Pharma companies continue to raise drug prices at rates well above inflation

Re:Pharma companies continue to raise drug prices at rates w... by refurb on Monday October 14, 2019 @08:26PM (#21254368)

big pharma charged ridiculous amounts of money for new drugs, made off-patent drugs dirt cheap

That’s what happens now, for the most part. Drugs that were cutting edge 7-10 years ago are now public domain and damn cheap, like 95-97% discount to the brand name.

Of course there are exceptions, but it’s generally how it pans out.

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Re:Pharma companies continue to raise drug prices at rates w... by wallace_f on Monday October 14, 2019 @08:58PM (#21254555)

And insulin should be dirt cheap, but is held hostage by Regulatory Capture.

I don't like the ideological warfare which takes place while many times the problem is of cronyism, cheating.

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Re:Pharma companies continue to raise drug prices at rates w... by refurb on Tuesday October 15, 2019 @02:12PM (#21261734)

The insulin of today is not the same insulin from 10 years ago.

The insulin from 30 years ago is available and cheap, but no one wants to use it because the newer insulins make it easier to control your blood sugar.

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