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Trump blames foreign countries who negotiate lower prices for prescription drugs for their countries - for the high prescription costs in the USA.
I actually blame the FDA..yep our own government is the ones screwing us
and yes trump in his way...is correct
They are so expensive here(USA) in large part because we pay for their(other foreign countries) free ride.
Socialized medicine is not the answer. Drug reimportation and fair price differentials between American sales and foreign sales to keep your patent is, in addition to various regulatory changes (there are many potential effective options) to stop companies like Retrophin and Gilead from snapping up companies that do real research to up-charge the drugs.
Regulatory change and reimportation (or a similar lever to force other countries to stop free riding) are both necessary and sufficient to bring down drug prices without killing research. Socialized medicine without a lever elsewhere is neither.
Policy on Importation of Drugs (1998)
The United States Federal Food, Drug, and Cosmetic Act (Act) (21 U.S.C. section 331) prohibits the interstate shipment (which includes importation) of unapproved new drugs. Thus, the importation of drugs that lack FDA approval, whether for personal use or otherwise, violates the Act. Unapproved new drugs are any drugs, including foreign-made versions of U.S. approved drugs, that have not been manufactured in accordance with and pursuant to an FDA approval. Under the Act, FDA may refuse admission to any drug that "appears" to be unapproved, placing the burden on the importer to prove that the drug sought to be imported is in fact approved by FDA. Absent evidence that the specific drugs sought to be imported from a foreign country/area have been manufactured pursuant to an approved new drug application, in the manufacturing facility permitted under the application, such drugs would appear to be unapproved new drugs subject to FDA enforcement action.
"The U.S. Kefauver Harris Amendment or "Drug Efficacy Amendment" is a 1962 amendment to the Federal Food, Drug, and Cosmetic Act.
It introduced a requirement for drug manufacturers to provide proof of the effectiveness and safety of their drugs before approval, required drug advertising to disclose accurate information about side effects, and stopped cheap generic drugs being marketed as expensive drugs under new trade names as new "breakthrough" medications."
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The pharmacy companies are paying for the R&D with US profits. http://www.scientificamerican.com/ar...-exceeds-2-5b/
One of the reasons this figure is so high is because of failed drugs. In addition to that they have a short window to recover those costs before the patent expires.
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all in the name of liberal big government watching you safety
FDA is alerting consumers and health care professionals that counterfeit versions of Cialis 20 mg tablets were found in the mail on its way to a U.S. consumer. While this shipment was stopped, FDA is concerned about other possible mail shipments to consumers. FDA laboratory analysis showed the counterfeit versions contain multiple active ingredients, which if used could result in adverse effects or harm. Consumers should only buy prescription medicines from state-licensed pharmacies located in the U.S.
this is why....the big nanny government must keep you safe....even if it costs you 5000% more
I guess Leftists WANT to keep paying high prices. You can pay more if you'd like, just hand the cashier double and tell them to keep the change.
Companies negotiate prices with drug companies. Unfortunately, small companies have no leverage that the larger ones do. As a union family, our prescriptions are 2$. Why do you think that is.
All that needs to be done is allow the international purchase of prescription drugs, not only by end users but also distributors. That would put an end to regional market variances. Big pharma wouldn't be able to sell a bottle of pills for $200 here if I could order directly from Mexico for $20 or from a distributor who ordered from Mexico for $30.
I guess Leftists WANT to keep paying high prices. You can pay more if you'd like, just hand the cashier double and tell them to keep the change.
The one thing I was counting on as Trump to use his business 'expertise' -cough cough -- to bring down drug prices.
This old argument -- Americans pay more so others pay less is tired, old and too easy.
Pharmaceuticals have enjoyed profits -- even during the recession - they are such great business people until it comes to being able to find better prices for Americans.
I don't identify liberal or conservative..but if Trump can't fix this -- he's not the deal maker anybody said he was...and all those other countries are.
