Quote:
Originally Posted by Sailor Steve
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You misunderstood my reply.
No one said creating a drug was cheap or that it happens overnight.
Which is what your post seems to indicate I was implying.
And then of course everyone has a different set of numbers to show how expensive or inexpensive it "really" is.
The post was about the big bucks drug companies make off their wares while the patents are standing.
Pfizer I believe it was got caught paying another company $200 million "not" to make a generic brand of a drug whos patent had run out.
Since you love to look up things because you always think I'm so wrong about Everything. Look up what some of these drugs made in profit and then how much the drug company paid out in the lawsuits.
I hear Lipator is the latest to hit the skids. It must of been around for 10 years, now they claim it has very bad side effects.
I would do it for you, but I'm sure I would only screw it up.
But maybe You could tell me how if it takes so long to make a drug and so much money to get it market, and then hundreds of millions or even billions to settle the lawsuits, not to mention all the bucks to defend the company in court, how do these companies pay their CEO's and other execs that big bonus and still make those big big profits? The ones used to pay for all the R&D, testing, manufacturing, offices, plants, payroll.
Yes sir you got me feeling real sorry for them.
But I wonder if we should trust drug companies with providing the numbers when trying to get to the real cost. I mean they might have a good reason for making those numbers high. As in what they want to charge for the drug, the advertising for the drug, legal cost to get the drug going and maybe defend it in court. The bucks needed to show the board that we are in charge and making money for the big bonus, and all the money they have to pay out to investors and stock holders.
But no need to ask, I'm sure you have all the answers.
