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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
Posted by therick711
South
Member since Jan 2008
26134 posts
Posted on 1/31/17 at 10:18 am to
quote:

You've got it completely backwards, if that's your argument.


That argument would be backwards, yes. That isn't what I am saying.
Posted by Pax Regis
Alabama
Member since Sep 2007
15272 posts
Posted on 1/31/17 at 10:19 am to
Good god. How many sacred cows is he going to slaughter in just a couple weeks. He is taking on big pharma now.
Posted by the808bass
The Lou
Member since Oct 2012
128778 posts
Posted on 1/31/17 at 10:19 am to
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 by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138876 posts
Posted on 1/31/17 at 10:19 am to
quote:

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?
Yes.

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 by LSURussian
Member since Feb 2005
134890 posts
Posted on 1/31/17 at 10:21 am to
quote:

That isn't what I am saying.
Strike THREE! You're out!
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138876 posts
Posted on 1/31/17 at 10:23 am to
quote:

Demonstrating the issue through an extreme example
Rural Guatemala promoted as a 1st World country is an extreme "example" indeed.
Posted by mmcgrath
Indianapolis
Member since Feb 2010
37341 posts
Posted on 1/31/17 at 10:23 am to
quote:

It's as dumb as Obama's line about physicians doing tonsillectomies because they get reimbursed at a higher rate.
It is in the same vein, and neither should drive policy decisions or regulations.
Posted by therick711
South
Member since Jan 2008
26134 posts
Posted on 1/31/17 at 10:24 am to
quote:

Rural Guatemala promoted as a 1st World country is an extreme "example" indeed.


It's beautiful there!
Posted by LSURussian
Member since Feb 2005
134890 posts
Posted on 1/31/17 at 10:25 am to
quote:

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.
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.

The later option is not in the consuming public's long-term best interest, obviously.
Posted by therick711
South
Member since Jan 2008
26134 posts
Posted on 1/31/17 at 10:27 am to
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 by igoringa
South Mississippi
Member since Jun 2007
12394 posts
Posted on 1/31/17 at 10:27 am to
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 by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 1/31/17 at 10:31 am to
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.



Posted by the808bass
The Lou
Member since Oct 2012
128778 posts
Posted on 1/31/17 at 10:31 am to
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 by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138876 posts
Posted on 1/31/17 at 10:33 am to
quote:

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.
Though either:

(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 by AUbagman
LA
Member since Jun 2014
11168 posts
Posted on 1/31/17 at 10:40 am to
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 by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138876 posts
Posted on 1/31/17 at 10:40 am to
quote:

It's as dumb as Obama's line about physicians doing tonsillectomies because they get reimbursed at a higher rate.
That might be a decent analogy . . . .

but Obama took stupidity to the next level. He cited "Pediatricians performing a tonsillectomy"
Posted by WeeWee
Member since Aug 2012
45554 posts
Posted on 1/31/17 at 10:43 am to
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 by mmcgrath
Indianapolis
Member since Feb 2010
37341 posts
Posted on 1/31/17 at 10:50 am to
quote:

It's as dumb as Obama's line about physicians doing tonsillectomies because they get reimbursed iesat a higher rate.
One other point on that:

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 by the808bass
The Lou
Member since Oct 2012
128778 posts
Posted on 1/31/17 at 10:54 am to
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.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138876 posts
Posted on 1/31/17 at 11:07 am to
quote:

In the case of the FDA denying treatment to a dying patient, it just doesn't happen.
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.
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