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Old Yesterday, 07:52 PM
 
Location: Jewel Lake (Sagle) Idaho
25,840 posts, read 16,775,437 times
Reputation: 14435

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The cost of developing new drugs and medications is huge-often in the billions of dollar by the time the cost of "dead end" research that doesn't produce a salable product, the cost of years of animal and human testing is included and the cost of production facilities is factored in.

These costs are born nearly exclusively by American consumers, insurance companies and taxpayers. Without someone paying-these new, lifesaving treatments will never make it to market. So, US citizens pay the development costs-then after these costs are incurred, the drugs are offered to the rest of the world at a a great discount-none of the development cost, simply the production costs.

Now, the question is-how do we get the rest of the world to help bear the costs of developing these lifesaving treatments?
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Old Yesterday, 07:55 PM
Status: "Putin via Trump is slowly destroying the USA" (set 2 days ago)
 
Location: The United States of America
2,344 posts, read 882,677 times
Reputation: 1433
Sucker them into using for profit health care systems.
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Old Yesterday, 07:57 PM
 
Location: Michigan
1,981 posts, read 1,264,154 times
Reputation: 4462
Quote:
Originally Posted by Toyman at Jewel Lake View Post
The cost of developing new drugs and medications is huge-often in the billions of dollar by the time the cost of "dead end" research that doesn't produce a salable product, the cost of years of animal and human testing is included and the cost of production facilities is factored in.

These costs are born nearly exclusively by American consumers, insurance companies and taxpayers. Without someone paying-these new, lifesaving treatments will never make it to market. So, US citizens pay the development costs-then after these costs are incurred, the drugs are offered to the rest of the world at a a great discount-none of the development cost, simply the production costs.

Now, the question is-how do we get the rest of the world to help bear the costs of developing these lifesaving treatments?
We don't.

/thread
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Old Yesterday, 08:12 PM
 
Location: Kansas City, MISSOURI
6,779 posts, read 2,030,062 times
Reputation: 5489
Quote:
Originally Posted by Toyman at Jewel Lake View Post
The cost of developing new drugs and medications is huge-often in the billions of dollar by the time the cost of "dead end" research that doesn't produce a salable product, the cost of years of animal and human testing is included and the cost of production facilities is factored in.

These costs are born nearly exclusively by American consumers, insurance companies and taxpayers. Without someone paying-these new, lifesaving treatments will never make it to market. So, US citizens pay the development costs-then after these costs are incurred, the drugs are offered to the rest of the world at a a great discount-none of the development cost, simply the production costs.

Now, the question is-how do we get the rest of the world to help bear the costs of developing these lifesaving treatments?
AFAIK, every nation has their own drug standards, it might be hard to get a drug company to conform their testing procedures to fit every nation's rules.

That said, so many drug companies these days are multinationals, it's probably a moot point. Roche and Novartis are Swiss, Sanofi is French, GlaxoSmithKline is British, and so on, and so forth. They all probably have testing labs all over the world.
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Old Yesterday, 09:08 PM
 
10,861 posts, read 2,953,773 times
Reputation: 9241
Quote:
Originally Posted by Toyman at Jewel Lake View Post
The cost of developing new drugs and medications is huge-often in the billions of dollar by the time the cost of "dead end" research that doesn't produce a salable product, the cost of years of animal and human testing is included and the cost of production facilities is factored in.

These costs are born nearly exclusively by American consumers, insurance companies and taxpayers. Without someone paying-these new, lifesaving treatments will never make it to market. So, US citizens pay the development costs-then after these costs are incurred, the drugs are offered to the rest of the world at a a great discount-none of the development cost, simply the production costs.

Now, the question is-how do we get the rest of the world to help bear the costs of developing these lifesaving treatments?
You are buying a complete lie.

If you've gone that far down the rabbit hole it's going to be hard for you to get out...you probably won't.

Lexapro - developed by a Danish Company. Licensed to a company in the USA, Canada (and probably elsewhere). Out of patent by now.

Generic - maybe $50-80 per month.
Brand Name - $400 per month.

No US R&D. No US Patent. Cost of manufacture is about $2. for a months supply.

Why is it $400? Ask the Pharma Bro.......

