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Today's installment in WTF

jmcquate

Well-Known Member
Contributor
DB = unsustainable. DC=sustainable. Deal with the devil that the Democratic party made with public sector unions decades ago.............and don't forget the healthcare costs.
 

ChuckMK23

Former H-46 Driver
pilot
I doubt if Goldman Sachs wanted publicity like this... From CNBC.

Goldman Sachs asks in biotech research report: 'Is curing patients a sustainable business model?'

https://www.cnbc.com/2018/04/11/goldman-asks-is-curing-patients-a-sustainable-business-model.html
Two classmates that work in Pharma - sales - both make boat loads of cash. This whole industry is regulation gone wrong. I'm a capitalist but this system needs a reset button like no other. It needs fixing on the order of something as drastic as nationalizing phrma patents to NIH and granting licenses back to make a fair profit. Dreamland I know. But healthcare isnt like making any other capital widget. Every citizen has a right to live a full healthful life regardless of income and social stature - with no other qualifiying attribute than being a US citizen.
 

Treetop Flyer

Well-Known Member
pilot
Two classmates that work in Pharma - sales - both make boat loads of cash. This whole industry is regulation gone wrong. I'm a capitalist but this system needs a reset button like no other. It needs fixing on the order of something as drastic as nationalizing phrma patents to NIH and granting licenses back to make a fair profit. Dreamland I know. But healthcare isnt like making any other capital widget. Every citizen has a right to live a full healthful life regardless of income and social stature - with no other qualifiying attribute than being a US citizen.
Why do you qualify that with “being a US citizen”
 

rotorhead1871

UH-1N.....NAS Agana, Guam....circa 1975
pilot
once regenerative medicine (stem cell) gets insurance approval.....big pharma will get rocked. it is the coming thing..currently its recovered cord blood, but you can bet all the pharma research types, biochemists and microbiology folks are looking for a synthetic source..the next 10 years will be amazing.---stay alive and stay informed.
 
once regenerative medicine (stem cell) gets insurance approval.....big pharma will get rocked. it is the coming thing..currently its recovered cord blood, but you can bet all the pharma research types, biochemists and microbiology folks are looking for a synthetic source..the next 10 years will be amazing.---stay alive and stay informed.
Why do you assume big pharma wouldn't have a hand in stem cell tech?
 

Randy Daytona

Cold War Relic
pilot
Super Moderator
Two classmates that work in Pharma - sales - both make boat loads of cash. This whole industry is regulation gone wrong. I'm a capitalist but this system needs a reset button like no other. It needs fixing on the order of something as drastic as nationalizing phrma patents to NIH and granting licenses back to make a fair profit. Dreamland I know. But healthcare isnt like making any other capital widget. Every citizen has a right to live a full healthful life regardless of income and social stature - with no other qualifiying attribute than being a US citizen.
60 Minutes has a story on this tonight. https://www.cbsnews.com/news/the-problem-with-prescription-drug-prices/

The drug works – it's considered the gold standard for infantile spasms. But as he discovered it wasn't always so expensive. In 2001, Acthar sold for about $40 a vial. Today: more than $40,000. An increase of 100-thousand percent.
 
What, like it's a brand-new drug or something? That stuff has been around since the 50s. I bet there are newer, cheaper alternatives now.

The healthcare industry is bankrupting this country. I'd personally like to see an end to direct-to-consumer advertising of prescription drugs. It's hard to see how it does any good for doctors or patients*.



*not a doctor. Rarely a patient. But I did stay in a Hilton Garden Inn last night. ;)
 
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