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More drugmakers hike U.S. prices as new year begins:
NEW YORK (Reuters) - Drugmakers including Bristol-Myers Squibb Co (BMY.N), Gilead Sciences Inc (GILD.O), and Biogen Inc (BIIB.O) hiked U.S. list prices on more than 50 drugs on Wednesday, bringing total New Year’s Day drug price increases to more than 250, according to data analyzed by healthcare research firm 3 Axis Advisors.
Reuters reported on Tuesday that drugmakers including Pfizer Inc (PFE.N), GlaxoSmithKline PLC (GSK.L) and Sanofi SA (SASY.PA) were planning to increase prices on more than 200 drugs in the United States on Jan. 1.
Nearly all of the price increases are below 10% and the median price increase is around 5%, according to 3 Axis.
More early year price increases could still be announced.
Soaring U.S. prescription drug prices are expected to again be a central issue in the presidential election. President Donald Trump, who made bringing them down a core pledge of his 2016 campaign, is running for re-election in 2020.
[...] The United States, which leaves drug pricing to market competition, has higher prices than in other countries where governments directly or indirectly control the costs, making it the world’s most lucrative market for manufacturers.
(Score: 0) by Anonymous Coward on Friday January 03 2020, @02:18AM (1 child)
> What you miss, is that placebo is a valid medical effect.
And we've found the the guy that believes in homeopathy.
The null effect and placebo response are two ways of saying the same thing. A drug is NOT effective if it is no more effective than a placebo. Only pseudo-scientific magical water promoting quacks and frauds will tell you otherwise (and their friends promoting magical needle pokes).
If all you want is a placebo, use a sugar pill, or hell, a magical medical chocolate chip cookie-- but, not something that causes harm.
(Score: 0) by Anonymous Coward on Friday January 03 2020, @12:50PM
No, you dumbass.
https://www.health.harvard.edu/mental-health/the-power-of-the-placebo-effect [harvard.edu]
When it come to things like mild depression, placebo effect is fucking important and has nothing to do with homeopathy bullshit.
Placebo also causes harm and results in side effects, by the definition of the double blind studies and the required reporting standards