Catalyst Pharmaceuticals raised the price of a life-saving drug from $0 to $375,000

[Jhoon]

About Catalyst: Our Board of Directors

a bunch of soulless cacs on the board.

Soulless cac is redundant.

 

[Hawaiian Punch]

Strongest lobbyists in America are with pharmaceutical companies. Reason why whole country addicted to shyt they produced. On par with Iran Contra and crack in the inner city. Only we went to jail and they didn’t.

 

[☑︎#VoteDemocrat]

I don’t doubt the story but Bernie and his team ain’t slick. He’s trying to find issues instead of doing his job of creating laws.

 

[GnauzBookOfRhymes]

I don’t doubt the story but Bernie and his team ain’t slick. He’s trying to find issues instead of doing his job of creating laws.

came in here to suck some pharma dyck i see

 

[dora_da_destroyer]

funny how the government can tell me how much i can raise rent, yet have no regulations on how much the prices for drugs can be raised

 

[chico25]

Yes. Then why didn't the government buy it ? Pfizer did the same with antivenoms. This is a very normal occurrence. I bet you Bernie or his accolades have stocks in a competitor . It's deeper than politics .

The government isn't currently in the business of manufacturing or selling prescription drugs. The fact is most medications are developed using publicly funded research then big companies buy the patents for the drugs and raise the price dramatically. The government could take over the industry by patenting any drugs developed using public funds and selling it at cost to citizens but people would call that socialism and bytch about destroying industries.

I don’t doubt the story but Bernie and his team ain’t slick. He’s trying to find issues instead of doing his job of creating laws.

funny how the government can tell me how much i can raise rent, yet have no regulations on how much the prices for drugs can be raised

Senator Sanders introduced a bill that would solve issues like these, it has several cosponsors including Corey Booker. Bringing up stories like this brings attention to the need for that bill and can push/shame others in Congress into voting for the bill.

 

[ORDER_66]

came in here to suck some pharma dyck i see

 

[ColdSlither]

Kill it with fire.

 

[☑︎#VoteDemocrat]

FYI, Hillary Clinton is the one who FIRST raised this issue back in 2015. She's the entire reason Martin Skhreli got all that heat.

 

[hashmander]

funny how the government can tell me how much i can raise rent, yet have no regulations on how much the prices for drugs can be raised

true, but to be fair that's your local and state govt where they have more control over things like rent. federal shyt gets a little more complicated.

anyway, they probably raised it this high so they look semi decent when they agree to lower it to a still obscene price. it's one thing when you're spending money on research to bring new drugs to market. but this shyt? how can anyone in this thread defend this?

 

[tru_m.a.c]

I don’t doubt the story but Bernie and his team ain’t slick. He’s trying to find issues instead of doing his job of creating laws.

 

[☑︎#VoteDemocrat]

Elizabeth Warren have have had legislation in place already that she would have wanted to have signed to fix this.

Bernie will just rant about it and posture himself as a man of the people without doing shyt about it.

 

[FAH1223]

Elizabeth Warren have have had legislation in place already that she would have wanted to have signed to fix this.

Bernie will just rant about it and posture himself as a man of the people without doing shyt about it.

3 weeks ago

Sweeping Plan to Lower Drug Prices Introduced in Senate and House

WASHINGTON, Jan. 10 – Sen. Bernie Sanders (I-Vt.) and Reps. Elijah Cummings (D-Md.) and Ro Khanna (D-Calif.) along with more than two dozen of their colleagues in the House and Senate introduced sweeping reforms Thursday that would dramatically reduce prescription drug prices in the United States.

The plan to reduce the skyrocketing cost of prescription drugs includes three bills:

1. The Prescription Drug Price Relief Act, which would peg the price of prescription drugs in the United States to the median price in five major countries: Canada, the United Kingdom, France, Germany and Japan;
2. The Medicare Drug Price Negotiation Act, which would direct the Secretary of Health and Human Services (HHS) to negotiate lower prices for prescription drugs under Medicare Part D;
3. The Affordable and Safe Prescription Drug Importation Act, which would allow patients, pharmacists and wholesalers to import safe, affordable medicine from Canada and other major countries.

The Prescription Drug Price Relief Act would lower drug prices in the United States by 50 percent according to Dean Baker. Additionally, the U.S. government could save close to $360 billion over 10 years if Medicare negotiated the same prices for drugs as people in Canada pay, according to the Center for Economic and Policy Research.

"The United States pays by far the highest prices in the world for prescription drugs. This has created a health care crisis in which 1 in 5 American adults cannot afford to get the medicine they need," Sanders said. "That is why I am introducing legislation to drastically bring down the cost of prescription drugs. If the pharmaceutical industry will not end its greed, which is literally killing Americans, then we will end it for them."

"These bills are important because it’s time to provide much-needed relief to the American people," Cummings said. "No more talk. No more tweets. The American people want action. They should not have to decide between paying their bills or paying for their prescriptions. We’re a better country than that. We need real and immediate action to lower drug prices in this country. The American people deserve that, and I will do everything I can to help deliver that for them."

