OBAMA approval PLUMMETS to a dreadful 40%

[Ail]

Viper1 said:

Ail said:

The drug I am talking about has been on market for 9 years, there's no new exclusive kickback..

And fact remains that the free market pressure will not apply to drugs that are only available from one manufacturer ( which is the case for pretty much every new biotech discovery) so saying that free market will lower the costs is just a plain misrepresentation. Those drugs take dozens of years to develop, it's not like others companies can release a comparable product when they see one taking off...

 

By the way, the same drug costs half the price in France. Is it because it's less regulated ? Nope, the government actually forces the manufacturer to lower their prices on prescriptions.

And funny enough, they haven't decided to leave that market despite those pressures...

Etanercept.  The drug you are referring to.  It's locked up to on manufacturer because they pantented the protein they symthesized to make it.  Your problem isn't with the medical indsutry, it's with the patent office.  Get your anger properly pointed.

Actually, they can relase similar drugs.  They are called generics.  And they are usually much less expensive than the original product.   The only reason a generic for Etanercept isn't avaiable in the US is because of the patent on the protein.  Europe doesn't hold the patent to the same strict hold and generics are already in development there.

There is also 5 other drugs ont he amrket that do the same thing that Etanercept does.   Pegsunercept, Infliximab, Adalimumab, Certolizumab Pegol and Golimumab.

The drug costs less in France because as I noted above, they have generics for it there.

thx1139 said:
Viper1,

You keep going on about others anecdotal comments. Yet I havent seen you post 1 link to a study supporting your points.

As for Lasik, why wouldn't the cost for a procedure that relies heavily on cutting edge technology (lasers and computers) reduce in cost over time. Most items that are computer based reduce over time. Look at the supercomputer you probably have in your pocket.

Kasz216,

Ezra Klein was 3 of the 13 sources and the major piece from Ezra Klein is just an industry report he provided a link to.

I addressesd the anecdote thing already.  Why bring it back up?   As for links to studies, no thank you.  Every study can be funded by a source that wants a desired outcome making them nothing more than talking points for the financier.  Besides, I prefer to use the less corruptable faculties like logic and reason.  If you let your mind be made up by some paid for study versus your own capacity for reason, then you are willingly being lead just like the study commissioner hoped you would.  You become their unpaid spokesperson.

And does not the majority of the healthcare industry now revolve around high end computers and technology?   Surgery times and recovery are reduced greatly thanks to technological innovations.  This increases patient volume, reduces hospital supply use per patatient, and so and so on yet the fees applied are still insane.

Tell me again why an 11 cent Tylenol is charged $5 on your hospital bill?   I do wish to hear your reasoning.

the price i quoted you in France was for the original protein not a generic.

Prices of most prescription medicines are cheaper in france not only because of generics. They are cheaper because most european government have been forcing manufacturers to lower their prices in their countries ( you can research it, the manufacturers keep bitching to no end about it, but for some weird reason they still keep selling those drugs in those countries.)