What drugs really cost you...

Page 4 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

NikPreviousAcct

No Lifer
Aug 15, 2000
52,763
1
0
Originally posted by: Eli
Originally posted by: FFMCobalt
Originally posted by: Electric Amish
Originally posted by: FFMCobalt
400 mil to get the FDA to approve the drug?? What, so drug companies buy approval? Is that how the FDA works!?

No, dumbass. The cost of the paperwork and process hoops the FDA requires a manufacturer to jump through to get approval.

Dog studies
Clinical trials
Efficacy trials
Phamacokinetics trials
Safety trials
Doctor and patient testimonials
etc, etc....

Dog studies? It's actually required to test on dogs??
lol..

Maybe if the drug effects a certain system that is similar to humans' in dogs or something. We use all sorts of animals in the name of research. It shouldn't really be a surprise anymore, heh.

We're top of the food chain. We'll eat them, dissect them, keep them as pets, and use them for research. Shrug.

:p

Dump your naked hungry self into a forest with a naked hungry black bear and lets see who's top of the food chain now, bitch! :p
 

samgau

Platinum Member
Oct 11, 1999
2,403
0
0
Originally posted by: Mwilding
Originally posted by: Brutuskend
Well as one who has NO HEALTH INSURANCE, and NO HELP in BUYING drugs, it fries my ass that people in other countries in basically the same situation CAN and DO get drugs that I can't afford.

So it's OK for the drug companies to gouge Americans since most have insurance that can pay?
And as for those who can't, fvck'em? Also, just because the insurance companies pay, doesn't mean the costs aren't deferred by higher insurance costs!:roll:
I understand your anger, but keep in mind you live in America. This is a country that gives you opportunties that don't exist anywhere else. Is there a catch? Of course, things are more expensive here...

There is a difference between the land of opportunity and getting screwed at every turn by corporate america....
 

NikPreviousAcct

No Lifer
Aug 15, 2000
52,763
1
0
Originally posted by: Brutuskend
Originally posted by: Viper GTS
Originally posted by: Brutuskend
Well as one who has NO HEALTH INSURANCE, and NO HELP in BUYING drugs, it fries my ass that people in other countries in basically the same situation CAN and DO get drugs that I can't afford.

So it's OK for the drug companies to gouge Americans since most have insurance that can pay?
And as for those who can't, fvck'em? Also, just because the insurance companies pay, doesn't mean the costs aren't deferred by higher insurance costs!:roll:

Let's put this in terms you're familiar with.

Let's say I want to buy something for my bike. I want a carbon fiber bike frame.

How much will that cost me? I can buy a bag of charcoal for $5, two bags should cover it right?

I'll be generous & hand you a $20 & tell you to keep the change.

When can we meet to arrange this deal?

Oh, part of that $20 I want you to build the bike for me too. I'll throw in another $20 for the rest of the parts.

Viper GTS

Yeah, but that same carbon fiber frame isn't gonna cost you .50 in Mexico....:p

haha :D
 

Amused

Elite Member
Apr 14, 2001
57,347
19,508
146
Originally posted by: samgau
Originally posted by: Mwilding
Originally posted by: Brutuskend
Well as one who has NO HEALTH INSURANCE, and NO HELP in BUYING drugs, it fries my ass that people in other countries in basically the same situation CAN and DO get drugs that I can't afford.

So it's OK for the drug companies to gouge Americans since most have insurance that can pay?
And as for those who can't, fvck'em? Also, just because the insurance companies pay, doesn't mean the costs aren't deferred by higher insurance costs!:roll:
I understand your anger, but keep in mind you live in America. This is a country that gives you opportunties that don't exist anywhere else. Is there a catch? Of course, things are more expensive here...

There is a difference between the land of opportunity and getting screwed at every turn by corporate america....

:roll:

No one is screwing you but yourself. "Corporate America" owes you nothing, and you owe it nothing. You are not entitled to it's goods, and it is not entitled to your money. As soon as you realize this, you'll stop acting like a victim.
 

GasX

Lifer
Feb 8, 2001
29,033
6
81
Originally posted by: samgau
Originally posted by: Mwilding
Originally posted by: Brutuskend
Well as one who has NO HEALTH INSURANCE, and NO HELP in BUYING drugs, it fries my ass that people in other countries in basically the same situation CAN and DO get drugs that I can't afford.

So it's OK for the drug companies to gouge Americans since most have insurance that can pay?
And as for those who can't, fvck'em? Also, just because the insurance companies pay, doesn't mean the costs aren't deferred by higher insurance costs!:roll:
I understand your anger, but keep in mind you live in America. This is a country that gives you opportunties that don't exist anywhere else. Is there a catch? Of course, things are more expensive here...

