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re: Trump to Big Pharma - "We are going to end Global Free-Loading" - BOOM!
Posted on 1/31/17 at 10:18 am to LSURussian
Posted on 1/31/17 at 10:18 am to LSURussian
quote:
You've got it completely backwards, if that's your argument.
That argument would be backwards, yes.
Posted on 1/31/17 at 10:19 am to NC_Tigah
Good god. How many sacred cows is he going to slaughter in just a couple weeks. He is taking on big pharma now.
Posted on 1/31/17 at 10:19 am to mmcgrath
quote:
This is the biggest line of BS that shows Trump is either clueless or is lying.
It's as dumb as Obama's line about physicians doing tonsillectomies because they get reimbursed at a higher rate.
Posted on 1/31/17 at 10:19 am to LSURussian
quote:Yes.
If so, if we negotiate down the cost of prescription drugs here to the level of Europe and Canada, will that cause pharma companies to cut back on R&D?
If we negotiated down the cost of US prescription drugs to current levels in Europe and Canada, R&D would necessarily decline
So rather than our prices being brought down to artificially low EU prices, pricing would need be appropriately leveled across a 1st world consumer base.
EU prices would have to increase, as ours declined.
Posted on 1/31/17 at 10:21 am to therick711
quote:Strike THREE! You're out!
That isn't what I am saying.
Posted on 1/31/17 at 10:23 am to the808bass
quote:Rural Guatemala promoted as a 1st World country is an extreme "example" indeed.
Demonstrating the issue through an extreme example
Posted on 1/31/17 at 10:23 am to the808bass
quote:It is in the same vein, and neither should drive policy decisions or regulations.
It's as dumb as Obama's line about physicians doing tonsillectomies because they get reimbursed at a higher rate.
Posted on 1/31/17 at 10:24 am to NC_Tigah
quote:
Rural Guatemala promoted as a 1st World country is an extreme "example" indeed.
It's beautiful there!
Posted on 1/31/17 at 10:25 am to NC_Tigah
quote:How can we help that along?
So rather than our prices being brought down to artificially low EU prices, pricing would need be appropriately leveled across a 1st world consumer base.
EU prices would have to increase, as ours declined.
I'm trying to put myself into the shoes of a pharma CEO. I know that if the US ever gets serious about not subsidizing my company's R&D, I've got to either replace that revenue somehow, somewhere or reduce R&D expenditures.
The later option is not in the consuming public's long-term best interest, obviously.
Posted on 1/31/17 at 10:27 am to LSURussian
Tie US prices to the prices in the rest of the first world, allow re-importation. That's the easy quick fix, but one that will probably ultimately hurt innovation.
Posted on 1/31/17 at 10:27 am to mmcgrath
quote:
Then maybe we shouldn't gut the FDA's budget. Also, the FDA reviews drug trials as they move through completion. They go out of their way to help new drugs get on the market.
Oh Jesus Christ.
Posted on 1/31/17 at 10:31 am to NC_Tigah
Things we know are true:
The FDA is not truly concerned with the safety of Americans.
Drug companies cannot be trusted.
-----
This isn't a solution. It's a political play.
Want to fix healthcare? Want to reduce prices?
Change the entire game.
What is healthcare today should be laughed at by the healthcare of tomorrow. (Obviously this won't happen as long as the complex that fortifies industries like the medical industry exists).
People are trapped. People involved in the industry. People who blindly trust the industry. People truly don't know any better, most think they're doing the right thing. They're not.
The FDA is not truly concerned with the safety of Americans.
Drug companies cannot be trusted.
-----
This isn't a solution. It's a political play.
Want to fix healthcare? Want to reduce prices?
Change the entire game.
What is healthcare today should be laughed at by the healthcare of tomorrow. (Obviously this won't happen as long as the complex that fortifies industries like the medical industry exists).
People are trapped. People involved in the industry. People who blindly trust the industry. People truly don't know any better, most think they're doing the right thing. They're not.
Posted on 1/31/17 at 10:31 am to NC_Tigah
quote:
Rural Guatemala promoted as a 1st World country is an extreme "example" indeed.
If I promoted it as an example of a 1st world country, you'd have a point.
You sound dumber the more you talk.
Posted on 1/31/17 at 10:33 am to LSURussian
quote:Though either:
How can we help that along?
I'm trying to put myself into the shoes of a pharma CEO. I know that if the US ever gets serious about not subsidizing my company's R&D, I've got to either replace that revenue somehow, somewhere or reduce R&D expenditures.
(1) Opening consumer markets
(2) EU-style CMS and consortium negotiation
(3) Tax policy
I'd favor #1. Trump seems to lean toward #2 (which should scare hell out of the industry)
Posted on 1/31/17 at 10:40 am to the808bass
quote:
Do people understand that big Pharma has been driving these "dying patients access to experimental treatments" through state legislature after state legislature?
I would imagine they would rather start profiting from the medicine sooner, but that does not mean they have the incentive to kill people. They aren't mutually exclusive.
Posted on 1/31/17 at 10:40 am to the808bass
quote:That might be a decent analogy . . . .
It's as dumb as Obama's line about physicians doing tonsillectomies because they get reimbursed at a higher rate.
but Obama took stupidity to the next level. He cited "Pediatricians performing a tonsillectomy"
Posted on 1/31/17 at 10:43 am to hendersonshands
quote:
Does getting rid of regulation not open the door for more dangerous drugs on the market?
If you got rid of all regulations: yes
If you streamlined regulations: no
Posted on 1/31/17 at 10:50 am to the808bass
quote:One other point on that:
It's as dumb as Obama's line about physicians doing tonsillectomies because they get reimbursed iesat a higher rate.
There was an actual rush to perform tonsilectomies at one time, it just wasn't driven by money hungry doctors. In the case of the FDA denying treatment to a dying patient, it just doesn't happen.
Posted on 1/31/17 at 10:54 am to NC_Tigah
Both are simplistic statements easily discounted by people who actually know things.
Pediatrician aren't doing tonsillectomies and hundreds of patients aren't dying because the FDA waited four weeks to approve a drug.
Pediatrician aren't doing tonsillectomies and hundreds of patients aren't dying because the FDA waited four weeks to approve a drug.
Posted on 1/31/17 at 11:07 am to mmcgrath
quote:mmcgrath, while technically the FDA may not directly "deny" a patient, in most cases even vis-a-vis "compassionate access", the roadblocks it lays down can be insurmountable.
In the case of the FDA denying treatment to a dying patient, it just doesn't happen.
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