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Old 02-21-2022, 07:27 PM
 
15,590 posts, read 15,677,065 times
Reputation: 21999

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It's all about money.

You knew this. But, still, a good article.



This Is How Big Pharma Wins
Two years into the pandemic, the industry has evaded reforms a supermajority of voters want

The pharmaceutical industry lives in a state of permanent emergency. No victory is ever secure, no policy seedling too small not to be treated as a full-blown existential threat.
Pharma is an industry with a thousand eyes, ever watchful for signs of danger and diligent about reminding dissenters that its watch tower is a panopticon.
https://nymag.com/intelligencer/2022...arma-wins.html
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Old 02-25-2022, 12:41 PM
 
6,346 posts, read 2,900,201 times
Reputation: 7287
Good article. It deserves replies. Even Trump couldn't tame big pharma. If he can't who can?



Quote:
Despite Donald Trump’s campaign promise to rein in drug companies that he said were “getting away with murder,” he and every other Republican was silent when H.R. 3 was delivered stillborn into Mitch McConnell’s Senate in November of 2019. Two years later, when Joe Biden released the massive social-spending and climate-change bill dubbed Build Back Better, H.R. 3’s reforms were nowhere to be found within its 2,135 pages. This shocked and alarmed Democrats, who understood the risks of inaction went beyond the next election to the party’s very legitimacy. “People can’t understand why we haven’t brought up important legislation that 80 percent of the American people support,” noted Bernie Sanders at the time. “This has got to get done because seniors have expected it,”
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Old 02-25-2022, 12:54 PM
 
5,984 posts, read 2,238,141 times
Reputation: 4622
Quote:
Originally Posted by Cida View Post
It's all about money.

You knew this. But, still, a good article.



This Is How Big Pharma Wins
Two years into the pandemic, the industry has evaded reforms a supermajority of voters want

The pharmaceutical industry lives in a state of permanent emergency. No victory is ever secure, no policy seedling too small not to be treated as a full-blown existential threat.
Pharma is an industry with a thousand eyes, ever watchful for signs of danger and diligent about reminding dissenters that its watch tower is a panopticon.
https://nymag.com/intelligencer/2022...arma-wins.html
Big Pharma has avoided reforms for decades. Nothing will change unless Republicans get on board.

Any time there is a chance to reign in big Pharma all we gt on the right is people screaming: Capitalism good, government bad, free market, No regulation, No socialism.

This is confusing considering Big Pharm is a cartel the opposite of what you want in a free market Capitalist society. Most are not even American companies.

The other reason you need Republicans is to balance out the urge AOC and hard leftist will have to pull the solution too far left. Republicans can act as a counter while correcting this cartel we call the Pharmaceutical industry. But first, we have to get Republicans to want to do something, or nothing changes.
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Old 02-25-2022, 01:11 PM
 
21,382 posts, read 7,949,172 times
Reputation: 18156
Quote:
Originally Posted by Daryl_G View Post
Big Pharma has avoided reforms for decades. Nothing will change unless Republicans get on board.

Any time there is a chance to reign in big Pharma all we gt on the right is people screaming: Capitalism good, government bad, free market, No regulation, No socialism.

This is confusing considering Big Pharm is a cartel the opposite of what you want in a free market Capitalist society. Most are not even American companies.

The other reason you need Republicans is to balance out the urge AOC and hard leftist will have to pull the solution too far left. Republicans can act as a counter while correcting this cartel we call the Pharmaceutical industry. But first, we have to get Republicans to want to do something, or nothing changes.
Nothing is going to change.

Pharma has more lobbyists than congress critters.

And congress critter who truly tries to take on pharma will find campaign funding dropped to zero and they will be voted out, or they may be suicided if they actually seem to be gaining traction.

Pharma does what pharma wants.

Party has ZERO to do with it.
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Old 02-26-2022, 08:39 AM
 
761 posts, read 447,731 times
Reputation: 785
Quote:
Originally Posted by Cida View Post
It's all about money.

You knew this. But, still, a good article.



