General Discussion

Faryn Balyncd

(5,125 posts)

13. Generic prices have been skyrocketing. TPP could send them through the stratosphere, if passed.

Tue Apr 21, 2015, 05:58 PM

Apr 2015

For years a course of generic doxycycline was available for $4. The market was cornered, and the price overnight went to over $100.

Pharmaceutical companies have amply demonstrated they will do anything for a buck: If cutting off competition and availability of effective treatment that have been available for decades, and are out of patent, is more profitable than developing a new treatment, then they have shown that is what they will do.

If they can manage to cripple generic competitors, they will (and announce that it's for "safety", then outsource production to the same, or worse, manufacturers, import, make it up 1000%, and probably avoid taxes by setting it up as a Cayman's subsidiary).

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Here is just ONE terrible example from the TPP, and yes, we know for sure [View all] cali Apr 2015 OP

Medicines forecast to cost taxpayers millions more in secret TPP trade deal cali Apr 2015 #1

I have no doubt that this is in the bill but does President Obama realize that this alone will raise jwirr Apr 2015 #2

good observation cali Apr 2015 #3

If this is only a draft version from 2013, procon Apr 2015 #5

I didn't say final agreement. I said they're still fighting over this cali Apr 2015 #8

Yes, thank you, I have looked at this objectively. procon Apr 2015 #11

I'm pretty certain that ... 1StrongBlackMan Apr 2015 #27

one major goal of heritage care was to enrich the pharmaceutical companies. of course Doctor_J Apr 2015 #30

K & R !!! WillyT Apr 2015 #4

Overseas, brand name drugs are often cheaper than US generics. Might actually be good for them. Hoyt Apr 2015 #6

That is a pretty huge and unlikely "if" to base anything at all on. Pointless, really. djean111 Apr 2015 #35

I doubt the outcome would be lowered prescription drug costs in the US... Violet_Crumble Apr 2015 #36

That study was about drug prices in Australia. DanTex Apr 2015 #42

I know. Prices will go up here. They're not going to go down in the US to match our prices n/t Violet_Crumble Apr 2015 #43

Oh, didn't realize you were in Australia, my mistake. DanTex Apr 2015 #44

No probs. I should have said so... Violet_Crumble Apr 2015 #45

To "This is just a draft" crowd. Yes it's a draft that has been fine tuned for rhett o rick Apr 2015 #7

the deniers are as sick and vile as climate change deniers. cali Apr 2015 #9

I would say that most are just scared. Afraid of challenging the status quo. They are willing to rhett o rick Apr 2015 #10

Or, we've been down these same Henny Penny roads procon Apr 2015 #12

By all means, let's wait until TPP is passed truebluegreen Apr 2015 #26

No ... 1StrongBlackMan Apr 2015 #28

Text to be released 60 days BEFORE IT IS SIGNED, not passed, signed. GoneFishin Apr 2015 #34

And text released to the public (Congress) ... 1StrongBlackMan Apr 2015 #37

If you have a citation indicating that the public will have a decent comment period before congress GoneFishin Apr 2015 #52

Here ya go ... 1StrongBlackMan Apr 2015 #53

Thanks for the link. The 2 months vs. the 4 months doesn't totally make sense, but thanks for the GoneFishin Apr 2015 #58

I think the article has the timing ass backwards ... 1StrongBlackMan Apr 2015 #60

What is gained by doing that? procon Apr 2015 #29

We're DU ... You'll see... 1StrongBlackMan Apr 2015 #38

How do you know the countries that objected to it didn't succeed in getting it changed pnwmom Apr 2015 #18

From what we've seen we can tell what the President is trying for. It may get weakened a little but rhett o rick Apr 2015 #20

Generic prices have been skyrocketing. TPP could send them through the stratosphere, if passed. Faryn Balyncd Apr 2015 #13

K&R! Omaha Steve Apr 2015 #14

Kicked and recommended! Enthusiast Apr 2015 #15

So the practices of pharmaceutical companies are a concern of those who smirk at 'social issues'? Bluenorthwest Apr 2015 #16

I am getting very tired of the Strawman you guys use that progressive "smirk at social issues". rhett o rick Apr 2015 #21

I am not getting tired of your exchanges on this point with Bluenorthwest. msanthrope Apr 2015 #31

No he/she won't ... 1StrongBlackMan Apr 2015 #39

"you Guys"? William769 Apr 2015 #55

You are correct. That wasn't appropriate. Those that accuse progressives rhett o rick Apr 2015 #56

+1 LordGlenconner Apr 2015 #59

How do we know for sure that it is STILL in the current version, since, as you say, pnwmom Apr 2015 #17

We don't. MineralMan Apr 2015 #19

From the versions we've seen we can figure out what they are trying to do. After years of rhett o rick Apr 2015 #22

Why are you saying I'm siding with the corporations? I think that in the two YEARS they're been pnwmom Apr 2015 #23

There may have been significant changes but that doesn't mean they are better. rhett o rick Apr 2015 #24

I don't like many individual things I've seen posted, and that doesn't mean I side pnwmom Apr 2015 #25

Even from two years ago you can tell what direction they are going. nm rhett o rick Apr 2015 #33

You've mentioned that you've actually seen "versions" procon Apr 2015 #32

+1 ... 1StrongBlackMan Apr 2015 #40

so read them. I've posted a lot of links. cali Apr 2015 #46

Thank you, but your links invariably lead to opinion articles, procon Apr 2015 #49

then stop asking me. I don't have time to play games cali Apr 2015 #50

If you'll look, my post was addressed to someone else, not you. procon Apr 2015 #57

You mean companies that spend billions in research want to protect their patents? JaneyVee Apr 2015 #41

This is soo simple for me. Puglover Apr 2015 #47

Why are we voting for anything now. aspirant Apr 2015 #48

The vote will happen fredamae Apr 2015 #51

These trade deals are evidence that our government does not represent the common US people. L0oniX Apr 2015 #54

How do we "know for sure" when this is two years old? brooklynite Apr 2015 #61