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(CBS News)   Prices for cancer drug lomustine have skyrocketed 1,400 percent since 2013, putting potentially life-saving treatments out of reach for patients suffering from brain tumors and Hodgkin's lymphoma. Martin Shkreli reportedly impressed   ( cbsnews.com) divider line
    More: Asinine, Cancer, potentially life-saving treatment, Wall Street Journal, little-known Miami startup, NextSource CEO Robert, blood cancer medication, Truveen Health Analytics, lower pharmaceutical prices  
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847 clicks; posted to Business » on 28 Dec 2017 at 11:20 AM (28 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



35 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2017-12-28 10:53:32 AM  
Maybe the poors should think twice before developing cancer.
 
2017-12-28 10:56:34 AM  
Corporate has R&D furiously working on a pill to treat pitchfork wounds.
 
2017-12-28 11:17:16 AM  
Profiting on the suffering of Americans is a true American value.
 
2017-12-28 11:19:09 AM  
....and, meanwhile, poor Republicans keep voting against their own interests.....
 
2017-12-28 11:29:04 AM  
And just think, these people got PERMANENT tax cuts, while ours is temporary.
 
2017-12-28 11:35:03 AM  
I look forward to the time when we stop caring about this.
Ok lets start the cycle here folks.

1: Company jacks the price up because they legally can.
2: Congress pulls in the CEO to "shame" them about how they are bad people and its not right.
3: Citizens don't care because the increased cost is charged to insurance companies HAHA stupid insurance companies!
4: Citizens get their premiums raised and blame it on the other political party.

I am really hoping that after a couple more of these cycles we can stop pretending to care as a society and spend our time on other things. Don't get me wrong I would love for this to be fixed say by society realizing that health care should be regulated like utilities are.
People have to have heat, electricity, water and we make sure there are regulations so people don't get screwed (or at least we try). Hopefully we'll all eventually agree that health care is the same way especially as long as we also have a system that lets people without money or insurance get medical attention in an E.R.
 
2017-12-28 11:48:45 AM  
Hmmm...seems like an enterprising high school science teacher could drive an RV to Mexico and load up on a cheap generic version and then resell on the streets of Phoenix.
 
2017-12-28 11:50:15 AM  
img.fark.netView Full Size
 
2017-12-28 12:02:44 PM  
We live in one farked up country.
 
2017-12-28 12:09:14 PM  

Mr. Coffee Nerves: Corporate has R&D furiously working on a pill to treat pitchfork wounds.

i.imgur.comView Full Size
 
2017-12-28 12:18:58 PM  
Fark! I understand there is a need to recoup drug development costs, and that R&D is expensive, but damn they should at least have to show their work when they start charging that much for medication. Farking prove it!
 
2017-12-28 12:32:28 PM  

Mr. Breeze: Fark! I understand there is a need to recoup drug development costs, and that R&D is expensive, but damn they should at least have to show their work when they start charging that much for medication. Farking prove it!


They need to recoup those huge marketing costs.

img.fark.netView Full Size
 
2017-12-28 12:53:17 PM  

Marcus Aurelius: Profiting on the suffering of Americans is a true American value.


It's what Supply-side Jeebus would want. The New Testament is very clear on this.
 
2017-12-28 01:21:12 PM  
Peter von Nostrand: We live inon one farked up country planet.

ftfy
 
2017-12-28 01:52:27 PM  

hammer85: And just think, these people got PERMANENT tax cuts, while ours is temporary.


Corporations aren't people.  Who are you, Mitt Romney?
 
2017-12-28 02:32:49 PM  
This shiat needs to stop.   No one should make money off the suffering of their fellow man
 
2017-12-28 02:43:19 PM  

grimlock1972: This shiat needs to stop.   No one should make money off the suffering of their fellow man


Technically, they are making money on the easing of someone's suffering.   Better?
 
2017-12-28 02:53:15 PM  

TedCruz'sCrazyDad: They need to recoup those huge marketing costs.


I wonder how the lobbying costs compare.
 
2017-12-28 03:26:58 PM  
Technically shouldn't that be 'anti-cancer' or 'cancer treatment' drug.

/fark cancer
//fark no conscience pharma companies
///fark em 3 times for good measure
 
2017-12-28 03:59:19 PM  
After our big fires here in California the cops wasted no time saying it was illegal to jack up the price of generators, gas, water, etc because of the disaster.  Can't we have a federal law that does something similar to keep drug prices down?
 
