Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
Just Say NO
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="sortaisle" data-source="post: 1149038" data-attributes="member: 17605"><p>BTW on the name brand Rx's...look up the costs involved for prescriptions to even make it to government level testing. By the time they go through mandatory testing and the time period involved (10 years I believe) They charge a whole bunch while they have their patent...(either 3 or 5 years...can't remember.) I don't know about you, but I would love to make my money back. Estimates range from 800 million to 1.32 billion. I read an argument that stated big pharma actually only pays around 55 million to get it to market. But in order for them to get it down to that number they used tax breaks and took out marketing money because "marketing is the cost of doing business. If you don't want to spend on marketing you don't want to be a drug company." That is the weakest argument I've ever heard. Since we're not socialized as far as medicine goes, they're in it for the profit. Anyway, there's a very reasoned out....reason that name brands cost so much. If you spent the money required for it to get to market and you're in business to make money, not be a charity, then you'll charge as much as the market can bear as well. Profits keep the stock moving, and it allows for more R&D. Of course there's greed involved but I don't see people fighting for legislation or lynching the greedy bastards in corporate America, so until that happens...it's the cost of doing business.</p></blockquote><p></p>
[QUOTE="sortaisle, post: 1149038, member: 17605"] BTW on the name brand Rx's...look up the costs involved for prescriptions to even make it to government level testing. By the time they go through mandatory testing and the time period involved (10 years I believe) They charge a whole bunch while they have their patent...(either 3 or 5 years...can't remember.) I don't know about you, but I would love to make my money back. Estimates range from 800 million to 1.32 billion. I read an argument that stated big pharma actually only pays around 55 million to get it to market. But in order for them to get it down to that number they used tax breaks and took out marketing money because "marketing is the cost of doing business. If you don't want to spend on marketing you don't want to be a drug company." That is the weakest argument I've ever heard. Since we're not socialized as far as medicine goes, they're in it for the profit. Anyway, there's a very reasoned out....reason that name brands cost so much. If you spent the money required for it to get to market and you're in business to make money, not be a charity, then you'll charge as much as the market can bear as well. Profits keep the stock moving, and it allows for more R&D. Of course there's greed involved but I don't see people fighting for legislation or lynching the greedy bastards in corporate America, so until that happens...it's the cost of doing business. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
Just Say NO
Top