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(WTOP)   The good news: we can cure Hepatitis-C with only 84 pills. The bad news: each pill is $84,000. The tragedy: that's enough to power Total Fark for 1,400 years   (wtop.com) divider line 219
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5449 clicks; posted to Main » on 07 Aug 2014 at 7:34 AM (19 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-08-07 03:54:52 AM  
Subby sucks at math.
 
2014-08-07 05:39:29 AM  
I am pretty sure it takes more than one subscription to run total fark.

But if it doesn't, it's totally mine.  I have the power.
 
2014-08-07 07:22:43 AM  
Thanks Obamacare!
 
2014-08-07 07:37:03 AM  
$1,000 a pill? Seriously, these companies need to choke on a bag of dicks.
 
2014-08-07 07:37:23 AM  

OgreMagi: Subby sucks at math.


And reading comprehension.
 
2014-08-07 07:38:13 AM  
Reading is hard

The medication -- known as Sovaldi, made by Gilead Sciences -- costs $1,000 a pill, and roughly $84,000 for a course of treatment.
 
2014-08-07 07:40:20 AM  

abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.


If you don't like it, start your own pharmaceutical company.
 
2014-08-07 07:41:57 AM  
This is what is wrong with America. That the pharmacy companies are allowed to get away with this kind of sickening greed.

If it was anybody else who engaged in this type of price racket, they'd already be in prison
 
2014-08-07 07:43:16 AM  
 
2014-08-07 07:43:42 AM  

abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.


It cost them hundreds of millions of dollars to create this drug, and in a few years other manufacturers will be allowed to make generics.
They're not a damned charity.
 
2014-08-07 07:43:47 AM  

Cybernetic: OgreMagi: Subby sucks at math.

And reading comprehension.


Maybe he was using cop math.
 
2014-08-07 07:44:36 AM  

Dwindle: abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.

It cost them hundreds of millions of dollars to create this drug, and in a few years other manufacturers will be allowed to make generics.
They're not a damned charity.


No, nobody said they were a charity, but nobody should be robbed, either. Which is what this amounts to... legal robbery
 
2014-08-07 07:45:39 AM  
A friend of mine did the clinical trial up at Columbia University. It's totally legit. She's really happy.

She wasn't pleased with the study staff though, she followed the protocols religiously (food, diet, side effect management, blood work, follow up etc) and apparently the study staff treated the participants quite poorly and their rigor wasn't where it needed to be. Possibly because Gilead was the sponsor and Columbia was the sub.

/csb
 
2014-08-07 07:45:54 AM  

GDubDub: Cybernetic: OgreMagi: Subby sucks at math.

And reading comprehension.

Maybe he was using cop math.


Nah, beer math. 2+2= fish sticks and beer
 
2014-08-07 07:45:55 AM  

Dwindle: abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.

It cost them hundreds of millions of dollars to create this drug, and in a few years other manufacturers will be allowed to make generics.
They're not a damned charity.


More importantly, it is a far cheaper treatment than a transplant.
 
hej
2014-08-07 07:45:57 AM  

Trance750: Dwindle: abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.

It cost them hundreds of millions of dollars to create this drug, and in a few years other manufacturers will be allowed to make generics.
They're not a damned charity.

No, nobody said they were a charity, but nobody should be robbed, either. Which is what this amounts to... legal robbery


Why don't you go ahead and tell us how much they should be selling it for.
 
2014-08-07 07:46:20 AM  
I have a cheaper one. Keep your dick out of Pamela Anderson. Well it's more of a vaccine than a cure.
 
2014-08-07 07:46:42 AM  

dookdookdook: Thanks Obamacare!


You're being sarcastic, but you actually can thank Obamacare. In order to get the pharmaceutical companies to sign on there were provisions to prevent price controls.

But don't worry, they had to pass the law to find out what was in it.
 
2014-08-07 07:47:02 AM  
isnt this very same pill cheaper in egypt? I remember reading the pharma setting prices based on the average income at each country where it offers its product.

Probably cheaper for your insurance to pay you a trip to a country where its cheap, buy all the pills your treatment needs, and fly back. 

I know other insurances already come with packages to get surgery done in costa rica for a fraction of the cost in the US.
 
2014-08-07 07:47:32 AM  

Dwindle: abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.

It cost them hundreds of millions of dollars to create this drug, and in a few years other manufacturers will be allowed to make generics.
They're not a damned charity.


And yet they're more or less treated as such.  The motivation to help people, and the motivation to make a buck off of their illness, are two different driving forces.  There is a clear conflict of interest in the pharmaceutical industry; far less money to be made with a vaccine or cure than with a "treatment".

//if anything deserves to be nationalized, it's medical research.  It DIRECTLY serves the common good.
 
2014-08-07 07:47:44 AM  
"You are looking at numbers that are staggering to provide this medicine -- probably 300, 400 billion dollars in the U.S.,

It would be cheaper for the government to just seize the formula and factories.
 
2014-08-07 07:48:21 AM  
Would you collectively please totally fark off with total fark already? The dumb jokes about van Gogh's ear and such over and over are getting old.
 