2017-12-28 04:32:33 PM  
America, fark you!
 
2017-12-28 04:55:38 PM  
Do you want socialized medicine?  Because this is how you will get socialized medicine.
 
2017-12-28 05:09:23 PM  

Mr. Coffee Nerves: Corporate has R&D furiously working on a pill to treat pitchfork wounds.


Hah,
There is a biotech startup I know here in Boston that developed a spray foam to treat wounds like from pitchforks so I am getting a kick.
 
2017-12-28 06:25:03 PM  

Northern: Mr. Coffee Nerves: Corporate has R&D furiously working on a pill to treat pitchfork wounds.

Hah,
There is a biotech startup I know here in Boston that developed a spray foam to treat wounds like from pitchforks so I am getting a kick.


Wasn't that how super glue was developed back during the Vietnam War?
 
2017-12-28 06:52:58 PM  

Beerguy: ....and, meanwhile, poor Republicans keep voting against their own interests.....


Four posts to politicize it.

What did the democrats do to curb this, again?
 
2017-12-28 07:19:29 PM  
If only we had a politician with, say brain tumors, who could call these assholes on the carpet and sponsor an anti-price gouging pharmaceuticals bill.

img.fark.netView Full Size

/ ain't holding my f*cking breath
 
2017-12-28 08:18:41 PM  
Just eminent domain their patents, or stop protecting them in the courts
 
2017-12-28 08:41:26 PM  

JinxedLynx: Just eminent domain their patents, or stop protecting them in the courts


There's no patents around for this one - the company that's now selling it doesn't even do research, and likely holds no patents whatsoever. This is like the drug that made Pharma Bro famous - it isn't patented, and technically anyone could submit an application to the FDA to make and sell it, but they're given to so few people (lomustine is given to only ~2000 people per year in the US) that nobody bothers. Some drug company notices, buys the rights to the drug for small change, and jacks up the price and hopes insurers just suck it up and pay.

Someone else could come along and get FDA approval to sell a generic, but there's a small clinical trial to be done first, and then you have to show that your manufacturing process is up to the FDA's standards. Those two things is a multi-year process, and until that happens, this company that jacked up the price sits around and rakes in the cash.
 
2017-12-28 09:00:45 PM  
My Mother-in-Law was trying to stave off death until November when a new cancer drug was to be approved. It was for her specific type and stage. When it was released, the cost of a single dose was over $200,000. Luckily, I guess, she passed in September before she could have been morbidly disappointed.
 
2017-12-28 09:42:49 PM  

T.rex: grimlock1972: This shiat needs to stop.   No one should make money off the suffering of their fellow man

Technically, they are making money on the easing of someone's suffering.   Better?


Nope same bullshiat different flavor.
 
2017-12-29 12:53:32 AM  
"Bristol-Myers Squib for years under the brand name CeeNU"

:/ ... Was "AudiosMF" already taken?  That has to be the worst name for a cancer treatment drug
 
2017-12-29 05:12:38 AM  
FTA: NextSource CEO Robert DiCrisci, told the Journal that the company sets its prices based on the costs it incurred in developing the medication and the benefits it provides patients.

Forty-year-old medicine they bought outright didn't cost them a cent to develop. Farking robbers.
 
2017-12-29 05:49:24 AM  

TedCruz'sCrazyDad: Mr. Breeze: Fark! I understand there is a need to recoup drug development costs, and that R&D is expensive, but damn they should at least have to show their work when they start charging that much for medication. Farking prove it!

They need to recoup those huge marketing costs.

[img.fark.net image 850x465][View Full Size image _x_]


Hey, look! An idiot that doesn't know how marketing works!

Prices aren't increased to pay for marketing, nor is R&D spending cut to pay for marketing.
 
2017-12-29 11:49:34 AM  

drumhellar: TedCruz'sCrazyDad: Mr. Breeze: Fark! I understand there is a need to recoup drug development costs, and that R&D is expensive, but damn they should at least have to show their work when they start charging that much for medication. Farking prove it!

They need to recoup those huge marketing costs.

[img.fark.net image 850x465][View Full Size image _x_]

Hey, look! An idiot that doesn't know how marketing works!

Prices aren't increased to pay for marketing, nor is R&D spending cut to pay for marketing.


Mony is fungible.
 
2017-12-29 02:19:33 PM  
It's a good thing Obamacare is in place, it's free for everyone and we'll never get treatments denied.
 
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