There is a difference between the land of opportunity and getting screwed at every turn by corporate america....
define screwed...

let me guess, you think that profit is evil and that we should all be good little socialists and stick to the 5 year plan...
 

Eli

Super Moderator | Elite Member
Oct 9, 1999
50,419
8
81
Originally posted by: SampSon
Who cares about thoes drugs.

What about the mark up on GOOD drugs?
That markup is a direct result of our government making them illegal.

But that's a whole 'nother thread. :p
 

NikPreviousAcct

No Lifer
Aug 15, 2000
52,763
1
0
Originally posted by: Mwilding
Originally posted by: samgau
Originally posted by: Mwilding
Originally posted by: Brutuskend
Well as one who has NO HEALTH INSURANCE, and NO HELP in BUYING drugs, it fries my ass that people in other countries in basically the same situation CAN and DO get drugs that I can't afford.

So it's OK for the drug companies to gouge Americans since most have insurance that can pay?
And as for those who can't, fvck'em? Also, just because the insurance companies pay, doesn't mean the costs aren't deferred by higher insurance costs!:roll:
I understand your anger, but keep in mind you live in America. This is a country that gives you opportunties that don't exist anywhere else. Is there a catch? Of course, things are more expensive here...

There is a difference between the land of opportunity and getting screwed at every turn by corporate america....
define screwed...

let me guess, you think that profit is evil and that we should all be good little socialists and stick to the 5 year plan...

Oh snap! That's a great idea. I'm writing my governor now.
 

Originally posted by: Eli
Originally posted by: SampSon
Who cares about thoes drugs.

What about the mark up on GOOD drugs?
That markup is a direct result of our government making them illegal.

But that's a whole 'nother thread. :p
No way, it's corporate america working with the CIA to screw us!

I NEED THAT WEED!
 

z0mb13

Lifer
May 19, 2002
18,106
1
76
oh and one more thing: the patent for a drug only goes for a certain period (7 years????) after that, any drug manufacturer can copy and produce the drug themselves (generic drugs)

so the drug company needs to also take this into account...
 

Amused

Elite Member
Apr 14, 2001
57,347
19,508
146
Originally posted by: z0mb13
oh and one more thing: the patent for a drug only goes for a certain period (7 years????) after that, any drug manufacturer can copy and produce the drug themselves (generic drugs)

so the drug company needs to also take this into account...

Yep, it has 7 years to recoup the R&D costs and turn a profit.
 

Ausm

Lifer
Oct 9, 1999
25,213
14
81
Originally posted by: Amused
Originally posted by: samgau
Originally posted by: Mwilding
Originally posted by: Brutuskend
Well as one who has NO HEALTH INSURANCE, and NO HELP in BUYING drugs, it fries my ass that people in other countries in basically the same situation CAN and DO get drugs that I can't afford.

So it's OK for the drug companies to gouge Americans since most have insurance that can pay?
And as for those who can't, fvck'em? Also, just because the insurance companies pay, doesn't mean the costs aren't deferred by higher insurance costs!:roll:
I understand your anger, but keep in mind you live in America. This is a country that gives you opportunties that don't exist anywhere else. Is there a catch? Of course, things are more expensive here...

There is a difference between the land of opportunity and getting screwed at every turn by corporate america....

:roll:

No one is screwing you but yourself. "Corporate America" owes you nothing, and you owe it nothing. You are not entitled to it's goods, and it is not entitled to your money. As soon as you realize this, you'll stop acting like a victim.



Then why doesn't the damn government allow you to purchase drugs through Canada so we don't have to get raped with outrageous costs? If the government is not entitled to my money?!??!

Sysadmin
 

Mookow

Lifer
Apr 24, 2001
10,162
0
0
Originally posted by: SampSon
Originally posted by: Eli
Originally posted by: SampSon
Who cares about thoes drugs.

What about the mark up on GOOD drugs?
That markup is a direct result of our government making them illegal.

But that's a whole 'nother thread. :p
No way, it's corporate america working with the CIA to screw us!

I NEED THAT WEED!

I thought weed wasnt addictive?

:p
 

GasX

Lifer
Feb 8, 2001
29,033
6
81
Originally posted by: Sysadmin
Then why doesn't the damn government allow you to purchase drugs through Canada so we don't have to get raped with outrageous costs? If the government is not entitled to my money?!??!

Sysadmin
Because then the Canadians will get screwed when the drug companies raise their price.
 

