Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Goldman Sachs asks in biotech research report: ‘Is curing patients a sustainable business model?’
The company’s U.S. sales for these hepatitis C treatments peaked at $12.5 billion in 2015, but have been falling ever since. Goldman estimates the U.S. sales for these treatments will be less than $4 billion this year, according to a table in the report.
Cure rates of 90% = loss of $8 billion dollars. They won't do that again.
Note they speak in terms of the "success of the franchise [cure]" and the lack of treatable patients (customers).
What about the $58 billion Gilead made on hep C drugs since 2013?
"Remember, too, that Gilead's HCV drugs continue to make a lot of money. Although sales have steadily declined over the last three years, Gilead expects HCV revenue to stabilize going forward. The biotech's HCV franchise should generate close to $4 billion annually for years to come."
There are still people to cure at $4 billion per year. A lower profit is not the same as a loss. If they had not developed those drugs that is $58 billion never made and no $4 billion per year going forward.
Yes it's doing some as I was taking 2 ibuprofen every 6 hrs for too many years.
There are no price breaks and I pay about $80 every month for this "gel".
And WHY am I taking it, if only I did have bodywide OA going on 60 yrs....that is WHY. And I'm doing all I can to stay off any hard drugs and any more surgery...so far the HGH is supporting my efforts.
So many naysayers and they have NO CLUE as they've never used it...it's so new.
Make sure you have your kidney function checked. Not unusual at your age to have reduced function from NSAID's.
In fact they cut my renal function by at least 50%.
While I believe most docs (certainly the top tier of specialists and most GP's) are in that camp, the field as a whole isn't.
This isn't an opinion. You can talk to people who worked on Wall Street for decades studying the entire 3 Trillion dollar industry. It's about "opportunity". Those forces, unfortunately, are larger than you being good to a patient...
Same reason antibiotics aren't high on the list of R&D these days. Big Pharma wants stuff that people have to take forever. Look at even the "miracle" compounds which were designed for short term use - SSRIs. Despite never being designed or tested for decades of use, that is the way they are used by most all.
Why? Because on one hand it's cheaper but on the other it makes more profit.
Same is true with the opiate crisis and most everything else. Big Pharma would not have done a single thing differently if they knew what was going to happen (and they did, to an extent). Why should they? When the punishments NEVER fit the crime, surely human nature is going to go for the Gold.
GP's are now stuck with dealing with the fallout - but the Sackers and the big Pharma outfits don't care. Neither do the lawyers and all the orgs that will profit from the lawsuits.
Bidness is bidness for Pharma. Part of the doc's job is to wade through all the BS in the best interests of their patients.
First of all, it completely ignores the fact that the people who develop new treatments and medications, make them, sell them, and prescribe them also get the diseases that those treatments and drugs are used to treat. The idea that those people do not want treatments and drugs that "Heal & Cure" is absolutely ludicrous.
The idea that drug companies do not want to develop "one and done" treatments is also nonsense. So what if the drug is a victim of its own success? It made money for the maker even if the larger profits are loaded on the front end and diminish over time. Medical progress has always put some people out of business. Vaccines, for example, have greatly reduced the need for hospital beds for treatment of the diseases those vaccine prevent. The March of Dimes initially helped raise money for polio research. When polio was eliminated in the US with the advent of a successful vaccine it switched its focus to birth defects.
"Medical INDUSTRY does NOT want to Heal & Cure" is hogwash.
Let's be a bit more clear. The profit-centered Pharma industry and many profit-centered care centers and doctors IN THE USA do not want things to be cheaper...
As you know, it was with a lot of push from FDR and the government as well as others who were not doing so for CAPITALISM...that the polio cure was found. Salk was amazed when he was asked if he was going to patent the vaccine!
But that is not the typical situation these days.
Please explain, slowly and carefully, the 100's of billions made from opiates - which have existing for thousands of years, but which companies simply reformulated (and trademarked or patented) and then lied and misled to send 100's of thousands of Americans to their death.
