Iamwhomiam » Fri Sep 25, 2015 2:50 pm wrote:Jails cost much more money than bullets.
It's a matter of economy. Which is everything to free-market capitalists.
Imagine alone the costs involved in maintaining a garage filled with many extraordinary automobiles, and now add the costs of maintaining a dozen or so "homes" scattered around the world. Huge!
And somebodies help pay for it all, really matters little whose bodies, only that they pay to maintain such an individual's excessively opulent lifestyle. Preferably, those who pay should already have birthed their replacements.
In my opinion you just hit the nail directly in the sweet spot and upon it's head, and drove it succinctly into the wood that is at the heart of the "problem."
I suspect it is similar in nature to the same nail that the wombat just pounded into the turf by posting the article above.
If a person frequently lives on a 100 million dollar yacht and the upper deck only has two hot tubs instead of four it becomes "problematic" because there is a possibility that all the guests of the yacht will not have enough room to get wet, at the same time.
Moreover, there’s risk associated with starting a drug price war. Let’s say I decide to launch Sarah’s Generic Drug Company, and I’m pretty sure I can break even by slightly undercutting Turing and charging $700. What happens if Turing responds by dropping its price down to $500, or even back to $13.50? It will keep all its patients — and my nascent drug company is likely going bankrupt.
False dichotomy. Why launch? Oh yeah, those other two hot tubs.
So think about a generic drug manufacturer looking at the Daraprim situation. There are fixed costs associated with building a new plant (or possible lost revenue on other drugs, if they switch production at an existing plant), getting samples of the drug, and figuring out how to make the generic product…with Daraprim, there simply isn’t a big enough patient population for a competitor to sell a “good amount” to. And this is, more generally, a problem with the markets for drugs that only a small number of patients use. They often aren’t big enough to support two competitors.
This guy is saying that the Wheel has to be completely reinvented. The Wheel has been in place for decades. The barrels of powdered ingredient are sitting in the storage room right behind the pill presses. He seems to indicate that all this will have to be re thought up, sent to the engineers for blueprints, manufactured, marketed, packaged, distributed, and everything else.
The author of the article is absolutely correct about one thing. If now in place efficient process of manufacturing this inexpensive beneficial medication can be somehow interrupted there could be a ton of money to be made by doing so.
edited: to compensate for a seemingly increasing lack of ability to type the proper syntax due to aging. Sometimes I skip whole words. Not sure why...