Companies negotiate prices with drug companies. Unfortunately, small companies have no leverage that the larger ones do. As a union family, our prescriptions are 2$. Why do you think that is.
Nat, that is for ALL drugs or by formulary (ie brand vs generic)
this thread is about the COST per pill here in the USA vs Foreign countries
and the 2 reasons are we (the USA) are PAYING for their price reductions...and government interference........................... so the reason prices higher here...our government makes it illegal to buy FROM foreign countries, and we are supplying WELLFARE in drug prices world wide....and who pays for the worldwide drug welfare ....we (the usa) do
The one thing I was counting on as Trump to use his business 'expertise' -cough cough -- to bring down drug prices.
This old argument -- Americans pay more so others pay less is tired, old and too easy.
Pharmaceuticals have enjoyed profits -- even during the recession - they are such great business people until it comes to being able to find better prices for Americans.
I don't identify liberal or conservative..but if Trump can't fix this -- he's not the deal maker anybody said he was...and all those other countries are.
do you expect trump to '''use his business 'expertise' to negotiate""" going against USA LAW
Policy on Importation of Drugs (1998)
The United States Federal Food, Drug, and Cosmetic Act (Act) (21 U.S.C. section 331) prohibits the interstate shipment (which includes importation) of unapproved new drugs. Thus, the importation of drugs that lack FDA approval, whether for personal use or otherwise, violates the Act. Unapproved new drugs are any drugs, including foreign-made versions of U.S. approved drugs, that have not been manufactured in accordance with and pursuant to an FDA approval. Under the Act, FDA may refuse admission to any drug that "appears" to be unapproved, placing the burden on the importer to prove that the drug sought to be imported is in fact approved by FDA. Absent evidence that the specific drugs sought to be imported from a foreign country/area have been manufactured pursuant to an approved new drug application, in the manufacturing facility permitted under the application, such drugs would appear to be unapproved new drugs subject to FDA enforcement action.
Policy on Importation of Drugs (1998)
The United States Federal Food, Drug, and Cosmetic Act (Act) (21 U.S.C. section 331) prohibits the interstate shipment (which includes importation) of unapproved new drugs. Thus, the importation of drugs that lack FDA approval, whether for personal use or otherwise, violates the Act. Unapproved new drugs are any drugs, including foreign-made versions of U.S. approved drugs, that have not been manufactured in accordance with and pursuant to an FDA approval. Under the Act, FDA may refuse admission to any drug that "appears" to be unapproved, placing the burden on the importer to prove that the drug sought to be imported is in fact approved by FDA. Absent evidence that the specific drugs sought to be imported from a foreign country/area have been manufactured pursuant to an approved new drug application, in the manufacturing facility permitted under the application, such drugs would appear to be unapproved new drugs subject to FDA enforcement action.
the problem is big government
No I didn't even suggest he goes out of the country.
The problem isn't buying drugs outside the USA. It's American companies telling Americans that they pay more because the rest of the world won't pay the right prices.
Policy on Importation of Drugs (1998)
The United States Federal Food, Drug, and Cosmetic Act (Act) (21 U.S.C. section 331) prohibits the interstate shipment (which includes importation) of unapproved new drugs. Thus, the importation of drugs that lack FDA approval, whether for personal use or otherwise, violates the Act. Unapproved new drugs are any drugs, including foreign-made versions of U.S. approved drugs, that have not been manufactured in accordance with and pursuant to an FDA approval. Under the Act, FDA may refuse admission to any drug that "appears" to be unapproved, placing the burden on the importer to prove that the drug sought to be imported is in fact approved by FDA. Absent evidence that the specific drugs sought to be imported from a foreign country/area have been manufactured pursuant to an approved new drug application, in the manufacturing facility permitted under the application, such drugs would appear to be unapproved new drugs subject to FDA enforcement action.
the problem is big government
Hrmmm, gee, if only there was someone in the USA that could make some changes to the federal laws?
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