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re: Lets talk Yangs HC Plan
Posted on 12/17/19 at 10:01 am to Sneaky__Sally
Posted on 12/17/19 at 10:01 am to Sneaky__Sally
quote:
That is why we look at what other countries are paying - the worldwide market and pay in line with the market price.
You didn't address what I said though. If other countries are paying less, and the drug provider decides that they don't want to sell to the U.S. market because they aren't getting paid a fair price do you think the government just lets it go?
We would have to have a global standard for drugs so the FDA would allow international generics to be "worthy" for the U.S. consumer. I doubt that happens. It all leads to price fixing and cost shifting. That drug won't get made in the future if the company can't charge what they deem as a fair price for it.
Posted on 12/17/19 at 10:12 am to wutangfinancial
quote:
We would have to have a global standard for drugs so the FDA would allow international generics to be "worthy" for the U.S. consumer. I doubt that happens. It all leads to price fixing and cost shifting. That drug won't get made in the future if the company can't charge what they deem as a fair price for it.
You think that a drug company would bail on the US market if the US offered to purchase at the same rate seen in other highly developed Western European countries?
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