2014-08-07 07:48:22 AM  

Dwindle: abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.

It cost them hundreds of millions of dollars to create advertise this drug, and in a few years other manufacturers will be allowed to make generics.
They're not a damned charity.


No, they're not. Just ask your doctor if budget-busting pharmaceuticals are right for you.
 
2014-08-07 07:49:28 AM  

Dwindle: abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.

It cost them hundreds of millions of dollars to create this drug, and in a few years other manufacturers will be allowed to make generics.
They're not a damned charity.


Even if it cost them $500M to develop, The ROI would only be 6000 courses. There are 2.7 million people with HepC in the US according to the CDC. There are probably more, actually. They don't need to charge $84K/course to make their money back plus a very nice profit. It's farking gouging, plain and simple.
 
2014-08-07 07:50:11 AM  
Insurance companies are only approving payment for the sickest (read: dying) people on the liver transplant list.

Not many people will be "cured" for a while. I put the word "cured" on quotation marks because the correct terminology is they are attaining "no detectable viral load". That is not necesssarily cured. Remember the recent story about the baby who was "cured" of HIV and now found to have the virus? Same deal.
 
2014-08-07 07:50:14 AM  

HotWingConspiracy: "You are looking at numbers that are staggering to provide this medicine -- probably 300, 400 billion dollars in the U.S.,

It would be cheaper for the government to just seize the formula and factories.


I think India did that for either that pill or some similar pill where the price was astronomical
 
2014-08-07 07:51:32 AM  
Pharma reminds me a lot of the Entertainment Industry. You spend 75-80% of your budget before the first dollar of revenue comes in, and there is no guarantee that dollar is going to come. I can't blame the company here.  If they don't push to cover the costs, they will go bankrupt.

Short of outright nationalization, there isn't a good way around this problem.
 
2014-08-07 07:52:07 AM  
They're charging $1,000 in the U.S., but they're likely charging $1 in heavily regulated countries. They're not a charity, but they are likely profitting off the American lack-of-regulation by attempting to make up all their lost revenue here.
 
2014-08-07 07:52:26 AM  

Dinobot: HotWingConspiracy: "You are looking at numbers that are staggering to provide this medicine -- probably 300, 400 billion dollars in the U.S.,

It would be cheaper for the government to just seize the formula and factories.

I think India did that for either that pill or some similar pill where the price was astronomical


Yup. Their supreme court also squashed the industry tactic of slightly changing the formula so they can claim it's a new drug and keep it perpetually out of generic availability.
 
2014-08-07 07:54:21 AM  

OgreMagi: Subby sucks at math.


And reading.  Seeing as how the first few lines explicitly lay out the cost per pill.
 
2014-08-07 08:10:13 AM  

phamwaa: Dwindle: abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.

It cost them hundreds of millions of dollars to create advertise this drug, and in a few years other manufacturers will be allowed to make generics.
They're not a damned charity.

No, they're not. Just ask your doctor if budget-busting pharmaceuticals are right for you.


And the family doctor is now just a middle-man for Big Pharma
 
2014-08-07 08:13:39 AM  
The "cover their development costs" argument quickly falls apart when you see how both profitable and wasteful big pharma is. Peel back the onion a little further and you see them "developing" drugs for conditions that dont exists (rls), falsifying research, repressing cheaper alternatives, patent extending gimmicks, controling what gets taught in med school, completley owning the legislature, etc.

if your analysis stops at "it costs a lot to create a new drug" you should be paying millions of dollars for your Kia Rio. Do you have any idea how many thousands of lives and billions of dollars have been spent perfecting the internal combustion engine? How about the gas it burns, refineries aint cheap ya know. And the highway system and and and
 
2014-08-07 08:14:55 AM  

reillan: They're charging $1,000 in the U.S., but they're likely charging $1 in heavily regulated countries. They're not a charity, but they are likely profitting off the American lack-of-regulation by attempting to make up all their lost revenue here.


Nope, they are charging the same price in France, and it's quite the scandal. If they were to be left to invoice that, that company would syphon a whole 6% of the entire health budget of the country, and our government has deemed that completely unnaceptable.
 
2014-08-07 08:16:46 AM  
I wonder what it'll cost in developed countries that have universal healthcare systems.
 
2014-08-07 08:17:28 AM  

padraig: Nope, they are charging the same price in France, and it's quite the scandal. If they were to be left to invoice that, that company would syphon a whole 6% of the entire health budget of the country, and our government has deemed that completely unnaceptable.


Why does France hate liberty?
 
2014-08-07 08:19:07 AM  

Another Government Employee: Pharma reminds me a lot of the Entertainment Industry. You spend 75-80% of your budget before the first dollar of revenue comes in, and there is no guarantee that dollar is going to come. I can't blame the company here.  If they don't push to cover the costs, they will go bankrupt.

Short of outright nationalization, there isn't a good way around this problem.


Well, that obvious answer has been staring us in the face for years, but we're too petty and spiteful to see it.

