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2019-01-15 Home Front: Politix
House Democrats open wide-reaching investigation into Big Pharma
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Posted by Besoeker 2019-01-15 01:12|| || Front Page|| [11128 views ]  Top

#1 If implementing price controls is successful for big pharma, expect meat and bread price controls to be next, just like in Cuba and Venezuela.
Posted by Ebbavirt Clunk4147 2019-01-15 03:51||   2019-01-15 03:51|| Front Page Top

#2 Dems are just looking to extort campaign $
Posted by Frank G 2019-01-15 06:57||   2019-01-15 06:57|| Front Page Top

#3 The Clinton's did well with this cash cow.
Posted by Dale 2019-01-15 08:42||   2019-01-15 08:42|| Front Page Top

#4 Big Pharma has a lot to answer for and has done some really shady shit.

However, this investigation is bullshit and nothing more than political cover as any real investigation would drag most of congress into it with big pharma.

The two go hand in hand with their illegal and unethical dealings.
Posted by DarthVader 2019-01-15 09:18||   2019-01-15 09:18|| Front Page Top

#5 However, this investigation is bullshit and nothing more than political cover as any real investigation would drag most of congress into it with big pharma.

"Most of congress" yes, quite similar to Gowdy's Benghazi Kabuki theater.
Posted by Besoeker 2019-01-15 09:25||   2019-01-15 09:25|| Front Page Top

#6 I would suggest taxing patents rather than creating medicine.

But then America is not capitalist.
Posted by Bright Pebbles 2019-01-15 11:24||   2019-01-15 11:24|| Front Page Top

#7 If implementing price controls is successful for big pharma, expect meat and bread price controls to be next, just like in Cuba and Venezuela.

Empty shelves too, not to mention empty pharmacies. Won't that be fun!
Posted by Abu Uluque 2019-01-15 14:12||   2019-01-15 14:12|| Front Page Top

#8 De Blasio pitches plan to begin taking private property. See Brietbart.com.
Posted by Ebbavirt Clunk4147 2019-01-15 14:27||   2019-01-15 14:27|| Front Page Top

#9 Correction Foxnews.com.
Posted by Ebbavirt Clunk4147 2019-01-15 14:32||   2019-01-15 14:32|| Front Page Top

#10 Derek Lowe (In The Pipeline blog) as a research chemist working for Big Pharma had various things to say about this idiocy...
Basically, if you make people lose money they will quit. Look at what has happened to the Vaccination industry as an example: microscopic profit margins and unlimited legal risk equals fewer and fewer suppliers.
Posted by magpie 2019-01-15 19:01||   2019-01-15 19:01|| Front Page Top

#11 Dems are just looking to extort campaign $

Yep.

One thing that might work though is for the Feds to require that Medicaid/Medicare recipients get the lowest price offered worldwide. Don't sell it in Canada cheaper than you do to old folks in the USA.
Posted by Fat Bob Glaise8594 2019-01-15 21:21||   2019-01-15 21:21|| Front Page Top

#12 And no, I am not on Medicaid/Medicare.
Posted by Fat Bob Glaise8594 2019-01-15 21:23||   2019-01-15 21:23|| Front Page Top

#13 #12 Don't sell it in Canada cheaper than you do to old folks in the USA. -FGG8594

Did you hear what India did? What do you do when the government extorts "negotiates" lower drug prices by saying that they were Not going to recognize Pharma's copyrights? The Indian government threatened hypothesized that it would "naturally" support its own companies in flooding the world market with copycat drugs. This may be "fine" in the short run for the consumer, but it means the initial research company has to eat All of the sunk costs and their competitors don't.
Posted by magpie 2019-01-15 23:26||   2019-01-15 23:26|| Front Page Top

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