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Drug companies are sitting on generics—43% of recently approved aren't for sale
Of the more than 1,600 generic drugs approved by the Food and Drug Administration since January of 2017, more than 700—or 43 percent—are not for sale in the US, according to a new analysis by Kaiser Health News.
The finding means that many pricy, brand-name drugs are not facing the competition that could help drive down soaring prices. Among the drugs missing in action are generic versions of the expensive blood thinner Brilinta and the HIV medication Truvada. Moreover, of the approved drugs that would offer a brand-name drug its first competition, 36 percent are being held off the market, the analysis found.
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Drug Companies are Sitting on Generics—43% of Recently Approved Aren’t for Sale
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Logicians have but ill defined
As rational the human kind.
Logic, they say, belongs to man,
But let them prove it if they can.
-- Oliver Goldsmith
(Score: 4, Interesting) by Anonymous Coward on Sunday February 10 2019, @08:03PM (5 children)
Simple colon medicine price is one example of the pricing abuse
15 years ago I could get a month of medicine for $25 to $50 -- it now costs me $1000 to $2000 per month
Since they out-priced me from getting the simple medicine which would keep colitis in-check, I know I'm in for more expensive and invasive future treatments and pain in the not-to-distant future
current system doesn't work - reboot is needed
(Score: 3, Interesting) by Anonymous Coward on Sunday February 10 2019, @09:19PM (3 children)
I used to pay $300/month for 15 fentanyl patches, then they doubled the price. I detoxed from that horrible shit and went with marijuana... $300 worth of weed lasts 2 1/2 months, works better for chronic pain, and has less side effects. Those fentanyl patches probably only cost $1 to make. It's a legal drug cartel business, with lap dances and kickbacks to those that prescribe it.
(Score: 0) by Anonymous Coward on Sunday February 10 2019, @10:04PM (2 children)
And now they (government) will "legalize" weed which makes it 10x more expensive (watch the "murder mountain" documentary).
(Score: 2, Informative) by Anonymous Coward on Sunday February 10 2019, @11:12PM (1 child)
Grow yer own, even a shitty grower will get enough usable weed.
(Score: 2) by dry on Monday February 11 2019, @02:19AM
You need somewhere to grow. Most landlords won't allow it, same with condo associations.
(Score: 0) by Anonymous Coward on Monday February 11 2019, @08:39PM
you can probably change your diet long term and cure yourself. try that.