General Discussion
In reply to the discussion: My 96 hour ordeal in getting a prescription for my 85 year old mom........ [View all]NWProf
(51 posts)What MRMPA experienced is only the tip of the iceberg.
Quite often the generic drug is the original formulation. But once the patent finally runs out, and this can take decades, the Big Pharma company looks around for some way to restore those big profits. Usually the Big Pharma Company just rejiggers the formula and - whammo! - new product, new patent, bigger price!
If the generic drug can not be rejiggered then Big Pharma companies increasingly are buying up the Generic manufacturing companies. Once Big Pharma owns the generics manufacturer, one of two things occurs: either the generic drug disappears and only the patented one remains at the higher price. This happened to MRMPA. Or, if only one company makes the generic drug, its price doubles or triples.
Now Obamas Justice Department knows about this, but is unwilling to do anything about it. Prosecuting any of these drug manufacturing companies will result in the secession of huge amounts of cash being given to the Dems. You do not bite the hand that feeds you especially in an election year.
Since Hillary wants to continue as Obamas 3rd term then things will not get any better anytime soon. If we go with Bernie, then he will curb Big Pharma as he has said he would for the last 10 years on Brunch with Bernie on the Thom Hartmann Show. Bernie has laid out a much more comprehensive plan to do this than Hillary and you will find it at Bernie Sanders website ( https://berniesanders.com/medicareforall/ ).
Want to find out where your Representative or Senator gets his funds for reelection? Goto Open Secrets ( http://www.opensecrets.org/ ).