This Is How Big Pharma Wins
Two years into the pandemic, the industry has evaded reforms a supermajority of voters want

The pharmaceutical industry lives in a state of permanent emergency. No victory is ever secure, no policy seedling too small not to be treated as a full-blown existential threat.
Pharma is an industry with a thousand eyes, ever watchful for signs of danger and diligent about reminding dissenters that its watch tower is a panopticon.
https://nymag.com/intelligencer/2022...arma-wins.html

https://www.google.com/search?q=is+p...GAzIFCAAQhgM6B

Pfizer is the largest pharmaceutical company with revenue of 51.75 billion as of March 4, 2020.

https://www.macrotrends.net/stocks/c...-price-history

Quote:
Pfizer 50 year stock price history:
Scroll down to where it says, "Pfizer Historical Annual Stock Price Data"

Then look at the column where it gives the "Average Stock Price" for every year since 1973

It took almost 50 years for the stock price to go from almost nothing to 52.50 .... In my opinion, that's not big pharma, that's pathetic pharma.
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Old 02-26-2022, 09:04 AM
 
28,122 posts, read 12,603,511 times
Reputation: 15341
Well during Obamas term, the govt cracked down VERY hard on pharmaceutical opioids (painkillers), and this was at a time when prescription painkillers were were being given out like candy!


Its always surprised me that not a single pharma company tried to legally stop the new laws, doctors were getting kickbacks for writing all these prescriptions, they were cheap, so insurance companies loved them, (versus more expensive forms of pain management), the whole thing was very strange, Imo, its almost like the Mexican drug cartels lobbied the Govt do this, (once all the former painkiller addicts could no longer get prescription pills...they went straight to illegal opioids, and thats where it has remained since...giving the cartels a huge boost in business).


Plus, not even Trump talked about rescinding these laws either, (considering Trumps stance on Mexico in general), I thought he would do anything he could to throw a wrench into the Mexican drug cartels operations, but in this case, he kept the laws in place, which greatly benefited the cartels..??
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Old 02-26-2022, 09:05 AM
 
7,241 posts, read 4,552,074 times
Reputation: 11934
IT seems to me this one is easy to control, just don't take their drugs?

Lose weight, eat right, and ignore your doctors bull and you won't need their drugs.
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Old 02-26-2022, 12:13 PM
 
1,203 posts, read 618,753 times
Reputation: 874
Quote:
Originally Posted by rstevens62 View Post
Well during Obamas term, the govt cracked down VERY hard on pharmaceutical opioids (painkillers), and this was at a time when prescription painkillers were were being given out like candy!


Its always surprised me that not a single pharma company tried to legally stop the new laws, doctors were getting kickbacks for writing all these prescriptions, they were cheap, so insurance companies loved them, (versus more expensive forms of pain management), the whole thing was very strange, Imo, its almost like the Mexican drug cartels lobbied the Govt do this, (once all the former painkiller addicts could no longer get prescription pills...they went straight to illegal opioids, and thats where it has remained since...giving the cartels a huge boost in business).


Plus, not even Trump talked about rescinding these laws either, (considering Trumps stance on Mexico in general), I thought he would do anything he could to throw a wrench into the Mexican drug cartels operations, but in this case, he kept the laws in place, which greatly benefited the cartels..??
There has not been a change in the controlled substance act. DEA decided to change its views. The only change would be legalizing erx of controlled substances.

My memory of what was available back than and at what price point isn't the best. NSAIDs are cheap. Lidocaine coverage tends to be limited and requires a pa. Duloxetine, Voltaren gel and pregabalin were still brand only. Amitriptyline and gabapentin were generically available with good coverage and are inexpensive.

The idea that less is more with opioids has existed for a long time. Over time you become habituated to it. You can also become more sensitive to pain in general.

Starting in the 1980s, there was a swing to provide more pain relief, ie the 6th vital sign. Through a combination of this mindset, willful forgetfulness, and pharma detailing providers started to prescribe more. It was actually a relatively small number of providers who were truly problematic. DEA snapped very quickly in 2013 to a stricter standard. They went after the low hanging fruit of wholesalers and pharmacies. They now realize they went overboard and are just now loosening standards
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Old 02-26-2022, 12:21 PM
 
45,229 posts, read 26,450,499 times
Reputation: 24987
Get rid of govt oversight and protections, subject the co’s to liability laws
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Old 02-26-2022, 12:49 PM
 
1,203 posts, read 618,753 times
Reputation: 874
Quote:
Originally Posted by Frank DeForrest View Post
Get rid of govt oversight and protections, subject the co’s to liability laws
We did have that and people unknowingly became addicted to narcotics. Even after regulation began, we had a drug in which the manufacturer used antifreeze as a solvent.
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