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Drug Companies are Sitting on Generics—43% of Recently Approved Aren’t for Sale

posted by martyb on Sunday February 10 2019, @01:53PM   Printer-friendly
from the just-greed dept.

upstart writes:

Submitted via IRC for SoyCow1984

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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  • (Score: 0) by Anonymous Coward on Sunday February 10 2019, @09:52PM (2 children)

    by Anonymous Coward on Sunday February 10 2019, @09:52PM (#799236)

    Yes, because since the advent of modern medicine, our lives have been getting shorter, and we die from lots of preventable diseases...

    You have to look since obamacare gave access to these substances to tease out the effect. "Modern medicine" overlaps with "modern sanitation" and "cheap energy" too much. The "medicine" is reducing lifespan while the other two have been increasing it.

  • (Score: 3, Informative) by PartTimeZombie on Monday February 11 2019, @02:43AM (1 child)

    by PartTimeZombie (4827) on Monday February 11 2019, @02:43AM (#799345)

    I was thinking about countries with proper healthcare, not that ridiculous cash-grab you guys suffer with in the US.

    • (Score: -1, Troll) by Anonymous Coward on Monday February 11 2019, @03:02AM

      by Anonymous Coward on Monday February 11 2019, @03:02AM (#799352)

      proper healthcare

      Yes, you left what is "proper" up to the government. Next is the EU (or whatever your local super-gov is called), then the UN. Easier to control.

      Each level up means you have less control even under the ideal democracy scenario.

      Do you disagree with any of this?