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-   -   Why YOUR drugs cost so much! (https://www.neurotalk.org/medications-and-treatments/70855-drugs-cost.html)

mrsD 01-14-2009 12:08 PM

Why YOUR drugs cost so much!
 
Interested members here might find this article very
revealing and disturbing:

http://www.miamiherald.com/business/story/849177.html

buckwheat 01-14-2009 12:45 PM

Hi Mrs. D.,

What is your thought about lobbyist's? If I was Ever was going to invest in the stock market it would be Pharm. Co's..

Much Love, Roz

mrsD 01-14-2009 01:31 PM

Pharma stock?
 
Not a good idea now.

If you want to read the business end about this industry, this link typically has business/merger articles:
www.cafepharma.com

If you click on boards, and choose company boards, and read the posts from the sales reps on the individual ones..you will be shocked. But most, aside from the rudeness and vulgar language, are laying off now.

Many of the major companies' pipelines are dry...and FDA is tightening approvals, and in general stocks for Big Pharma are not doing too well.

The amount of dishonesty in doing studies, and promoting drugs to doctors in unethical ways, is rampant within the industry. The general public usually learns of the negative and toxic studies that are hidden by Big Pharma, until the generic comes out. Then we generally learn more. Now that about 15 yrs of abuse have become public, most people understand the extent of this abuse more clearly now. In the past drug companies enjoyed more esteem.

Vowel Lady 01-14-2009 05:32 PM

Holy Cow! :eek:
I only suspected. Strongly.
Like I heard someone say the other day...simple...yet so true...
You can't know...what you don't know.
You are a teacher extraordinaire and I am most grateful.
:grouphug:

DM 01-14-2009 08:55 PM

Quote:

Originally Posted by Vowel Lady (Post 445922)
Holy Cow! :eek:
I only suspected. Strongly.
Like I heard someone say the other day...simple...yet so true...
You can't know...what you don't know.
You are a teacher extraordinaire and I am most grateful.
:grouphug:

DITTO and DOUBLE DITTO!!

Thanks mrsD.

Pamster 01-25-2009 09:34 AM

I hate to say it but there was nothing new in that article for me, I had read such an article a few years ago, about five I think, and it said exactly the same things. It is an outrage and needs to stop. :(


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