Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

This is an Admin / Moderator NO GO ZONE. You're on your own.

Moderator: Team

1989TransAm
Guru
Guru
Posts: 9383
Joined: Thu Feb 15, 2007 8:43 pm
Location: Cypress, California

Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by 1989TransAm » Wed Jun 06, 2018 10:43 am

“The policy of trying to deal with this by defending the high prices, that’s not going to cut it anymore,” Kenneth Kaitin, director of the Tufts Center for the Study of Drug Development, said in a recent interview. “All the stars are aligned right now for something to happen and the industry realizes they have to be part of the solution or they are going to end up with something they are not happy with.”

Trump said at a bill signing in May that he expected some pharmaceutical manufacturers to voluntarily lower the price of drugs by a “massive” amount in the coming weeks.

“We look forward to working with industry to build a better drug-pricing system. But if industry isn’t willing to work with us, President Trump and his administration will keep turning up the pressure — until we have a system that finally puts American patients first,” Azar recently told reporters.
"Drug companies should get on board," a Health and Human Services spokeswoman added. "If they don’t, we’ll get there one way or another.”

Developing compromise policy suggestions that will be broadly acceptable across the industry's different sectors is itself an onerous task. Pharmaceutical companies are fragmented between giant manufacturers who own several blockbuster drugs and smaller biotechnology companies that may produce only one or two specialty treatments.

https://www.washingtonexaminer.com/busi ... price-cuts

j-c-c
Guru
Guru
Posts: 4269
Joined: Sat Sep 03, 2016 9:03 pm

Re: Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by j-c-c » Wed Jun 06, 2018 10:45 am

So what are we smoke screening today with this announcement?

Maybe tomorrow free puppies for orphans?

1989TransAm
Guru
Guru
Posts: 9383
Joined: Thu Feb 15, 2007 8:43 pm
Location: Cypress, California

Re: Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by 1989TransAm » Wed Jun 06, 2018 12:06 pm

j-c-c wrote:
Wed Jun 06, 2018 10:45 am
So what are we smoke screening today with this announcement?

Maybe tomorrow free puppies for orphans?
You are one very sick person.

sanfordandson
Guru
Guru
Posts: 6033
Joined: Sat May 20, 2006 6:28 pm

Re: Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by sanfordandson » Wed Jun 06, 2018 12:06 pm

lets hope it happens. Been a long time coming.

j-c-c
Guru
Guru
Posts: 4269
Joined: Sat Sep 03, 2016 9:03 pm

Re: Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by j-c-c » Wed Jun 06, 2018 5:39 pm

1989TransAm wrote:
Wed Jun 06, 2018 12:06 pm
j-c-c wrote:
Wed Jun 06, 2018 10:45 am
So what are we smoke screening today with this announcement?

Maybe tomorrow free puppies for orphans?
You are one very sick person.
Found the reason for today's "smokescreen" maybe, but then the day is not over:

https://www.nhregister.com/news/article ... 972681.php

You guys are consumers right, not billionaires, right?

1989TransAm
Guru
Guru
Posts: 9383
Joined: Thu Feb 15, 2007 8:43 pm
Location: Cypress, California

Re: Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by 1989TransAm » Wed Jun 06, 2018 7:10 pm

Weird, just weird. ^^^^^^^^^^

j-c-c
Guru
Guru
Posts: 4269
Joined: Sat Sep 03, 2016 9:03 pm

Re: Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by j-c-c » Thu Jun 07, 2018 3:01 pm

1989TransAm wrote:
Wed Jun 06, 2018 7:10 pm
Weird, just weird. ^^^^^^^^^^
How profound.

exhaustgases
Guru
Guru
Posts: 4247
Joined: Sun Oct 06, 2013 9:03 pm

Re: Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by exhaustgases » Thu Jun 07, 2018 5:47 pm

Good now he needs to make them all wake up to the fact that every body is different and just like there is not a one size fits all automatic transmission fluid, there is not a one size fits all shot of sh-t that fits everyone.

j-c-c
Guru
Guru
Posts: 4269
Joined: Sat Sep 03, 2016 9:03 pm

Re: Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by j-c-c » Thu Jun 07, 2018 10:00 pm

exhaustgases wrote:
Thu Jun 07, 2018 5:47 pm
Good now he needs to make them all wake up to the fact that every body is different and just like there is not a one size fits all automatic transmission fluid, there is not a one size fits all shot of sh-t that fits everyone.
You don't get it it appears, they don't care, haven't since Salk, now its only about money, stockholders, fine print, side effects,and patents.
Capitalism at its finest.

