President Donald Trump - J.D. Vance Administration

[utvolpj]

Agreed but it’s so much larger than that.

It’s absolutely ridiculous what big pharmaceutical companies do. They’re the number one industry spending on advertising…..for things that require a Dr to prescribe. Not sure how we would address that legally either.

The health problems in the United States has a lot more to do with food than it does pharmaceutical…but that’s a whole other rabbit hole.

Agreed the food ind makes us sick as well. What's the common denominator? The usa federal gov't and here we are getting so much more of it from the current admin. Thought everyone promised they'd be different

 

[Velo Vol]

Agreed but it’s so much larger than that.

It’s absolutely ridiculous what big pharmaceutical companies do. They’re the number one industry spending on advertising…..for things that require a Dr to prescribe. Not sure how we would address that legally either.

If we're heading more toward government control, the first steps I would take would be to cap advertising spending (rather than prices) and consider shortening patent life.

 

[BigOrangeMojo]

Solar industry would cease to exist without subsidies. Personally I’d see that as a good thing in the residential market.

Look at history of the price of panels and the credit

As the tax credit goes down, the price goes down

As the tax credit goes up, the price goes up...

 

[utvolpj]

watching liberals here hate price controls is Mastercard worthy.

Even better to watch the self proclaimed conservatives cheer price controls and central planning

 

[jmacvols1]

The prices for drugs we don't need would go sky high? Oh no! Maybe they can use some of that advertising budget to get by

in another post you said......"They need to be shut down"

what happens if they get all shut down?

 

[Orangeslice13]

If we're heading more toward government control, the first steps I would take would be to cap advertising spending (rather than prices) and consider shortening patent life.

Very much like cigarettes…..who can’t legally advertise…..something that requires a Dr to prescribe, should not be marketed.

Just saying

 

[Orangeburst]

Gotta have your papers in Nazi Germany

View attachment 741424

Geez, were we Nazi Germany in 1940 when this requirement was enacted?
They know the requirement and if they dont like it, Dont Come or Leave.

 

[utvolpj]

in another post you said......"They need to be shut down"

what happens if they get all shut down?

Big pharma could be massively cut down without hurting the us pop. We'll, they'd need to actually care about their health but it could be done

 

[n_huffhines]

He's kicking out voters?

Venezuelan-American voters are mad that he is ending the legal status of non-voting Venezuelan Americans. The dip$h!ts bought the line that he was against illegal immigration, not legal immigration.

 

[Orangeslice13]

If we're heading more toward government control, the first steps I would take would be to cap advertising spending (rather than prices) and consider shortening patent life.

As far as pattens are concerned……Generic drugs are not saving the money they should. Walgreens was caught recently selling a generic for Zoloft 9$ a month cheaper than the name brand. Their cost on the drugs……..the generic is 85$ cheaper per month.

If we want to make a dent, we put a maximum on the mark up for generic drugs

 

[jmacvols1]

No they wouldnt. Let the market decide. No subsidies, no govt price controls

Its why solar prices have never come down. We keep subsidizing it...

I don't know.

Pharmas must spend billions on research, they would have to charge a lot to cover costs or they cut back on research and new medicines will not be discovered.

Food and medication are two necessary things that prices need to be kept low as possible.

I am not a big gov't person but the gov't should be involved in just a few things as a military to protect the nation, have court system so people can dispute their complaints, build roads, bridges, prison, etc and keep food and medication prices low.

 

[Orangeslice13]

Big pharma could be massively cut down without hurting the us pop. We'll, they'd need to actually care about their health but it could be done

I said this elsewhere on VN a couple days ago, but it’s ridiculous the difference in my shopping cart at the grocery store vs everyone else’s.

 

[BigOrangeMojo]

As far as pattens are concerned……Generic drugs are not saving the money they should. Walgreens was caught recently selling a generic for Zoloft 9$ a month cheaper than the name brand. Their cost on the drugs……..the generic is 85$ cheaper per month.

If we want to make a dent, we put a maximum on the mark up for generic drugs

Let the market decide. If there's enough of a market, price will go down naturally as generics are rolled out...

