When drug prices are too low, it can lead to supply shortages

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Low drug prices are discouraging pharmaceutical companies from manufacturing medication, even when it’s necessary to treat patients.

 

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The GREED and Predatory Emotional Extortion tactics is out of control.

Assholes

It’s disgusting. Healthcare for profit is something cnbc and Wall Street promotes. BigPharma is greedy and wallstreet is greedier! And cnbc makes its money from Wall Street.

outrageous, a crime against humanity

They just keep helping the argument for more Gov. Control.

Big Pharma it’s very best

Nothing like good ole CaPiTaLiSm?!?!

Its because they are greedy Arsehats

This is disgusting.

I guess price controls are the answer. 🤔

Pharmaceutical manufacturers are taking a page out of OPECs playbook. If the price gets low just kill supply for a while. If you think Pharma is in the health business, you are delusional.

That’s because they are GREEDY Jackasses!!!

This lunatic is the problem.... not drug companies:

Shocking. Politicians hate drug profits and pharm companies back away. Let’s see if our idiot government can develop drugs that work.

Is this surprising ? It’s what Warren wants...fewer blacks.

These crooks don’t even develop the drugs. They are financed by the public thru our universities . They need to be regulated like utilities. They spend 3X more on advertising of dangerous drugs to test on public.

What low drug prices? Aspirin?

Oh so there is a downside to drug pricing. That doesnt even touch on lower r&d if you cant make ur money back. Getting dumber every day

Oh they make plenty of profit. You have to consider the mix of pharmaceuticals they sell. This is a perfect example of why the medical industry fails as a capitalist institution. What this article is referring to is a shake down.

Propaganda.

INDICT them for murder

False shortage conveniently created by big pharma as their pricing is under scrutiny. Loosen regulations to allow smaller, more focussed pharma companies to compete and also encourage natural, CBD based alternatives. Big pharma owns too much of Congress to allow alternatives.

What a bunch of greedy crooks! I’ll tell you what doesn’t make “economic sense”, lobbying in the billions and controlling our political system to make it impossible for Americans to buy equivalent (and better!) drugs from Canada and Europe!!!! MostExpensiveHealthCareSystem

Where is Martin Shkreli when we need him?

FakeNews. Medically necessary or lifesaving drugs are always manufactured. Many times at a loss. I worked for a major pharma company for many years. We always did whatever was necessary to keep life saving drugs available. Even when it was not profitable. Fact.

Shocker. Pharma companies thinking about profits over people. Nationalize medical treatment and watch them go bankrupt.

boy we've really f'd this up. Drug prices are too low? in what world is that? Try getting some prescriptions filled. This is what happens with you have an entirely FOR PROFIT medical system. Single payer you FORCE them to make them or not make their other products available

What do you mean 'even when it's necessary to treat patients'? Isn't that the whole point of drugs?🤦‍♂️

Hm and socialism would help that? Socialized medicine even? Lmao thanks for acknowledging the conservative Argument.

Ummm, duh

You will make this drug in this amount charging this amount for it. slavery

Duh... now apply the same basic economic principles to all socialized healthcare plans... we’ll end up w less doctors, less development & inventions, and worse overall care

Gee. It's like people need a financial incentive to bring things to market. Who would have thought.

Money talks.

Yes, this is what we have been saying will happen on a much larger scale if price controls are implemented.

Narrator: It is NOT a 'market failure', it's a Government intervention failure.

Theralase Photodynamic Therapy is in Phase II clinical trial for BCG-Unresponsive Non-Muscle Invasive Bladder Cancer. We are the hope for patients in need.

Lol, someone failed economics. 'What causes a shortage, Alex?'

There is no incentive to produce low cost drug. Simple economics

Well that is truly shocking. Econ 101

Then pay them more. The drug companies have to pay their workers who have to feed their families.

Does this surprise anyone?....

Ez is mútatja hogy mennyíre embertelen társadalom az ahol ennyire a pénz körül forog az minden.

I thought this was suppose to be the greatest nation in the world

As a holistic certified nurse (FNP), I see that it is hard to have altruistic true care/caring in a system infused with corporate greed, profit, 14-minute time requirements to diagnose/treat patients and billing value units. Socialized systems aren't perfect either,though

all is in the commission n its percentage

Oh! Tht’s disgraceful?

This is a game that’s been played many times. These company’s would not exist if our military didn’t protect the right to be a company. Germany over ran us. Because there’s no money in being a soldier where would we be

Public Corps., Public Manufacturing; problem solved.

Globalist Left runs - just watch the funny HalftimeReport - they’ve been wrong about realDonaldTrump for 3 years.

This doesn't answer the question of why another company doesn't come in and manufacture the drug and charge a higher price. If it's such a good drug, people will pay the higher price when it's unavailable from Merck.

Your for-profit healthcare system at work.

This drug business is money oriented.. Just like the coffin maker complaining about the low market.

This sounds like a problem of the FDA being in big pharma's pocket.

Would help but, not going exert without benefit network expertisematter $8765.43 orginial formula not generic $8754.90 business token to credit cash accesses i,,own i,,create alwayschoice dose MeD penthouse truth sustain maintain treatment patient deserve based value society

CNBC pumps so much BS; I don’t know what to believe any longer.

Bastards

I guess ethical behavior is just another marketing ploy. New Pharma motto; “Your money or your life”!

We are so dependent on synthetics we lost self healing practice by natural organic food as a medication in history, Science and technology developed so much but the Health in people got low it's because of food style changed in timely Natural herbs in locality are extinct today

Yeah, right. That must be why the HC sector is one of the best performing of the year.

Greed

It’s usurious pricing, or nothing? If they can only make normal profits, they would prefer to make no profits?

This is Ridiculous

Lack of excess profit stops drug companies, medicine is a social good not WallStreet profiteering

So the problem is drug prices are (checks notes)....too low? Right, got ya. 🙄🙄🙄

he takes his effin cut no matter what

Easy fix, National health care issue. Strip patent and give tax credits.

Profits over people. Govt should shut down these greedy pharma's and start producing.

? WhiteHouse realDonaldTrump SpeakerPelosi

Disgusted that profits trump well-being...BernieSanders JoeBiden ewarren PeteButtigieg AndrewYang

This is why we need a single payer system funded by the government. Capitalism fails when personal health is more important than profit. jimcramer ewarren

This is an F you to the government from pharma

we buy all our drug’s on Black Friday because our neighbor said the price’s are much lower as they pack double in every pill as a thanksgiving offer

And politicians want to reign them in?

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