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This type of shit is why I lean towards socialism. For-profit medicine is an abomination; everyone deserves free medical care.
I recall an older thread for something similar ( http://gbatemp.net/threads/drug-price-jumps-from-20-to-1500.282738/ ).
How did they manage to buy a 62 year old drug though? I am going to have to read further.
How did they manage to buy a 62 year old drug though? I am going to have to read further.
There's no way this is covered under patent laws, other manufacturers will certainly step in and put him out of business....
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Its all good, his pharmaceutical empire will soon crumble around him and he will be living on the streets in no time. Serves him right
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Hopefully. If this ended up staying, he's not realizing that he pretty much just bankrupted and possibly even killed thousands upon thousands of people because of something they can't control.Its all good, his pharmaceutical empire will soon crumble around him and he will be living on the streets in no time. Serves him right
So I did some more reading. Apparently this was marketing rights (so I am guessing some variation on the theme of trademark) and a lack of other manufacturers making it for a drug otherwise known as Pyrimethamine (a relatively simple chemical -- 5-(4-chlorophenyl)-6-ethyl- 2,4-pyrimidinediamine -- http://www.chemicalbook.com/ChemicalProductProperty_EN_CB8461315.htm ). Manufacture seems to be relatively simple and doable with fairly common chemicals but I do not know how easy it would be to pull off in compounding pharmacies (organic chemistry, much less for medicinal purposes, is not really my thing).
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This kind of shit happens to be bullshit. It's not an AIDS drug, and there are SIX generics, so not a single person would be affected by this.
Considering you just believed this without any real research, I'm not surprised socialism appeals to you.
Last edited by JoostinOnline,
"Socialism" and "free medical care" wouldn't prevent this guy doing what he did. The health care system would still have to purchase the drugs from the manufacturer, and the manufacturer would still be free to set the prices however he liked.
I should short sell his company's stock!Its all good, his pharmaceutical empire will soon crumble around him and he will be living on the streets in no time. Serves him right
It literally said he was going to lower it due to criticism in the OPs linked article.
Making this entire thread and that article pointless.
It's likely a force he could not avoid forced him to back down. Guys like that don't back down just cuz some people got angry with him. You go into that commitment knowing you're being a scumbag and can live with that just fine.
Making this entire thread and that article pointless.
It's likely a force he could not avoid forced him to back down. Guys like that don't back down just cuz some people got angry with him. You go into that commitment knowing you're being a scumbag and can live with that just fine.
Yes, I apologize for that. I only watched the short video of the OP's linked article (which left out this point) and forgot about reading the text. Sorry for my ignorance; I took down the link I provided.
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I hope that douche goes out of business and gets comeuppance for doing this.
This post is incredibly Canadian.
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That is the most insulting thing anyone has ever said...ever. Too harsh man. What's next, you going to find him and kick him in the balls too?
Last edited by JoostinOnline,
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