Bayer CEO: "We did not make this medicine for Indians…we made it for Westerners who can afford it"

[Type Username Here]

@Type Username Here Do you think every drug should be available for free? Do you want harsher controlls on private pharma profit motives?

What is your goal here?

If It was up to me? They can remain private but must be non-profit, open for auditing so they can't cook the books or inflate costs, any creation that has the potential to save human lives should be automatically nationalized and the costs subsidized by the state. Not every drug should be free. If you take a drug to grow hair to cure male pattern baldness or any other non-life saving cosmetic drug, they should be able to charge what they wish. Only drugs determined to play a significant role in prolonging human life and/or avoiding preventable deaths

 

[Mook]

 

[OsO]

@ all the bayer apologists, so a human life is valued at less than 70k now?

savages...

 

[Type Username Here]

@ all the bayer apologists, so a human life is valued at less than 70k now?

savages...

PROFITS!

 

[Type Username Here]

Once again...not true.

Very few of the serious innovations came out of ACTUAL government agencies. A lot of them are from private pharma and those that aren't were partially government funded but through independent academic institutions.

Those are all government agencies I linked princess. Check their track record. Also, being partially (most of the time FULLY) government funded matters. These Academic institutions also happen to be government institutions in most cases. It's like saying the New Deal wasn't a government program because they hired private construction crews to do work.

 

[Rice N Beans]

They didn't sell their formulas. Indians bought the real product and reverse engineered it. They basically stole the drug from Bayer.

Good fukk Bayer. Medicine shouldn't be a profit oriented field anyways.

 

[Poppa_Dock]

Good fukk Bayer. Medicine shouldn't be a profit oriented field anyways.

It should be for profit shyt isn't free to develop medicine. Why do people pretend like everybody on the planet would deserve to have this stuff anyway for free? Would indians give americans a bunch of medicine for free? They aren't even in a position to help the world on a massive scale like that. The next world issue IMO is everybody feeling entitled to what everybody else has. People who didn't do shyt for anybody for like 10 000 years now criticizing what other bigger nations do.

 

[Mook]

It should be for profit shyt isn't free to develop medicine. Why do people pretend like everybody on the planet would deserve to have this stuff anyway for free? Would indians give americans a bunch of medicine for free? They aren't even in a position to help the world on a massive scale like that. The next world issue IMO is everybody feeling entitled to what everybody else has. People who didn't do shyt for anybody for like 10 000 years now criticizing what other bigger nations do.

SHUT UP fakkit CAC U LIVED OFF UNEMPLOYMENT FOR 2 YEARS AND U GOT SOCIALIZED MEDICINE IN CANADA fakkit.

 

[Black smoke and cac jokes]

Thats fair. India can do whatever they want as a sovereign nation and you do drive home a good point of manufacturing it overseas but not selling it there. All valid. As for the financial part of it, what would you say if it wasn't a multi-national $62 billion company? Like say it was a start-up and their life or death is based on their only one product?

brehbreh, you can't change the sentiment of the argument to humanitarian issues. You were arguing for the financial set-up and I pointed out the fallacy that many executives love to cling to. A start-up, as you've mentioned, can't afford a $2bn investment and would never be put in this predicament. You can't argue for large corporations right to exclusivity and then throw a start-up example at me, there's no comparison. There's already a low threat to entry in the pharmaceutical market so the Bayer CEO does not have to worry about increased competition in the market.

This is what is wrong with highly-regulated and highly-subsidies oligopolies, they crave for more profit although the reason for them getting such benefits are because the government regards them as vital industries in society. What do they do in return? Hike up prices to ridiculous level and gather as much as they can while letting the people take care of the expenditures.

 

[Type Username Here]

SHUT UP fakkit CAC U LIVED OFF UNEMPLOYMENT FOR 2 YEARS AND U GOT SOCIALIZED MEDICINE IN CANADA fakkit.

 

[☑︎#VoteDemocrat]

@ all the bayer apologists, so a human life is valued at less than 70k now?

savages...

Why do you think the drug is even 70K?

Seriously ask yourself that question.

It MUST be one of the following:

1. a rare condition it addresses
2. Its new
3. Its old but still expensive as fukk to make because of either a lack of competition or sheer resources needed

 

[☑︎#VoteDemocrat]

If It was up to me? They can remain private but must be non-profit,

Yeah... Thats not "private business" then

open for auditing so they can't cook the books or inflate costs,

theres already a mechanism in place to help that with the expiration of drug patents and the sheer amount of resources it takes to get drugs cleared.

This isn't like printing fukking t-shirts or coming up with a kickstarter for your indie film

any creation that has the potential to save human lives should be automatically nationalized and the costs subsidized by the state.

Define "saving lifes"...cause you can argue all drugs "improve" or "alter" function desirably.

Not every drug should be free.

this makes no sense in your non-profit mechanism

If you take a drug to grow hair to cure male pattern baldness or any other non-life saving cosmetic drug, they should be able to charge what they wish.

so who gets to decide whats cosmetic or not?

only drugs determined to play a significant role in prolonging human life and/or avoiding preventable deaths

That "classification" is specious and you know it.

 

[l3lackstarr]

It's about the all mighty dollar... sounds like business as usual to me

 

[Type Username Here]

Yeah... Thats not "private business" then

theres already a mechanism in place to help that with the expiration of drug patents and the sheer amount of resources it takes to get drugs cleared.

This isn't like printing fukking t-shirts or coming up with a kickstarter for your indie film

Define "saving lifes"...cause you can argue all drugs "improve" or "alter" function desirably. this makes no sense in your non-profit mechanism

so who gets to decide whats cosmetic or not?

That "classification" is specious and you know it.

1-You have never heard of a private non-profit? Wow. Shows your lack of understanding.

2- The state gets to decide on the importance and classification . It does that in many different fields already in many different countries, including the US.

 

[☑︎#VoteDemocrat]

1-You have never heard of a private non-profit? Wow. Shows your lack of understanding.

2- The state gets to decide on the importance and classification . It does that in many different fields already in many different countries, including the US.

1. This isn't a fukking fundraiser. Its drug development. You don't sequester talent (which seems to be an underrated part your little plan) with non-profits.

2. So under the guise of naivety, you'll equate drug development and pharmaceuticals with... say... agriculture?