NINETY PERCENT OF NEW DRUGS IN LAST 3O YEARS NI BETTER THAN EXISTING

HARVARD JOURN OF LAW, MED AND ETHICS 2013

 

http://www.ethics.harvard.edu/lab/blog/312-risky-drugs

 

Regulations conveniently prohibit the FDA from comparing the effectiveness of new drugs or from assessing their cost-effectiveness. Only the United States allows companies to charge what they like and raise prices annually on last year’s drugs, without regard to their added value.7

 

Your insane

 

Who's insane? Harvard? The highly respected PhD who wrote this article, the one who wrote the peer reviewed article or the dozens who wrote the studies cited in that article?

All insurance companies know this that is why they require you to use mostly generics. Your own employer Novaetis uses insurance companies that require this. This is why Obamacare was pushed by big pharma, they know that your current gig is up and needed a way to make the transition while maintaining as much of their current rev$.

You reps are the sacrfifice. You are taking one for the team.

 

They are motivated by money, not results. Generics cost less. Obamacare is motivated by money, not results. That's why they have just arbitrarily cut medicare payments to doctors. This approach will destroy innovation.

 

Donald Light is not a highly respected PhD. He has made a career masquerading as a whistle blower base on deliberately misrepresented data and analysis. He represents the worse of academia.

 

Are you suggesting that government should control costs and set prices? Do you have any understanding of the Free Market at all? If it were as easy as "companies to charge what they like", please explain why drug costs aren't more than they are now. Why don't they just charge a million dollars per pill? And, if there is truly no added value, patients are free to choose a less costly option. As a matter of fact, they are almost always forced to take the less expensive option. It is almost impossible to get a branded med anymore.... So really, wtf are you talking about?

 

This is a Novartis site.... What does this have to do with Novartis specifically?