|
lol I'd say good luck with the 483s but this idiot is never going to be able to manufacture. so I'll just say good luck burning bridges with every contract manufacturer you interact with. owning a dota2 team and getting into reddit slapfights is going to come off real professional
|
# ¿ Sep 22, 2015 06:00 |
|
|
# ¿ Apr 29, 2024 07:12 |
|
Millennials are idiots http://www.fiercepharma.com/story/thanks-turing-your-5000-price-hike-puts-pharma-election-hot-seat/2015-09-21 this dude is hosed basically
|
# ¿ Sep 22, 2015 06:07 |
|
Lars Blitzer posted:It also treats malaria, which means the price increase will kill people. Not probably, but that it will. https://en.wikipedia.org/wiki/Pyrimethamine There's other generics available and I'd be willing to bet that the FDA is going to allow another manufacturer to step in and produce it. Hopefully no one dies because of this idiot.
|
# ¿ Sep 22, 2015 06:13 |
|
Also, there are a ton of drugs which are FDA approved, but really old and don't have submissions for them. They're basically grandfathered products that aren't compliant with all regulations but since there's a need for them they're still produced. The FDA allows a company exclusivity to a generic under a few circumstances, and producing a submission for grandfathered products is one of them. Some less scrupulous companies (such as the one the CEO for Turing was previously fired from) will use this exclusivity to jack up prices hundreds or thousands of percent.
|
# ¿ Sep 24, 2015 03:26 |
|
Dapper Dan posted:generics are expensive to make and toxoplasmosis affects a relatively small amount of people. the drug was already cheap, been around for 4 decades and there was no real need for another copy. the cost for the drug was 13 bucks and generic may only reduce it to 7 or 6. not profitable enough. 3rd party manufacturing can free up the logistics for small generic companies (I sincerely doubt Turing is going to be doing any actual manufacturing themselves), but yeah, there's no way to prove equivalence legally without samples, which Turing is withholding. I can't wait to read about Turing's consent decree though e: What you predicted is already happening. Valeant bought isuprel and nitroprusside from Marathon then jacked the price up like 1000%. spacemang_spliff fucked around with this message at 03:34 on Sep 24, 2015 |
# ¿ Sep 24, 2015 03:30 |
|
TEAYCHES posted:medicare is required by law to not negotiate and has to pay full asking price Yeah that's a big part of the problem for drug prices actually. Since the rest of the civilized world uses a national healthcare system, their governments get to negotiate drug prices. But since 'Mericans scream about ARE FREEDUMBS, we managed to create a healthcare system where it is literally illegal for their government to negotiate on their behalf to lower drug prices. This whole thing is basically lol if you're an American
|
# ¿ Sep 24, 2015 03:43 |
|
Dapper Dan posted:isuprel is used in anesthesiology. like, it is used if you're having trouble breathing so not getting it will literally kill you. jacking up its price will gently caress up already strained healthcare systems. nitroprusside is also a heart drug for heart failure. so yes, these drug increases will kill people. I posted a link earlier that basically said about Turing's CEO "Good job making this an issue in an election year you loving idiot". Fortunately, in isuprel and nitropress's case there are other manufacturers although they'll probably raise their prices too. I think it's going to get worse with generic companies consolidation (such as Pfizer's acquisition of Hospira, Teva acquiring Allergan's generics, etc). R&D is a huge cost, but the obvious counter argument is you've spent more on advertising than R&D AND you still recouped enough to pay for bringing two more drugs to market. And yeah, wall streets priorities are toxic to pharma. Valeant's CEO said about the price hikes that his responsibility to is their shareholders, when in actuality Valeant's responsibility is provide safe and effective drugs to people who need drugs to you know... not die. It sucks that the only way that there is ever enough public support to fix regulatory issues is for a bunch of people to die. It's going to be tough for pharma when drug patent laws start changing, but then again, changing a pill's shape and color isn't really a good reason to prevent a drug going off-patent anyway enough effort posting. I hope this dude gets hit by a bus
|
# ¿ Sep 24, 2015 04:27 |
|
|
# ¿ Apr 29, 2024 07:12 |
|
Ork of Fiction posted:Also undercooked beef, iirc. Good I like cats and if I can become more like one by becoming a toxo vector I will die a happy catman
|
# ¿ Sep 24, 2015 04:57 |