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Re: Drug Pricing ArticleAn economics professor comparing cars with drugs shows his incompetence. How many new car producers see the light of the day each year? How helpful are new cars for the society? No question, Biogen's price increases can't be tolerated. But the US should be very careful not to destroy their leading position in Biotechnology. Costs of drugs are about 30% of the overall costs in the healthcare system. Very expensive drugs account for less than 1% of all costs. What about 100% taxes on fatty burgers Cigarettes or Schnapps? What about changing the lifestyle ? You can't win a campaign with such anti-American slogans. Print the number that fat Americans cost the society! Expensive drugs especially for rare diseases will look ridiculously cheap. But with a changed healthcare system those drugs would never see the light of the day. From an investors standpoint It doesn't care. You can go long or short or trade in any other sector. |
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Msg # | Subject | Author | Recs | Date Posted |
32376 | Re: Drug Pricing Article | eintracht67 | 0 | 10/11/2015 8:51:26 PM |