NikPreviousAcct

No Lifer
Aug 15, 2000
52,763
1
0
Originally posted by: Mookow
Originally posted by: SampSon
Originally posted by: Eli
Originally posted by: SampSon
Who cares about thoes drugs.

What about the mark up on GOOD drugs?
That markup is a direct result of our government making them illegal.

But that's a whole 'nother thread. :p
No way, it's corporate america working with the CIA to screw us!

I NEED THAT WEED!

I thought weed wasnt addictive?

:p

mentally, not physically.
 

NikPreviousAcct

No Lifer
Aug 15, 2000
52,763
1
0
Originally posted by: Mwilding
Originally posted by: Sysadmin
Then why doesn't the damn government allow you to purchase drugs through Canada so we don't have to get raped with outrageous costs? If the government is not entitled to my money?!??!

Sysadmin
Because then the Canadians will get screwed when the drug companies raise their price.

Oh, right. Screw the U.S. Leave Canada alone. How ass backwards is THAT!?
 

Amused

Elite Member
Apr 14, 2001
57,347
19,508
146
Originally posted by: Sysadmin
Originally posted by: Amused
Originally posted by: samgau
Originally posted by: Mwilding
Originally posted by: Brutuskend
Well as one who has NO HEALTH INSURANCE, and NO HELP in BUYING drugs, it fries my ass that people in other countries in basically the same situation CAN and DO get drugs that I can't afford.

So it's OK for the drug companies to gouge Americans since most have insurance that can pay?
And as for those who can't, fvck'em? Also, just because the insurance companies pay, doesn't mean the costs aren't deferred by higher insurance costs!:roll:
I understand your anger, but keep in mind you live in America. This is a country that gives you opportunties that don't exist anywhere else. Is there a catch? Of course, things are more expensive here...

There is a difference between the land of opportunity and getting screwed at every turn by corporate america....

:roll:

No one is screwing you but yourself. "Corporate America" owes you nothing, and you owe it nothing. You are not entitled to it's goods, and it is not entitled to your money. As soon as you realize this, you'll stop acting like a victim.



Then why doesn't the damn government allow you to purchase drugs through Canada so we don't have to get raped with outrageous costs? If the government is not entitled to my money?!??!

Sysadmin

Because the nanny-state can't ensure the quality of those drugs. But that's another issue. The main issue here is you are not entitled to the work product of another... even if it means your death. Your life and lack of an ability to pay for preserving it should not make others slaves.
 

Viper GTS

Lifer
Oct 13, 1999
38,107
433
136
Originally posted by: Amused
The main issue here is you are not entitled to the work product of another... even if it means your death. Your life and lack of an ability to pay for preserving it should not make others slaves.

And there we have the most important thing posted thus far.

Nice & blunt, just the way I like it.

Viper GTS
 

UpGrD

Golden Member
Oct 9, 1999
1,412
0
0
It can cost BILLIONS (thats with a B) to develop, get aproved and market new drugs. And with only a few years to recoupe that cost before your pattent runs out. Lets not forget that most other nations (Including Canada) arround the world force drug Co's to sell at cost or just over. It is we in the US that subsidise the rest of the world. They are for profit Co's, without returns on there investment, there will be no new drugs.
Many people want to turn to Canada to get drug cost down. The sad fact is that it is nations like Canada that force to price up here in the US. Damn you Canada!!!!! :)
 

Ausm

Lifer
Oct 9, 1999
25,213
14
81
Originally posted by: Amused
Originally posted by: Sysadmin
Originally posted by: Amused
Originally posted by: samgau
Originally posted by: Mwilding
Originally posted by: Brutuskend
Well as one who has NO HEALTH INSURANCE, and NO HELP in BUYING drugs, it fries my ass that people in other countries in basically the same situation CAN and DO get drugs that I can't afford.

So it's OK for the drug companies to gouge Americans since most have insurance that can pay?
And as for those who can't, fvck'em? Also, just because the insurance companies pay, doesn't mean the costs aren't deferred by higher insurance costs!:roll:
I understand your anger, but keep in mind you live in America. This is a country that gives you opportunties that don't exist anywhere else. Is there a catch? Of course, things are more expensive here...

There is a difference between the land of opportunity and getting screwed at every turn by corporate america....

:roll:

No one is screwing you but yourself. "Corporate America" owes you nothing, and you owe it nothing. You are not entitled to it's goods, and it is not entitled to your money. As soon as you realize this, you'll stop acting like a victim.



Then why doesn't the damn government allow you to purchase drugs through Canada so we don't have to get raped with outrageous costs? If the government is not entitled to my money?!??!