"There is absolutely no reason for the big pharmaceutical companies to make Americans pay higher prescription drug prices than they charge our friends in Canada, Germany, and the UK. Today we’re sending big pharma a message: market exclusivity is a privilege, and when you abuse that by price gouging the sick and aging, then you lose that privilege," Khanna said. "This bill will bring down drug prices by taking on monopolies and boosting prescription drug competition."

President Donald Trump said repeatedly during his campaign that he would take action against drug companies and bring down prices. But in the first seven months of 2018 alone, there were 96 drug price hikes for every price cut. Four major drug manufacturers combined made more than $50 billion in profits last year. In addition, in 2017 1 in 5 Americans reported they did not fill a prescription because of cost.

Meanwhile, in Canada and other major countries, the same medications, manufactured by the same companies, in the same factories are available for a fraction of the price compared to the United States. In 2017, Americans spent $1,208 per person on prescription drugs while Canadians spent $860 and people in the U.K. spent $476.

The measures introduced today are overwhelmingly supported by the American people. Seventy-two percent of Americans favor allowing the importation of prescription drugs from Canada, and 92 percent of the American people support allowing Medicare to negotiate drug prices.

Cosponsors in the Senate of The Prescription Drug Price Relief Act include Sens. Richard Blumenthal (D-Conn.), Cory Booker (D-N.J.), Kirsten Gillibrand (D-N.Y.), Kamala Harris (D-Calif.) and Elizabeth Warren (D-Mass.).

Cosponsors in the Senate of The Medicare Drug Price Negotiation Act include Richard Blumenthal (D-Conn.), Sens. Cory Booker (D-N.J.), Kirsten Gillibrand (D-N.Y.), Kamala Harris (D-Calif.), Patrick Leahy (D-Vt.), Jack Reed (D-R.I.), Elizabeth Warren (D-Mass.) and Tina Smith (D-Minn.).

Cosponsors in the Senate of The Affordable and Safe Prescription Drug Importation Act include Sens. Tammy Baldwin (D-Wis.), Richard Blumenthal (D-Conn.), Cory Booker (D-N.J.), Sherrod Brown (D-Ohio), Maria Cantwell (D-Wash.), Bob Casey (D-Penn.), Kirsten Gillibrand (D-N.Y.), Kamala Harris (D-Calif.), Maggie Hassan (D-N.H.), Martin Heinrich (D-N.M.), Angus King (I-Maine), Amy Klobuchar (D-Minn.), Patrick Leahy (D-Vt.), Joe Manchin (D-W.V.), Jeff Merkley (D-Ore.), Jack Reed (D-R.I.), Jeanne Shaheen (D-N.H.), Tina Smith (D-Minn.), Debbie Stabenow (D-Mich.), Tom Udall (D-N.M.), Chris Van Hollen (D-Md.), Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.).

Cosponsors of all three bills in the House include Reps. Elijah Cummings (D-Md.), Rosa DeLauro (D-Conn.), Tulsi Gabbard (D-Hawaii), Pramila Jayapal (D-Wash.), Ro Khanna (D-Calif.), Ilhan Omar (D-Minn.), Mark Pocan (D-Wis.), Jan Schakowksy (D-Ill.), Rashida Tlaib (D-Mich.), Joe Neguse (D-Co.) and Peter Welch (D-Vt.).



For a summary of The Prescription Drug Price Relief Act, click here. For full text, click here.

For a summary of The Medicare Drug Price Negotiation Act, click here. For full text, click here.

For a summary of The Affordable and Safe Prescription Drug Importation Act, click here. For full text, click here.

Contacts: Josh_Miller-Lewis@sanders.senate.gov (Sanders)
Aryele.Bradford@mail.house.gov (Cummings)
Heather.Purcell@mail.house.gov (Khanna)

 

[☑︎#VoteDemocrat]

3 weeks ago

Sweeping Plan to Lower Drug Prices Introduced in Senate and House

Once again, he's late to the party:


Warren, Schakowsky Introduce Bicameral Legislation to Radically Reduce Drug Prices Through Public Manufacturing of Prescription Drugs | U.S. Senator Elizabeth Warren of Massachusetts

Sen. Warren’s new plan to lower prices: have the government make drugs

Elizabeth Warren’s ambitious new bill to lower generic drug prices, explained

Warren bill would get feds into generic drug manufacturing

 

[chico25]

Once again, he's late to the party:


Warren, Schakowsky Introduce Bicameral Legislation to Radically Reduce Drug Prices Through Public Manufacturing of Prescription Drugs | U.S. Senator Elizabeth Warren of Massachusetts

Sen. Warren’s new plan to lower prices: have the government make drugs

Elizabeth Warren’s ambitious new bill to lower generic drug prices, explained

Warren bill would get feds into generic drug manufacturing

So you claim Sanders isn't doing anything about and is just posturing. A poster shows you what he's doing about it and you deflect to say someone else did it first. Nobody gives a shyt who came up with the idea first. People want the problem solved. Bernie is bringing attention to the problem, by putting a human face on it, while trying to pass legislation to fix it.

The way you talk you make it seem like you would rather certain problems stay the way they are than for Sanders to get credit for fixing them.