Hepatitis C drugs. Lobby your congressperson to use international law to their constituents' advantage for a change, instead of pandering to their donors.

  36. Re: This is what I don't understand. by rommy4706 · · Score: 1

    I think the real reason is that you have to have access to the drug in order to certify that your generic works as well, and he restricted access making that impossible

  37. Possible solution by cowwoc2001 · · Score: 1

    Rewrite patent laws so their duration is inversely proportional to the cost of the drug past some arbitrary number (say $1000 a year).

    Companies who play these kind of games will discover that the government is not willing to subsidize their drugs while simultaneously providing unlimited protection from competitors.

  38. When is a cancer patient going to shoot them? by Maxo-Texas · · Score: 3, Interesting

    I mean seriously- shooters kill over their youtube account being demonetized.

    What about you dying?
    What about your parent dying?
    What about your child dying?

    When is someone going to track down the people or corporation increasing the price?

    It seems inevitable.

    --
    She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
    1. Re:When is a cancer patient going to shoot them? by wisnoskij · · Score: 1

      Probably because everyone too poor to afford these drugs simply gets given them by these pharmaceutical companies, so there simply does not exist anyone with a vested interest like there are for demonetised youtube channels.

      --
      Troll is not a replacement for I disagree.
  39. Re:Sigh. by dunkelfalke · · Score: 1

    Fuck you and your protection racket. All you do is destabilising countries, creating misery and causing refugees.

    --
    "It's such a fine line between stupid and clever" -- David St. Hubbins, Spinal Tap
  40. Re:Sigh. by BlueStrat · · Score: 1

    Fuck you and your protection racket. All you do is destabilising countries, creating misery and causing refugees.

    No, fuck YOU and your pathetic, dependent, infantile, Euro-trash asses!

    Stop leaning on the US for your national defense and spend your OWN fucking coin and the blood of your own sons & daughters for your fucking protection, you fucking cheapskate whiny-ass cowards.

    Strat

    --
    Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
  41. Re:Sigh. by serviscope_minor · · Score: 1

    Dear Europe (and much of the rest of the "civilized" West),

    Dear Europe, because you do things I think are wrong, I am going to aggressively fight any attempt to fix things in America. #MAGA

    -BlueStrat

    --
    SJW n. One who posts facts.
  42. Re:Sigh. by BlueStrat · · Score: 1

    Dear America,

    Fix your fucking healthcare system.

    Sincerely,

    The civilised world.

    Dear Europe (and much of the rest of the "civilized" West),

    Please start paying for your own national defense, the nuclear arsenals, standing armies, air forces, navies, etc to match Russia and China.

    Then we can talk about us spending that money we currently spend to protect YOUR asses on healthcare instead.

    The US is bankrolling your 'free' healthcare.

    Just say "thank you" and STFU, 'mkay?

    Dear Europe, because you do things I think are wrong, I am going to aggressively fight any attempt to fix things in America. #MAGA

    Reading comprehension is obviously not your strong suite.

    Of course, that's assuming you *want* to correctly understand what was posted, instead of what your ego, your bigotry, and the voices in your head tell you.

    Finally, I didn't vote for the Orange Wonder. "Another swing and a miss! Strike three, yer outta here!"

    Strat

    --
    Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
  43. Re:Sigh. by serviscope_minor · · Score: 1

    Reading comprehension is obviously not your strong suite.

    No it really is, it's yours that's lacking. Healthcare in America is a total fucking mess whether or not Europe has sufficient defensive military. Angrily pointing out flaws in European military spending won't fix your messed up healthcare system.

    The only thing it serves to do is to make you have better feelings about it, so you feel less inclined to vote for someone who will fix it.

    Finally, I didn't vote for the Orange Wonder.

    I didn't claim you did, I claim that you're espousing the same ideology, in as much as #MAGA can be an ideaology.