1989TransAm
Guru
Guru
Posts: 9383
Joined: Thu Feb 15, 2007 8:43 pm
Location: Cypress, California

Re: Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by 1989TransAm » Thu Jun 07, 2018 11:55 pm

j-c-c wrote:
Thu Jun 07, 2018 10:00 pm
exhaustgases wrote:
Thu Jun 07, 2018 5:47 pm
Good now he needs to make them all wake up to the fact that every body is different and just like there is not a one size fits all automatic transmission fluid, there is not a one size fits all shot of sh-t that fits everyone.
You don't get it it appears, they don't care, haven't since Salk, now its only about money, stockholders, fine print, side effects,and patents.
Capitalism at its finest.
Which system of government to you prefer?

RevTheory
Guru
Guru
Posts: 4999
Joined: Thu Sep 04, 2014 6:45 am

Re: Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by RevTheory » Fri Jun 08, 2018 9:08 am

1989TransAm wrote:
Thu Jun 07, 2018 11:55 pm
Which system of government to you prefer?
Anything he can complain about Trump for on a random forum.

j-c-c
Guru
Guru
Posts: 4269
Joined: Sat Sep 03, 2016 9:03 pm

Re: Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by j-c-c » Fri Jun 08, 2018 9:57 am

1989TransAm wrote:
Thu Jun 07, 2018 11:55 pm
j-c-c wrote:
Thu Jun 07, 2018 10:00 pm
exhaustgases wrote:
Thu Jun 07, 2018 5:47 pm
Good now he needs to make them all wake up to the fact that every body is different and just like there is not a one size fits all automatic transmission fluid, there is not a one size fits all shot of sh-t that fits everyone.
You don't get it it appears, they don't care, haven't since Salk, now its only about money, stockholders, fine print, side effects,and patents.
Capitalism at its finest.
Which system of government to you prefer?
Anyone that its citizens exercising free will that it holds accountable impartially would be a start, pick one.

RevTheory
Guru
Guru
Posts: 4999
Joined: Thu Sep 04, 2014 6:45 am

Re: Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by RevTheory » Fri Jun 08, 2018 10:05 am

This one did a pretty good job of doing just that until ohbummer weaponized all of the agencies.

j-c-c
Guru
Guru
Posts: 4269
Joined: Sat Sep 03, 2016 9:03 pm

Re: Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by j-c-c » Fri Jun 08, 2018 10:29 am

RevTheory wrote:
Fri Jun 08, 2018 10:05 am
This one did a pretty good job of doing just that until ohbummer weaponized all of the agencies.
So today's failure to hold gov accountable is because of past failures of it its citizenry?
Nice can do spirit BTW. [-X

RevTheory
Guru
Guru
Posts: 4999
Joined: Thu Sep 04, 2014 6:45 am

Re: Big Pharma faces rare day of reckoning as Trump pushes price cuts.....

Post by RevTheory » Fri Jun 08, 2018 10:33 am

j-c-c wrote:
Fri Jun 08, 2018 10:29 am
RevTheory wrote:
Fri Jun 08, 2018 10:05 am
This one did a pretty good job of doing just that until ohbummer weaponized all of the agencies.
So today's failure to hold gov accountable is because of past failures of it its citizenry?
Nice can do spirit BTW. [-X
I quoted this so you can't go back and edit.

You have some serious comprehension issues. Tell me where I mentioned citizens. Oh hell, you're about to say that since ohbummer is a citizen now that the shit he did in weaponizing the government when he was in office doesn't count, right? As if that's gonna fly with anyone with a few functioning brain cells.

Post Reply