What use is a medication if a) no one can afford it out of pocket, and b) insurance companies won't cover it because it will affect their holy profit margin?  In the old days, Tennessee Ernie Ford had to sell his soul to the company store, now all you have to do is take out a second mortgage if you get sick.
 
2014-08-07 08:19:31 AM  

abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.


The company has a bunch of options for those who cannot afford it. I talked at length to someone who's father went through it.

Also, even at $84K it represents a substantial savings over the previous 'lifetime of treatment' protocol.
 
2014-08-07 08:22:53 AM  

hej: Trance750: Dwindle: abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.

It cost them hundreds of millions of dollars to create this drug, and in a few years other manufacturers will be allowed to make generics.
They're not a damned charity.

No, nobody said they were a charity, but nobody should be robbed, either. Which is what this amounts to... legal robbery

Why don't you go ahead and tell us how much they should be selling it for.



25.media.tumblr.com
 
2014-08-07 08:23:06 AM  

pete1729: The company has a bunch of options for those who cannot afford it.


Like what?
 
2014-08-07 08:24:09 AM  
Well... That's certainly good new for Pamela Anderson then.
 
2014-08-07 08:24:13 AM  
Dr. John Marshall, a leading cancer researcher with the Lombardi Comprehensive Cancer Center, agrees that pharmaceutical companies are designed to make a profit. He also notes "they are just playing by the rules that we have provided them."


They are playing by the rules they have crafted for themselves through lobbying and campaign spending.
=Smidge=
 
2014-08-07 08:25:00 AM  

abhorrent1: Dwindle: abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.

It cost them hundreds of millions of dollars to create this drug, and in a few years other manufacturers will be allowed to make generics.
They're not a damned charity.

Even if it cost them $500M to develop, The ROI would only be 6000 courses. There are 2.7 million people with HepC in the US according to the CDC. There are probably more, actually. They don't need to charge $84K/course to make their money back plus a very nice profit. It's farking gouging, plain and simple.


I'm not saying that they aren't charging too much, but I'm not sure how "too much".

That said, sure 6000 courses for the ROI on the development and licensing.  How much more to maintain the equipment, physically make, provide, allow inspections of, the drug?  How much for distribution?  How much for "bad drug" insurance.  Since it is a new drug, that insurance will be quite expensive.

They can expect to be sued when it doesn't work because whatever, when it was used too late, etc.

There are a lot of ongoing costs. But I doubt it's more than the development, so lets say 12000.

I imagine they set their price point such that it's measurably cheaper than a transplant for the insurance companies, so that even when it doesn't work and a transplant has to be done anyway, it's still cheaper.

Now that everyone CAN get insurance, and coverage for HepC can't be denied, the drug company really has no incentive to lower the price below "good financial bet for the insurance company".
 
2014-08-07 08:25:11 AM  

Trance750: Dwindle: abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.

It cost them hundreds of millions of dollars to create this drug, and in a few years other manufacturers will be allowed to make generics.
They're not a damned charity.

No, nobody said they were a charity, but nobody should be robbed, either. Which is what this amounts to... legal robbery


It means a restricted access to the medication for a few years, then wide and open availability at cheap rates forever once it goes generic.

The option, though, is the company doesn't do the research in the first place.
 
2014-08-07 08:26:35 AM  
http://www.transplantliving.org/before-the-transplant/financing-a-tra n splant/the-costs/
the averate cost of a liver transplant is over half a million dollars.
$84k is a bargain.
 
2014-08-07 08:27:48 AM  
Doesn't matter.  Nothing matters.  Everyone in the world is going to be dead from Ebola by the end of the year.
 
2014-08-07 08:27:50 AM  
500M is a generously low number.
 
2014-08-07 08:28:19 AM  
I'm just shocked that they may have actually cured something. Curing diseases outright is bad for business.
 
2014-08-07 08:29:14 AM  
So much better than pegylated interferon treatments  This is a very good drug.
 
2014-08-07 08:29:55 AM  

whatshisname: abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.

If you don't like it, start your own pharmaceutical company.


Easy to say since you aren't slowly dying of hepatic failure like I am.
 
2014-08-07 08:31:17 AM  

Dwindle: abhorrent1: $1,000 a pill? Seriously, these companies need to choke on a bag of dicks.

It cost them hundreds of millions of dollars to create this drug, and in a few years other manufacturers will be allowed to make generics.
They're not a damned charity.


Just a "For What It's Worth" - which probably isn't much:

According to several other articles about this drug (Sovaldi), the company that owns the rights to the drug (Gilead) bought the company that developed it (Pharmasset Inc) for $11Billion. It took the original company over 15 years to develop it.

It costs $130 to make a single (Sovaldi) pill. That's $11,000 just in production costs. (Why so much? No idea.)

Another drug, Olysio, with an 80% success rate that has been available since Nov. 2013, costs around $66,000 (wholesale) for a 90 day treatment.

The cost of a liver transplant *starts* at $500,000.

I would think insurance companies would be falling over themselves to try and save $420,000 over the cost of a transplant. *Shrug*
 
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