Sysadmin

Because the nanny-state can't ensure the quality of those drugs. But that's another issue. The main issue here is you are not entitled to the work product of another... even if it means your death. Your life and lack of an ability to pay for preserving it should not make others slaves.



Quality of those drugs? Those drugs come from the U.S. not Zimbabawe. The Canadian government refuses to get boned with outrageous prices thus forcing the drug companies to sell them the EXACT same product at MUCH lower Rates.

I think our government should put forth legislation that will control what drug companies and for that matter Health care facilities can charge. Hey if Microsoft can get its pee pee slapped for being a huge Monopoly then WTF is wrong with the governement looking out for the People (Oxymoron) and not big business who have EXTREMELY deep pockets and could very well afford to drop prices.

By the time I am ready to retire ,health care\Drugs will be so outrageous that only the rich will be able to afford it.

Sysadmin
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
50,879
4,268
126
Originally posted by: Amused
Originally posted by: Sysadmin
Originally posted by: Amused
Originally posted by: samgau
Originally posted by: Mwilding
Originally posted by: Brutuskend
Well as one who has NO HEALTH INSURANCE, and NO HELP in BUYING drugs, it fries my ass that people in other countries in basically the same situation CAN and DO get drugs that I can't afford.

So it's OK for the drug companies to gouge Americans since most have insurance that can pay?
And as for those who can't, fvck'em? Also, just because the insurance companies pay, doesn't mean the costs aren't deferred by higher insurance costs!:roll:
I understand your anger, but keep in mind you live in America. This is a country that gives you opportunties that don't exist anywhere else. Is there a catch? Of course, things are more expensive here...

There is a difference between the land of opportunity and getting screwed at every turn by corporate america....

:roll:

No one is screwing you but yourself. "Corporate America" owes you nothing, and you owe it nothing. You are not entitled to it's goods, and it is not entitled to your money. As soon as you realize this, you'll stop acting like a victim.



Then why doesn't the damn government allow you to purchase drugs through Canada so we don't have to get raped with outrageous costs? If the government is not entitled to my money?!??!

Sysadmin

Because the nanny-state can't ensure the quality of those drugs. But that's another issue. The main issue here is you are not entitled to the work product of another... even if it means your death. Your life and lack of an ability to pay for preserving it should not make others slaves.

When people argue for freedom, ask yourself, are they asking for freedom for the wolves or the sheep. Lincoln would have found this all very interesting.
 

iliopsoas

Golden Member
Jul 14, 2001
1,844
2
0
on average, it costs in the neighborhood of $500M to go from the process of drug discovery to final product. Most biotech companies don't succeed.

So the price of prescription drugs reflect these high initial capital expenditures.
 

GasX

Lifer
Feb 8, 2001
29,033
6
81
Originally posted by: iliopsoas
on average, it costs in the neighborhood of $500M to go from the process of drug discovery to final product. Most biotech companies don't succeed.

So the price of prescription drugs reflect these high initial capital expenditures.
Thanks - we hadn't established that in the first 96 posts...
 

samgau

Platinum Member
Oct 11, 1999
2,403
0
0
Originally posted by: Viper GTS
Originally posted by: Brutuskend
Well as one who has NO HEALTH INSURANCE, and NO HELP in BUYING drugs, it fries my ass that people in other countries in basically the same situation CAN and DO get drugs that I can't afford.

So it's OK for the drug companies to gouge Americans since most have insurance that can pay?
And as for those who can't, fvck'em? Also, just because the insurance companies pay, doesn't mean the costs aren't deferred by higher insurance costs!:roll:

Let's put this in terms you're familiar with.

Let's say I want to buy something for my bike. I want a carbon fiber bike frame.

How much will that cost me? I can buy a bag of charcoal for $5, two bags should cover it right?

I'll be generous & hand you a $20 & tell you to keep the change.

When can we meet to arrange this deal?

Oh, part of that $20 I want you to build the bike for me too. I'll throw in another $20 for the rest of the parts.

Viper GTS

How about this interpretation:

It cost $5 to manufacture and distribute the Drug
The pharmacy charges $40 for the Drug, since the insurance can pay that much
It costs $15 at Cosco but you only have $10 in your pocket,
so you hike your @$$ to Canada and buy it there for $7 cause there is some sort of fair pricing
then you come back in the US and the Gov sticks you in jail cause you're traficking
So whats better, you dead or you in jail cause you had the nerve to go elsewhere to get it huh?

Thats what it is going to come to if the pham industry has its way with the gov. and with Bush there it probably will...