Pharma Just Sat Obama Down

Pharma is okay till you start either dictating price or remove patent / copyright protection. Then they have no way to pay for the federally mandated testing of drugs when they go to market.

It can cost $100Million or more to develop a drug. People don't stop to think how that is paid for. It gets paid for by Americans buying the prescriptions at outrageous prices. Canadians buy it for a fraction of the price or they don't buy it (happens both ways). They negotiate pretty heavily to get the drugs for less. Pharma usually agrees, figuring it's better to sell more, even though some is at a ridicously low price based on development cost. If Americans quit paying the development tab, these revolutionary new drugs will cease to be developed.

Now, we can talk about red pills and blue pills, not sure what happened to the white pills.

Dan

Yet we can't import drugs from Canada because Canadians are what, dying in the streets of Ottawa from poor drug quality? They are mostly American drugs to begin with for gawd's sake.

So much for a North American Freed Trade Agreement. Refer to Ross Perot, sucking sound of jobs going south, etc.
 
Well written but I'll go farther. ?

Equally interesting is who wrote it. Robert Reich was Clinton's pinko Secretary of Labor.

As discussed, Barry is getting into problems with the left these days as well and that doesnt even count Afghanistan opposition which is yet to come.
 
Back
Top