    --
    SJW n. One who posts facts.
  44. Re:Sigh. by F.Ultra · · Score: 1

    You dont't hear how ridiculous your idea is? There is not a single administration nor makeup of congress that would allow the US to bankroll Europe since that would be seen as being Socialists. A single senate hearing of a CEO from any Pharmaceutical company where he/she would say that the price in the US is high so that they can sell it for less in Europe would lead to immediate consequences by both the public at large and the sitting political administration.

    The reality is that the pharma industry (like any other industry) sells their products at the price on each market they they determine that the market is willing to pay, this is basic capitalism. The pharma companies also have a very high profit margin (among the highest among the various industries) so they are definitely not in need to subsidize the price in one market by increasing it in another.

  45. Re:Sigh. by BlueStrat · · Score: 1

    No it really is, it's yours that's lacking. Healthcare in America is a total fucking mess whether or not Europe has sufficient defensive military.

    Healthcare in America would have a lot more money available to fund it along with a host of social programs to match if America could shirk it's responsibility to protect itself and it's citizens like Europe does by having the US provide the majority of their military protection.

    European nations with universal healthcare and other social safety-net programs are only able to afford it because they spend money they would otherwise need for a strong military force that they have depended on America for since WW2.

    Anyway, Europe is going to soon get a taste of reality.

    With the American economy heading for a fall, Europe will have to decide between funding their own military or Russian and Chinese language lessons for those of their citizens left alive after Russia and China take over your nations, as America will be too broke to, once again, come riding o Europe's rescue after they shit the bed...yet again.

    Strat

    --
    Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
  46. Kill them by JustAnotherOldGuy · · Score: 1

    Anyone who assisted Janssen and Pharmacyclics in jacking up the price should be exterminated. Marketers, executive staff, etc etc., they should all be executed for their inimical, profit-driven actions.

    --
    Just cruising through this digital world at 33 1/3 rpm...
  47. Re:Sigh. by serviscope_minor · · Score: 1

    Healthcare in America would have a lot more money available to fund it along with a host of social programs to match if America could shirk it's responsibility to protect itself and it's citizens like Europe does by having the US provide the majority of their military protection.

    I wold qualify that as "not even wrong". America doesn't need more money to spend on healthcare. America needs to scrap the system where its healthcare costs about ttwice that per capita of the major European economies while giving worse outcomes in most areas.

    European nations with universal healthcare and other social safety-net programs are only able to afford it because they spend money they would otherwise need for a strong military force that they have depended on America for since WW2.

    Demonstrably false. Several European countries are spending to maintian a nuclear deterrant, have better healthcare outcomes in most areas and spend HALF what the US spends per capita on healthcare.

    Thing is you're so stuck on #MAGA that you can't even see where the problems are.
    The main problem is the massively profitable healthcare insurance industry, and the republican party who back it.

    --
    SJW n. One who posts facts.
  48. Two words (or rather, ne hyphenated one) by eric_harris_76 · · Score: 1

    Pill-splitter.

    --
    There's no time like the present. Well, the past used to be.
  49. Re:Sigh. by BlueStrat · · Score: 1

    Healthcare in America would have a lot more money available to fund it along with a host of social programs to match if America could shirk it's responsibility to protect itself and it's citizens like Europe does by having the US provide the majority of their military protection.

    I wold qualify that as "not even wrong". America doesn't need more money to spend on healthcare. America needs to scrap the system where its healthcare costs about ttwice that per capita of the major European economies while giving worse outcomes in most areas.

    European nations with universal healthcare and other social safety-net programs are only able to afford it because they spend money they would otherwise need for a strong military force that they have depended on America for since WW2.

    Demonstrably false. Several European countries are spending to maintian a nuclear deterrant, have better healthcare outcomes in most areas and spend HALF what the US spends per capita on healthcare.

    Thing is you're so stuck on #MAGA that you can't even see where the problems are.
    The main problem is the massively profitable healthcare insurance industry, and the republican party who back it.

    Well thankfully it doesn't matter how wrong and delusional you are, reality will be your wake-up call after the US collapses economically and Europe is faced with either having to pony-up the wealth for more than a small handful of nukes and tiny jokes for military forces, or else watch Russian tanks roll into Poland, France, Germany, and the rest of the EU & UK as well.

