GoFuckYourself.com - Adult Webmaster Forum - View Single Post - CEO: 5,000 % drug price hike "not excessive at all"

Barry-xlovecam · 09-22-2015, 01:34 PM

I read that yesterday also ... His reasoning was that the low quantities needed and sold justified the price.

One of the drugs was a re-patented, re-formulated generic drug, whose production had first begun some 60 years ago. These problems are caused by pharmaceutical patent policy abuse allowed by the FDA.

There has to be government tax and pharmaceutical patent policy, maybe in some cases, tax credit policy to prevent abuses like these by pharmaceutical patent holders. If pharmaceutical manufacturers produce drugs with unconscionable prices -- their patents should be forfeit with the government then licensing production at a reasonable cost to patients.

There would need to be a law that would allow this to be done with some equitable due process. Right now it could not be legally done. So, we are stuck with paying or dying at the mercy of profit -- that is too high of a price to pay -- human suffering with wellness a choice of bankruptcy or death. This extortion pricing should be illegal but it usually isn't in AmeriKa.

09-22-2015, 01:34 PM
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	I read that yesterday also ... His reasoning was that the low quantities needed and sold justified the price. One of the drugs was a re-patented, re-formulated generic drug, whose production had first begun some 60 years ago. These problems are caused by pharmaceutical patent policy abuse allowed by the FDA. There has to be government tax and pharmaceutical patent policy, maybe in some cases, tax credit policy to prevent abuses like these by pharmaceutical patent holders. If pharmaceutical manufacturers produce drugs with unconscionable prices -- their patents should be forfeit with the government then licensing production at a reasonable cost to patients. There would need to be a law that would allow this to be done with some equitable due process. Right now it could not be legally done. So, we are stuck with paying or dying at the mercy of profit -- that is too high of a price to pay -- human suffering with wellness a choice of bankruptcy or death. This extortion pricing should be illegal but it usually isn't in AmeriKa.