 

[jmacvols1]

Big pharma could be massively cut down without hurting the us pop. We'll, they'd need to actually care about their health but it could be done

I'm not familiar with pharma business, so I assume they have big r&d cost even bigger cost without subsidies. They have to have prices to cover cost and r&d. if they do not make enough profit there may be a great slowdown in new R&D for new drugs,

 

[BigOrangeMojo]

I don't know.

Pharmas must spend billions on research, they would have to charge a lot to cover costs or they cut back on research and new medicines will not be discovered.

Food and medication are two necessary things that prices need to be kept low as possible.

I am not a big gov't person but the gov't should be involved in just a few things as a military to protect the nation, have court system so people can dispute their complaints, build roads, bridges, prison, etc and keep food and medication prices low.

Im not sure food and medicine prices should fall under fed govt proirities.

Let pharma expense their R&D when incurred. Really bad tax code section that Trump signed (174D) forces pharma companies to wait up to 15 yrs to deduct R&D expenses. The definition of "R&D" is really broad too...

 

[Velo Vol]

Very much like cigarettes…..who can’t legally advertise…..something that requires a Dr to prescribe, should not be marketed.

Just saying

I wonder if there's been a single instance of a doctor actually being "helped" by a patient asking about a drug $$$$ that he or she saw on TV in the last 10 years?

 

[BernardKingGOAT]

Let the market decide. If there's enough of a market, price will go down naturally as generics are rolled out...

With some extraordinary creativity and money, someone or some entity can create a market. It's happened, but rarely across time. The market itself creates the most opportunity for the most prudent and productive investors

 

[jmacvols1]

Let the market decide. If there's enough of a market, price will go down naturally as generics are rolled out...

how soon before generics are rolled out? pharamas have to cover their costs first

 

[BigOrangeMojo]

With some extraordinary creativity and money, someone or some entity can create a market. It's happened, but rarely across time. The market itself creates the most opportunity for the most prudent and productive investors

Ive got bad allergies. Generic versions of Zyrtec, etc pushed all allergy meds down...

 

[Orangeburst]

if pharma would cut back their commercials, they would save a fortune
dreadful

 

[Orangeslice13]

Let the market decide. If there's enough of a market, price will go down naturally as generics are rolled out...

Except that the pharmacy’s are all corporate controlled and they have decided to collaborate on pricing.

Why do you think 30 years ago the pharmacy looked like a mom and pop business and now they all look like the holy temple in Jerusalem.

They’re making a killing on generics.
I learned so things as the redhead went through treatment. And it’s ugly.

I’ll give you an example.
The redhead had to take a prescription vitamin for iron deficiency called Hemocyte Plus. There is a generic version. The name brand is 65$ a month. The Generic is 59$.
If I pay cash (which is a whole different fight with the pharmacist) the name brand is 45$ and the generic is 6$.

So if cash price was the supply cost. They make 20$ on name brand and 53$ on generic. And that’s a glorified vitamin.

 

[jmacvols1]

Im not sure food and medicine prices should fall under fed govt proirities.

Let pharma expense their R&D when incurred. Really bad tax code section that Trump signed (174D) forces pharma companies to wait up to 15 yrs to deduct R&D expenses. The definition of "R&D" is really broad too...

food is a major priority for a country and a necessity of necessites. If you want to destroy a country destroy it's food supply. food has to be protected at all costs and kept cheap for the masses unless you want a starving third world country.

 

[Orangeslice13]

I wonder if there's been a single instance of a doctor actually being "helped" by a patient asking about a drug $$$$ that he or she saw on TV in the last 10 years?

My fishing buddy is a Dr.
his big gripe is patience wanting “the purple pill”. They have no idea what it treats but they come in looking for it.

 

[BernardKingGOAT]

how soon before generics are rolled out? pharamas have to cover their costs first

What? It will happen. At least for the last 4 or 5 decades, adequate generics have been effectively marketed to patients

 

[Orangeslice13]

Ive got bad allergies. Generic versions of Zyrtec, etc pushed all allergy meds down...

Lol