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pharmaceutical stuff....

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michael anderson

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May 25, 2017, 3:10:16 PM5/25/17
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I just saw what medicaid reimburses the pharm co. for a month of xyrem(what they actual pay out of taxpayer money): over 12k. for one month.

for a drug older than aspirin that costs very little to produce. that they didnt spend any money developing.

That's money right out of our paychecks.....jesus.

RoddyMcCorley

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May 26, 2017, 2:01:02 PM5/26/17
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So, what should we or Congress do about it? There are plenty of drugs
like that.

Isn't H&HS prohibited from negotiating drug prices with pharma? Maybe
that is where to start. Or, God forbid, H&HS gets into the pharma
business itself.

See: https://www.bloomberg.com/graphics/2015-drug-prices/

I was taking Humira for Psoriasis. Even though that is now widely used
to treat other conditions (Psoriatic arthritis, Crohn's disease, etc),
the price keeps on rising.

The challenge is to handle pharma in a way that promotes innovation, but
also keeps a check on drug prices.

--
False words are not only evil in themselves, but they infect the soul
with evil.

Pennsylvania - Tá sé difriúil anseo.

michael anderson

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May 26, 2017, 4:02:55 PM5/26/17
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On Friday, May 26, 2017 at 1:01:02 PM UTC-5, RoddyMcCorley wrote:
> On 5/25/2017 3:10 PM, michael anderson wrote:
> >
> > I just saw what medicaid reimburses the pharm co. for a month of xyrem(what they actual pay out of taxpayer money): over 12k. for one month.
> >
> > for a drug older than aspirin that costs very little to produce. that they didnt spend any money developing.
> >
> > That's money right out of our paychecks.....jesus.
> >
> So, what should we or Congress do about it? There are plenty of drugs
> like that.
>
> Isn't H&HS prohibited from negotiating drug prices with pharma? Maybe
> that is where to start. Or, God forbid, H&HS gets into the pharma
> business itself.
>
> See: https://www.bloomberg.com/graphics/2015-drug-prices/
>
> I was taking Humira for Psoriasis. Even though that is now widely used
> to treat other conditions (Psoriatic arthritis, Crohn's disease, etc),
> the price keeps on rising.

but humira is much different than xyrem because:

1) humira when it came out was actually a new drug that did cost a lot of money to develop
2) humira, although very expensive, is still much much cheaper than xyrem(by a factor of 4)

drugs like humira should be much more expensive than xyrem

J. Hugh Sullivan

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May 26, 2017, 6:04:42 PM5/26/17
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On Fri, 26 May 2017 14:01:05 -0400, RoddyMcCorley
<Roddy.M...@verizon.net> wrote:

>The challenge is to handle pharma in a way that promotes innovation, but
>also keeps a check on drug prices.

R&D is costly.

I'm not a fan of regulation but, when greed is the focus of a group
that has health by the testicles, some order of regulation might be
acceptable.

A shorter protected period, followed by generics might be one way.
However a shorter period might not allow the creator to recoup costs.
In such a case the generics might have to lease rights to produce.

The unacceptable object in the juice container would be government
participation.

Hugh


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dnrapp

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May 27, 2017, 11:18:30 PM5/27/17
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How do you think they can pay you mid 6 figures to pass out prescriptions for pills?

michael anderson

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May 28, 2017, 7:07:01 PM5/28/17
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Since 'they' don't pay me anything and I pass out very few pills I wouldn't know
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