Actually, let me stop there. It cannot be explained other than what we already know (I know drug reps). Drug companies have typically hired good looking young women to prance around to Doctors offices to push the product. Then they "buy" doctors to push the products to other doctors.
The USA is the one of the only civilized countries that allows Direct to Consumer drug advertising. Why? Again, I will answer. They make up diseases.....and then provide the "cures", which often are very dangerous. Maybe I can cure my toenail fungus by poisoning every cell in my body. My "restless leg syndrome" was never diagnosed before, but I do tap my feel at lot (I'm a musician).....
And on and on and on and on.
The Health Care system in the USA is very sick.
Explaining it away by "those people have families also" just does not cut it. Rick Scott and the Frists have families - of course. They also have 100's of millions or billions of dollars. One retired health care executive has about ONE BILLION dollars in pension and retirement.
Where do you think that money comes from? If they cared so much they'd be happy with 20 million and the rest wouldn't come out of the life spans of millions of Americans.
Also, listen to those Cancer Center of America commercials. It's a marketing company.
So I looked up "Glandula Suprarenalis Suis 6X", which is only mentioned on the seller's website. The seller also doesn't explain exactly what this ingredient is, or its specific function. Do you know what it is or do you just blindly buy the product? Are there any clinical trials of this substance or the other substances in this gel? How do you know that it's working for thousands - because the manufacturer claims it is true? BTW, the fact that it is heading to Hong Kong is not a great qualifier, IMHO - there are still men there who will buy powdered rhino horn to enhance their virility.
From time to time I have seen patients on destructive homeopathics. On the top of my head, one patient died of steroid complications, insisting her Chinese herbs were steroid free. Another developed problems from imported L-Tryptophan. So buyer beware.
Yep! Look at this: "Kyle Mullica, a Colorado lawmaker who carried a bill making it harder to opt out of immunizations, is scared for his life as well as the lives of his family members after receiving a threatening email. . . But after the bill passed the house Saturday, Mullica received an email saying, “You deserve death… The world would be better if your home burned down with you and your family in it.” . . . “I don’t want to be bullied and intimidated from doing what I believe in, what I believe is going to protect our community but there’s nothing I would ever do to put my family in harms way either.” " https://denver.cbslocal.com/2019/05/...-death-threat/
That's the way they work. They'll make him afraid for his family, and he'll give up. Ghouls.
Let's be a bit more clear. The profit-centered Pharma industry and many profit-centered care centers and doctors IN THE USA do not want things to be cheaper...
As you know, it was with a lot of push from FDR and the government as well as others who were not doing so for CAPITALISM...that the polio cure was found. Salk was amazed when he was asked if he was going to patent the vaccine!
But that is not the typical situation these days.
Please explain, slowly and carefully, the 100's of billions made from opiates - which have existing for thousands of years, but which companies simply reformulated (and trademarked or patented) and then lied and misled to send 100's of thousands of Americans to their death.
Actually, let me stop there. It cannot be explained other than what we already know (I know drug reps). Drug companies have typically hired good looking young women to prance around to Doctors offices to push the product. Then they "buy" doctors to push the products to other doctors.
The USA is the one of the only civilized countries that allows Direct to Consumer drug advertising. Why? Again, I will answer. They make up diseases.....and then provide the "cures", which often are very dangerous. Maybe I can cure my toenail fungus by poisoning every cell in my body. My "restless leg syndrome" was never diagnosed before, but I do tap my feel at lot (I'm a musician).....
And on and on and on and on.
The Health Care system in the USA is very sick.
Explaining it away by "those people have families also" just does not cut it. Rick Scott and the Frists have families - of course. They also have 100's of millions or billions of dollars. One retired health care executive has about ONE BILLION dollars in pension and retirement.
Where do you think that money comes from? If they cared so much they'd be happy with 20 million and the rest wouldn't come out of the life spans of millions of Americans.
Also, listen to those Cancer Center of America commercials. It's a marketing company.
