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Citing 'Moral Requirement To Make Money', Pharma CEO Jacks Drug Price 400% (arstechnica.com)
The chief executive of a small pharmaceutical company defended hiking the price of an essential antibiotic by more than 400 percent and told the Financial Times that he thinks "it is a moral requirement to make money when you can." From a report: Nirmal Mulye, CEO of the small Missouri-based drug company Nostrum Laboratories, raised the price of bottle of nitrofurantoin from $474.75 to $2,392 last month. The drug is a decades-old antibiotic used to treat urinary-tract infections caused by Escherichia coli and certain other Gram-negative bacteria. The World Health Organization lists nitrofurantoin as an essential medicine. In an interview with the FT, Mulye went on to say it was also a "moral requirement" to "sell the product for the highest price," and he explained that he was in "this business to make money."
I seem to recall some orange-faced liberal from New York City telling us he'd force drug companies to lower the price of their drugs. You know, use the power of big government to dictate to private companies how they should run things.
He wasn't lying when he said that, was he?
We will bankrupt ourselves in the vain search for absolute security. -- Dwight D. Eisenhower
Are communists unable to detect sarcasm?
This is probably the US is the sole remaining superpower, and the safe-haven location for the world's money right now. If all your friends decided to jump off a cliff, would you jump too? These kinds of systems are put in place in areas where the population is incapable of taking care of themselves, I refuse to believe that even in this day and age the USA has deteriorated to that point (yet).
I try to avoid sarcasm online. Back in the mid-90's I made some sarcastic comments about a flat earth trying to point how how stupid it was to avoid Occam's Razor. Then a decade later I see this Flat Earth movement and I fear I may had helped cause that. I now avoid Sarcasm on the internet.
If something is so important that you feel the need to post it on the internet... It probably isn't that important.
Yay, the fuckers who charged me $50,000 to have my appendix removed will rescue us from the price gouging pharmas.
if you want some fun at the flat earthers expense, check out "scimandan" on youtube, he spends his time tearing their "proofs" apart with a bit of humour. It might make you feel better about starting the trend :) gives me a little time of light entertainment when having a cup of tea
"The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
That's one of the reasons there is so much joint animosity against the current President, he's actually trying is damnedest to keep his campaign promises and that is a threat to the permanent politician class.
Indeed, when I think of Donald Trump I think of a man who keeps his promises. A paragon of virtue right there. Quite a catch.