Why is it that people keep repeating the same falsehoods fed to them by billionaires and corporations....over and over again? Don't you ever use common sense? Do you really not know that many top Pharma companies are in Europe? Israel? Ever hear of Roche? Novartis?

There is no answer to your question...because YOUR HIGH AMERICAN COSTS are going to the pensions of people like Rick Scott, the Frist Family, Romney and 100's of others who are making vast profits off the ridiculous prices we are paying.
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Old Yesterday, 09:28 PM
 
Location: SoCal
2,660 posts, read 2,079,525 times
Reputation: 2110
First off this is lie, it's just a scheme used to suck Americans dry. why? because capitalism that's why.

We've shot ourselves in the foot by allowing a for profit totally health market. Research has shown us that majority of that money does not go into research, and many of these "new" drugs are the same drugs renamed to scheme people who need it out of their hard earned money. I mean who can blame them we've been idiots for so long paying quadruple for the same products.

All they have to say is research then the price jumps year over year. Can someone tell me what research is being done that the price of insulin keeps growing by leaps and bounds? Healthcare is this country has gotten so corrupt that taking care of people is literally a by product not what the system is designed to do.

I don't see us being able to do anything, but suck up the higher prices year over year. Trump tried with the prices, but these companies have so much power that when people stop buying non essentials the essentials will pay the price.
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Old Yesterday, 09:30 PM
 
Location: SoCal
2,660 posts, read 2,079,525 times
Reputation: 2110
Quote:
Originally Posted by craigiri View Post
You are buying a complete lie.

If you've gone that far down the rabbit hole it's going to be hard for you to get out...you probably won't.

Lexapro - developed by a Danish Company. Licensed to a company in the USA, Canada (and probably elsewhere). Out of patent by now.

Generic - maybe $50-80 per month.
Brand Name - $400 per month.

No US R&D. No US Patent. Cost of manufacture is about $2. for a months supply.

Why is it $400? Ask the Pharma Bro.......

Why is it that people keep repeating the same falsehoods fed to them by billionaires and corporations....over and over again? Don't you ever use common sense? Do you really not know that many top Pharma companies are in Europe? Israel? Ever hear of Roche? Novartis?

There is no answer to your question...because YOUR HIGH AMERICAN COSTS are going to the pensions of people like Rick Scott, the Frist Family, Romney and 100's of others who are making vast profits off the ridiculous prices we are paying.
What makes it even worse is these people are now in our freaking politics. there's no way for Americans to ever have any control over out healthcare as long as people like Rick Scott who we know has robbed Medicare to make his millions are running out country.
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Old Yesterday, 09:42 PM
 
Location: The Woods
16,654 posts, read 21,782,434 times
Reputation: 8714
Healthcare should not be for profit. We should be funding research in our universities and public and non-profit hospitals, not paying through the nose to pad shareholder pockets.
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Old Yesterday, 09:47 PM
 
5,590 posts, read 2,484,196 times
Reputation: 2048
Quote:
Originally Posted by Toyman at Jewel Lake View Post

Now, the question is-how do we get the rest of the world to help bear the costs of developing these lifesaving treatments?
Load up their governments with a bunch of pharma lobbyists to purchase politicians like we do in this country.
Not really though.
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Old Yesterday, 09:50 PM
 
Location: Japan
9,980 posts, read 4,037,686 times
Reputation: 6360
Quote:
Originally Posted by Toyman at Jewel Lake View Post
The cost of developing new drugs and medications is huge-often in the billions of dollar by the time the cost of "dead end" research that doesn't produce a salable product, the cost of years of animal and human testing is included and the cost of production facilities is factored in.

These costs are born nearly exclusively by American consumers, insurance companies and taxpayers. Without someone paying-these new, lifesaving treatments will never make it to market. So, US citizens pay the development costs-then after these costs are incurred, the drugs are offered to the rest of the world at a a great discount-none of the development cost, simply the production costs.

Now, the question is-how do we get the rest of the world to help bear the costs of developing these lifesaving treatments?
You are overstating the case a bit here. People outside America do often pay less, but it's a lot more than just production costs. And the reason they pay less is that their governments negotiate lower prices from the drug companies. Why doesn't the American government do the same? These companies are making huge profits.
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