Big Pharma seeks special trade deal

[Chris]

OK, so before @zelmo1234 accuses me of using words to act superior, let me explain regional pricing. It's really simple, big pharmas, and by that I mean those who sell internationally, price pharmaceuticals by region. They will sell the same products cheaper in mexico and Canada than they will in the US. Why? Because the government protects them and allows it.

It's also called variable pricing and price discrimination. See, for example, What's Fair About Price Discrimination In Pharmaceutical Markets: "The companies want a system where they can charge different prices in different markets—whatever prices local markets will bear, without product leaking back from low-price to high-price marketplaces. Pharmaceutical companies can advance this goal by selling medicines at a discount, perhaps even a very steep one, in developing countries, while promoting regulations barring re-importation of these drugs to the U.S."


So it has nothing to do with "It sounds like bleeding heart libs want to give away these new drugs to poor countries at below cost." Or "hurting American companies and American employees." These companies, with the help of our government, are screwing Americans.

[PolWatch]

When the drug companies tell you about how much they spend on research of new drugs, do they bother to mention that a good bit of that expense is paid for using federal grant research money? The taxpayer underwrites the cost of research, the government then turns the rights over to private industry and big pharma sells us the drugs....at a nice mark-up. Neat deal....huh?

[Mac-7]

So you support pharmas using regional pricing? (If you don't know what that is, ask, I'll explain.)

If you take copyright protection away from the US drug companies in order to subsidize poor countries that does not help consumers in America.

[Peter1469]

Big Pharma executives rotate in and out of senior governmental regulatory roles and write legislation and regulations that govern Big Pharma. It is wholly corrupt.

[donttread]

Big Pharma?

Well known term to describe the real drug dealers .

[Chris]

If you take copyright protection away from the US drug companies in order to subsidize poor countries that does not help consumers in America.

I explain what regional pricing is in the next post, please read.

[Common]

Why can't Medicare provide drugs using the same lowest price bidder method that the VA does? Because its illegal. Big pharma has a great lobby.

George W put that clause in the Medicare Prescription drug program. The govt cannot negotiate for lower prices they pay the LIST

[Bob]

Why can't Medicare provide drugs using the same lowest price bidder method that the VA does? Because its illegal. Big pharma has a great lobby.

Insurance companies bid down prices for my drugs.

Just now got Glyburide approved again. It sets me back $1.20 per prescription. This is plan D.

[Ransom]

I get that, you support big government, you're an establishment status quo, fence-sitting Republican.



Your bell has been rung.

That your example of intellectual stay on topic debate format, FS?

[The Xl]

Big Pharma executives rotate in and out of senior governmental regulatory roles and write legislation and regulations that govern Big Pharma. It is wholly corrupt.

They should all be put away for life.

We're being run by criminals.