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(CNBC)   Biogen faces tough questions about $56k price for new Alzheimer's drug, paying off Dennis Nedry. Dodgeson unavailable for comment   (cnbc.com) divider line
    More: Asinine, Price, Long and short scales, Shares of Biogen, price tag executives, Health insurance, Marketing, Pharmaceutical drug, company's drug  
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161 clicks; posted to STEM » on 09 Jun 2021 at 9:00 AM (6 days ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



13 Comments     (+0 »)
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6 days ago  
So is Dodson.
 
6 days ago  

dittybopper: So is Dodson.


Sorry.  Dodgson.
 
6 days ago  
Why do they need to answer any questions about it?  Until we regulate drug prices, drug companies can tell us to fark off and charge whatever they want.

/we need to regulate drug prices
 
6 days ago  
Fark you, pay me.
 
6 days ago  
That's not the tough question Biogen needs to answer.

The one it *actually* needs to answer is why doesn't it work?

When you run a phase 3 trial and have it cancelled due to futility, then "reanalyze" the data to say maybe there's an effect so we should redo it, then have one of the follow-up trials show only a tiny effect and the other show nothing at all while causing brain swelling in 30% of your patients perhaps the FDA shouldn't have approved it?
 
6 days ago  
Biogen executives said the total price figure for the new treatment is "substantiated" by the value it is expected to bring to patients, caregivers and society. They insisted the price is "responsible," noting the disease costs the U.S. billions each year.

JFC. They're not even pretending drug prices are based on R&D costs anymore. They're literally boasting about charging as much as they can extort.
 
5 days ago  
Is this the drug some argue was approved too soon? No wonder. Can't resist big money.
 
5 days ago  
How they may have procured the drug:

jimhillmedia.comView Full Size
 
5 days ago  

Glockenspiel Hero: The one it *actually* needs to answer is why doesn't it work?


nedry couldn't get it to them before the coolant in his shave cream ran out?
 
5 days ago  
Never cures.

Only life-time dependencies.

Farking drug dealers.
 
5 days ago  

I am Tom Joad's Complete Lack of Surprise: Never cures.

Only life-time dependencies.

Farking drug dealers.


You're welcome to develop a cure for Alzheimers.  Obviously nobody else has tried to do that in the past 50 years or so since it can't be that hard.

/Be mad the FDA approved something that isn't a cure *or* a treatment
 
5 days ago  

Glockenspiel Hero: I am Tom Joad's Complete Lack of Surprise: Never cures.

Only life-time dependencies.

Farking drug dealers.

You're welcome to develop a cure for Alzheimers.  Obviously nobody else has tried to do that in the past 50 years or so since it can't be that hard.

/Be mad the FDA approved something that isn't a cure *or* a treatment


I can hate both, and captive 'regulators'.

https://www.washingtonpost.com/news/w​o​nk/wp/2015/02/11/big-pharmaceutical-co​mpanies-are-spending-far-more-on-marke​ting-than-research/
 
5 days ago  

I am Tom Joad's Complete Lack of Surprise: Glockenspiel Hero: I am Tom Joad's Complete Lack of Surprise: Never cures.

Only life-time dependencies.

Farking drug dealers.

You're welcome to develop a cure for Alzheimers.  Obviously nobody else has tried to do that in the past 50 years or so since it can't be that hard.

/Be mad the FDA approved something that isn't a cure *or* a treatment

I can hate both, and captive 'regulators'.

https://www.washingtonpost.com/news/wo​nk/wp/2015/02/11/big-pharmaceutical-co​mpanies-are-spending-far-more-on-marke​ting-than-research/


And I can hate the fact they spend more on marketing than research while understanding that the human body is extremely complex and long term chronic conditions aren't things you can permanently cure with a pill.

Medical research can and does create cures whenever possible- hell, it just shipped multiple vaccines against a disease that didn't exist 18 months ago and that's even better than a cure. But the reality of things like high blood pressure, diabetes or Alzheimers are that they simply aren't fixable that way if they are fixable at all- it's like complaining that we haven't invented replacement pancreas for diabetics because obviously the makers of insulin pumps need their money

Knowing tons of people in the field means I get a bit tired of the "You're evil and greedy because you can't perform miracles" trope.  Life isn't a farking Hollywood movie and perfect drugs don't just appear in 118 minutes when needed.
 
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