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Started By
Message
Unregulated Capitalism at its finest
Posted on 6/1/18 at 8:20 am
Posted on 6/1/18 at 8:20 am
NOLA.com
I know a lot of you have friends and family that went on free dinner dates with the Pharma reps.
Remember when it was the best job in sales in the late '90s and well into the '00s?
quote:
A former sales representative for a major drug manufacturer has admitted to charges she helped fuel the opioid addiction crisis by bribing doctors to prescribe a potent painkiller, authorities said
quote:
State authorities say the company gave kickbacks to doctors in the form of phony "speaker's fees" that really served as payments for "off-label" prescriptions that gave patients the painkillers for purposes not approved by the federal Food and Drug Administration
I know a lot of you have friends and family that went on free dinner dates with the Pharma reps.
Remember when it was the best job in sales in the late '90s and well into the '00s?
16
Posted on 6/1/18 at 8:22 am to jptiger2009
quote:
Unregulated Capitalism at its finest
quote:
bribing doctors to prescribe a potent painkiller,
quote:
for purposes not approved by the federal Food and Drug Administration
do i need to explain what "regulated" means?
This post was edited on 6/1/18 at 8:23 am
Posted on 6/1/18 at 8:22 am to jptiger2009
I said this yesterday and was told it doesn't happen
Posted on 6/1/18 at 8:23 am to jptiger2009
quote:
A former sales representative for a major drug manufacturer has admitted to charges she helped fuel the opioid addiction crisis by bribing doctors to prescribe a potent painkiller, authorities said
Unregulated capitalism.
You need an economics course, son. BigPharma is as crony as you can get.
Posted on 6/1/18 at 8:23 am to SlowFlowPro
quote:
do i need to explain what "regulated" means?
One of the most highly regulated industries at that.
Posted on 6/1/18 at 8:24 am to jptiger2009
Big pharma is unregulated capitalism? Link?
Posted on 6/1/18 at 8:25 am to jptiger2009
Unregulated capitalism?
Just because they found a loophole doesn't mean the industry is "unregulated".
Do you think this wouldn't happen in socialism
?
Just because they found a loophole doesn't mean the industry is "unregulated".
Do you think this wouldn't happen in socialism
?Posted on 6/1/18 at 8:25 am to RogerTheShrubber
my original version didn't even include the FDA reference b/c it wasn't even necessary
the fact that doctors prescribe the meds is an example of a clear regulation, and bribing the doctors to over-prescribe is a clear example of an actor taking advantage of government-imposed market regulations. if there were no regs, why would anyone bribe doctors to do this? there are no barriers promoting that path
the fact that doctors prescribe the meds is an example of a clear regulation, and bribing the doctors to over-prescribe is a clear example of an actor taking advantage of government-imposed market regulations. if there were no regs, why would anyone bribe doctors to do this? there are no barriers promoting that path
Posted on 6/1/18 at 8:27 am to SlowFlowPro
Big pharma is about as regulated as possible. Look how hard it is for experimental drugs to break in.
Posted on 6/1/18 at 8:30 am to jptiger2009
quote:
Unregulated Capitalism
I don't believe you gave any of this much thought before posting.
Posted on 6/1/18 at 8:30 am to SlowFlowPro
quote:
if there were no regs, why would anyone bribe doctors to do this? there are no barriers promoting that path
Yep, the regulations themselves give impetus to mfgrs to exploit their very narrow channels through alternative means to gain competitive edge.
Posted on 6/1/18 at 8:31 am to jptiger2009
As a country we know less about the free market than we do communism
Posted on 6/1/18 at 8:31 am to jptiger2009
You don't even understand simple terms like "regulated" Wish we had a board tally for all the failed "gotcha" attempts.
Posted on 6/1/18 at 8:33 am to jptiger2009
quote:
I know a lot of you have friends and family that went on free dinner dates with the Pharma reps.
Have you reported them to the authorities for accepting bribes "to prescribe a potent painkiller"?
Posted on 6/1/18 at 8:39 am to jptiger2009
quote:
Unregulated Capitalism
swing and a miss.
Posted on 6/1/18 at 8:40 am to celltech1981
The OP will never return to this thread. What a disaster.
Posted on 6/1/18 at 8:47 am to jptiger2009
quote:
Unregulated Capitalism at its finest
Wow, irony is beyond hysterical and so typical of liberal's lack of understanding of economics.
Posted on 6/1/18 at 8:48 am to jptiger2009
quote:
A former sales representative for a major drug manufacturer has admitted to charges she helped fuel the opioid addiction crisis by bribing doctors to prescribe a potent painkiller, authorities said
If its unregulated why is she facing charges?
Dumbass...
This post was edited on 6/1/18 at 8:49 am
Posted on 6/1/18 at 8:54 am to Wtodd
It happened in the past. I have not seen it happen since this shite hit the fan, at least at hospital level.
Drug reps do not even give pens.
Drug reps do not even give pens.
Posted on 6/1/18 at 9:14 am to bamafan1001
quote:
"gotcha" attempt
What was he going for here anyway... that capitalism is evil? Is the OP a communist or something?
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