- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Ex hedge funder raises AIDS meds from $13.50 to $750.
Posted on 9/22/15 at 2:52 am
Posted on 9/22/15 at 2:52 am
Still says it's underpriced even though it costs $1 to make. Yay capitalism.
LINK
LINK
19
Posted on 9/22/15 at 2:56 am to TJGator1215
I hope he gets arse raped and catches AIDs
Posted on 9/22/15 at 3:03 am to TJGator1215
quote:You and I have different definitions of capitalism. When it is illegal for someone to compete with this ashhole CEO and his a-hole company because of monopoly privileges specifically granted by the government.......that's not capitalism.
Yay capitalism.
Wanna see an example of real capitalism? Haggen grocery stores expanded by over 150 stores, expanding from their niche role in the pacific northwest to every region of the west coast. Well, their entry into the grocery market of the southwest has been an unmitigated disaster Why? Because their prices are higher than the existing stores. Haggen is now closing tons of locations and is an absolute mess.........that's capitalism.
The folks who were benefiting from this drug can simply by something similar from other countries, like we do cars, electronics, and food.....oops sorry, our moronic government has made it ILLEGAL to buy prescription drugs from other nations.
I know you as an arrogant, ignorant twat saw this story and immediately thought it could be used as evidence to advance your hideous, pinko worldview, but unfortunately for you, that's not what this is.
Before you post stories to make your ideas seem more compelling, educate yourself on the facts.
This post was edited on 9/22/15 at 3:09 am
Posted on 9/22/15 at 3:37 am to HailHailtoMichigan!
quote:
HailHailtoMichigan!
Posted on 9/22/15 at 3:41 am to HailHailtoMichigan!
Damn, son, well done. 
Posted on 9/22/15 at 3:43 am to HailHailtoMichigan!
quote:
HailHailtoMichigan
You
The mic
Posted on 9/22/15 at 4:24 am to HailHailtoMichigan!
quote:
mo·nop·o·ly cap·i·tal·ism
noun
ECONOMICS
a capitalist system typified by trade monopolies in the hands of a few people
Posted on 9/22/15 at 4:59 am to TJGator1215
Hildebeast has hit this so hard already it almost feels like a manufactured news story.
Posted on 9/22/15 at 6:26 am to TJGator1215
Scum
Posted on 9/22/15 at 6:44 am to TJGator1215
Let me introduce you to the difference between variable cost and fixed cost. Variable cost is what it takes to make each pill. Fixed cost is what it takes to get the very first one to market. In the pharma business fixed cost is usually enormous due to the expense of clinical trials, getting FDA approval, etc. It isn't unusual for variable cost to be $1 per pill but fixed cost to be half a billion or more, so it's entirely possible he's correct.
And why does it matter to you whether he is a former hedge funder?
And why does it matter to you whether he is a former hedge funder?
Posted on 9/22/15 at 7:19 am to HailHailtoMichigan!
Posted on 9/22/15 at 7:25 am to foshizzle
quote:
Fixed cost is what it takes to get the very first one to market. In the pharma business fixed cost is usually enormous due to the expense of clinical trials, getting FDA approval, etc. It isn't unusual for variable cost to be $1 per pill but fixed cost to be half a billion or more, so it's entirely possible he's correct.
I don't think that applies in this case since this pill has been on the market since 1957.
Posted on 9/22/15 at 7:26 am to TJGator1215
Isn't this a 60 year old drug, aka they probably have a couple of generics that will put this dumb arse out of business?
Posted on 9/22/15 at 7:27 am to foshizzle
The pill has been approved for 60 years. They bought the rights for 10 years. His job was the headline.
Posted on 9/22/15 at 7:27 am to 504ByrdGang
quote:
I hope he gets arse raped and catches AIDs
Yeah, that would be the karma he deserves. This is simply sickening, especially for something as harrowing as AIDS.
Posted on 9/22/15 at 7:28 am to foshizzle
quote:
Let me introduce you to the difference between variable cost and fixed cost. Variable cost is what it takes to make each pill. Fixed cost is what it takes to get the very first one to market. In the pharma business fixed cost is usually enormous due to the expense of clinical trials, getting FDA approval, etc. It isn't unusual for variable cost to be $1 per pill but fixed cost to be half a billion or more, so it's entirely possible he's correct
I believe in this case the pill has been on the market since the 1950s. They later discovered it helps with AIDS and cancer patients.
Posted on 9/22/15 at 7:30 am to TJGator1215
quote:
Yay capitalism.
Capitalism??? Capitalism would allow for competition in making this drug to drive down the price. This is pure, predatory pricing.
Posted on 9/22/15 at 7:30 am to HailHailtoMichigan!
quote:
You and I have different definitions of capitalism. When it is illegal for someone to compete with this ashhole CEO and his a-hole company because of monopoly privileges specifically granted by the government.......that's not capitalism.
Are you saying the patent system is not consistent with capitalism?
Posted on 9/22/15 at 7:33 am to TJGator1215
The drug rights have been returned to Its manufacture, purdue university affiliated Npo
Posted on 9/22/15 at 7:33 am to TJGator1215
Isn't there a Presidential candidate that's talking about hedge funders?
Page 1 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News