    Japan already sees the writing on the wall you are so determined to ignore and is building up it's military and a nuclear deterrent force against China whom the US soon won't have the means to deter militarily.

    Do svidaniya, Comrade!

    Strat

    --
    Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
  50. Re:Sigh. by serviscope_minor · · Score: 1

    Well thankfully it doesn't matter how wrong and delusional you are, reality will be your wake-up call after the US collapses economically and Europe is faced with either having to pony-up the wealth for more than a small handful of nukes and tiny jokes for military forces, or else watch Russian tanks roll into Poland, France, Germany, and the rest of the EU & UK as well.

    It's amazing: you're so desperate for excuses that you'll do anything but accept the actual facts.

    What may or may not happen in fugure is irrelevant to the fact that right now America spends twice what Europeans spend on healthcare with worse outcomes.

    Deflect all you like, it makes that no less true.

    As for the Russian tanks. Well, Russia spends more than the UK on its military, and more than France on its military, but substantially less than the combination of the two. Then add the rest of Europe.

    And you don't really understand what a nuclear deterrant is to you? The UK and France don't need enough nukes to bomb the entire world into the stone age. All we need is enough nukes to make us not worth attacking.

    The Us might not be on the ascendance, but neither Russia nor China have the means to project power. I mean sure Russia has an aircraft carrier, except apartf from being vulnerable to subs on the move, it's so unreliable it has to by shadowed by a tug everywhere in case it breaks down.

    --
    SJW n. One who posts facts.
  51. Why isn't this illegal? by SilverBlade2k · · Score: 1

    This kind of shit should be 100% illegal.

    The makers should have their patent confiscated and given freely to another party who will price it more reasonably.

  52. Inhuman by NewYork · · Score: 1

    Despite
    https://en.wikipedia.org/wiki/... why/how Corruption prevails in USA?

  53. Your health, their profit. by stealth_finger · · Score: 1

    Free market at work eh? Fucking suckers.

    --
    Wanna buy a shirt?
    https://www.redbubble.com/people/stealthfinger/shop?asc=u
  54. Re:Sigh. by david_thornley · · Score: 1

    You seem to be under the delusion that US health care costs are reasonable. Last I checked, we paid about 50% more per capita than the next most expensive, and twice what lots of very healthy countries pay.

    If we were able to reduce health care costs per capita to be only tied for first, we'd be able to more than double the defense budget or whatever we wanted to do. Two years of those savings would more than pay for the entire F-35 project.

    So, it's not that Europe saves money on the military so it can afford universal health care. It's that their health care systems are relatively inexpensive.

    There's also the question of how much defense Europe actually needs. I don't trust the US to judge European needs.

    --
    "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  55. Re:Sigh. by BlueStrat · · Score: 1

    You seem to be under the delusion that US health care costs are reasonable.

    It is for the leading nation in medical research.

    The costs are mostly because of all the R&D and the need to recover those costs and the costs of the decades of federally required testing, although a significant fraction is also because of government over-regulation along with the obligatory barriers to entry to shut out new competition set up by lawmakers for their lobbyist buddies. The ACA has also contributed greatly to recent cost increases. Why not raise your prices if the law says people must buy what you sell to not be a criminal?

    Strat

    --
    Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
  56. Re:Sigh. by ledow · · Score: 1

    "Leading" in terms of expenditure? Shocking that, when that's exactly what we're pointing out - it's easy to spend more when you're charging twice as much.

    P.S. China and then Europe are not significantly behind the US in terms of spending in those areas. But we don't have a healthcare system predicated on charging the patient.

    Honestly... give it up. You're trying to conflate so many issues into one to make your America great, rather than do the sensible thing and say "Yeah, paying for healthcare sucks, but we have other advantages".

    P.S. For all that research, you're 31st on the list for life expectancy (not helped by going into battle on a regular basis, I hasten to add). Below South Korea, Slovenia, most of Europe, etc.