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🙄 I'd be so much more willing to buy the "drugs-are-expensive-because-it-costs-so-much-to-develop-and-bring-them-to-market" arguement if they actually were making something NEW.
🙄 I'd be so much more willing to buy the "drugs-are-expensive-because-it-costs-so-much-to-develop-and-bring-them-to-market" arguement if they actually were making something NEW.
Right, but think about the investment loss from a non-approved drug. Since we're talking Wyeth, I'll use the example of the recently deceased Bifeprunox. They're talking an estimated 11 billion projected profit loss, and over one billion dollars lost in R&D from that failed collaboration with Solvay.
So yeah, new drugs are expensive.
Certainly not a perfect system, but I'll take the private sector over gov't produced products any day of the week.
So I can claim MY services are expensive because of the "estimated profit loss" I took when I chose to not go into neurosurgery!
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So I can claim MY services are expensive because of the "estimated profit loss" I took when I chose to not go into neurosurgery!
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Aye man...
I am developing a theory that in order for us to not be screwed as human beings, we all need to get stocks in all the major companies we buy/have products from. Essentially, short circuiting the money diversion.
Believe me, that's not a safe bet either...
http://moneycentral.msn.com/investo...eRangeForm=1&CP=0&PT=6&CE=0&ComparisonsForm=1
I was thinking the same thing. If you look the major pharmaceutical stocks, they are at the same price they were 5 or 10 years ago in some cases.
Drug pricing and R&D allocation is a complex issue obviously. Pharma companies clearly try to inch out every $ they can from an existing franchise. But the successful franchises are needed to fund future developments, especially when factoring in the high failure rate of compounds from preclinical to Phase III.
I think it's our job as physicians to maintain objectivity and prescribe or not prescribe a drug based on the available data. If you don't think Effexor the sequel (or Effexor III if you count the Effexor IR to XR extension strategy) is a better drug than its predecessors, then don't prescribe it.
That said, I am highly skeptical this particular drug will be a significant advance in depression. But I am willing to give it a fighting chance until I see the data.
You might want to consider trying it if your signature is accurate. Especially that middle part.
Good luck.![]()
'd be so much more willing to buy the "drugs-are-expensive-because-it-costs-so-much-to-develop-and-bring-them-to-market" arguement if they actually were making something NEW.
...
In any case I am still shocked by the number of doctors who do not assist in finding cost effective solutions for their patients. I rarely see anyone other than myself & the residents I am training prescribe the $4 generics available such as Citalopram which is a perfectly good SSRI and has just as much efficacy as any other SSRI. Just the other day a lab tech I work with on Fluoxetine told me she could barely afford it and I told her it was available for $4 and had been for some time. She reacted in anger "why didn't my doctor tell me this?" She's a single mother of 2, and forced to work the night shift to make ends meet.
I've had NUMEROUS similar experiences.