Salk was a good man and developed a miraculous product at my university, but he was no saint.
"As pointed out by Robert Cook-Deegan at Duke University, “When Jonas Salk asked rhetorically “Would you patent the sun?” during his famous television interview with Edward R. Murrow, he did not mention that the lawyers from the National Foundation for Infantile Paralysis had looked into patenting the Salk Vaccine and concluded that it could not be patented because of prior art – that it would not be considered a patentable invention by standards of the day. Salk implied that the decision was a moral one, but Jane Smith, in her history of the Salk Vaccine, Patenting the Sun, notes that whether or not Salk himself believed what he said to Murrow, the idea of patenting the vaccine had been directly analyzed and the decision was made not to apply for a patent mainly because it would not result in one. We will never know whether the National Foundation on Infantile Paralysis or the University of Pittsburgh would have patented the vaccine if they could, but the simple moral interpretation often applied to this case is simply wrong.” " https://www.biotech-now.org/public-p...-in-the-making
Ah, opiates. For most of my career in nursing, doctors and other health care providers were accused of not treating pain adequately. Those who expressed concern about addiction were ridiculed and criticized. That all changed about 20 years ago. And I don't think some will ever quit looking for a decent pain reliever that is non-addictive. I thought that was BS when I heard it about the newer opiates, but what did I know?
That is very sexist. Not all reps are female, not all of the females are sex toys, and not all docs are males looking for a sex toy. My brother used to hire drug reps for a personnel agency. I once asked him what the requirements of the job were-did they need a college degree; did it need to be in science. Yes and no were the responses. He said what most drug companies were looking for is people who thought a 10 hour day was a break.
Wrong. New Zealand allows direct pharma advertising as well. I don't know if it works. They do keep doing the ads.
Last edited by Katarina Witt; 10-11-2019 at 08:58 PM..
Let's be a bit more clear. The profit-centered Pharma industry and many profit-centered care centers and doctors IN THE USA do not want things to be cheaper...
As you know, it was with a lot of push from FDR and the government as well as others who were not doing so for CAPITALISM...that the polio cure was found. Salk was amazed when he was asked if he was going to patent the vaccine!
But that is not the typical situation these days.
Please explain, slowly and carefully, the 100's of billions made from opiates - which have existing for thousands of years, but which companies simply reformulated (and trademarked or patented) and then lied and misled to send 100's of thousands of Americans to their death.
Actually, let me stop there. It cannot be explained other than what we already know (I know drug reps). Drug companies have typically hired good looking young women to prance around to Doctors offices to push the product. Then they "buy" doctors to push the products to other doctors.
The USA is the one of the only civilized countries that allows Direct to Consumer drug advertising. Why? Again, I will answer. They make up diseases.....and then provide the "cures", which often are very dangerous. Maybe I can cure my toenail fungus by poisoning every cell in my body. My "restless leg syndrome" was never diagnosed before, but I do tap my feel at lot (I'm a musician).....
And on and on and on and on.
The Health Care system in the USA is very sick.
Explaining it away by "those people have families also" just does not cut it. Rick Scott and the Frists have families - of course. They also have 100's of millions or billions of dollars. One retired health care executive has about ONE BILLION dollars in pension and retirement.
Where do you think that money comes from? If they cared so much they'd be happy with 20 million and the rest wouldn't come out of the life spans of millions of Americans.
Also, listen to those Cancer Center of America commercials. It's a marketing company.
Your skepticism and attacks directed at millions of us who work hard to heal people stinks.
Don't discount the efficacy of placebos (and homeos) and their positive effect on healing. They work nearly as well or at times better than many mainstream meds. And side effects are typically low. Obviously.
I've taken and responded nicely to many placebos.
Ah, but you know they are placebos. The problem is the homeopathy folks insist their products are not placebos and charge an enormous amount for them.
Placebos can indeed make people feel better (that's why they are used in clinical trials). The physiology has even been studied.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
