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  1. Embed this notice
    Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 03:33:18 JST Bread up, Bro Bread up, Bro
    People saying "price controls are good, AKTUALLY" might be the biggest mistake of this year.
    In conversation Tuesday, 20-Aug-2024 03:33:18 JST from poa.st permalink

    Attachments


    1. https://i.poastcdn.org/5b42dd191a7208d94587f0e15fa237ee9aa9b64d238ca4346f6f98ffc8fe8494.png
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 03:35:00 JST Bread up, Bro Bread up, Bro
      in reply to
      sure a drug might cost $5 to make, but how much did it cost to develop, how many other attempts did they try which died at the second round of FDA?
      In conversation Tuesday, 20-Aug-2024 03:35:00 JST permalink
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 03:37:30 JST Bread up, Bro Bread up, Bro
      in reply to
      • anime graf mays ?️?
      @graf I mean, that always works until it doesn't, until "well, the factory can't make the drug anymore because we can't repair the machines"

      Then the traditional solution is everyone shrugs and returns to suffering.
      In conversation Tuesday, 20-Aug-2024 03:37:30 JST permalink
    • Embed this notice
      anime graf mays ?️? (graf@poa.st)'s status on Tuesday, 20-Aug-2024 03:37:31 JST anime graf mays ?️? anime graf mays ?️?
      in reply to
      @sickburnbro they don't care nobody cares about any cost. you know how to make it, now you make it for 5$ and that's what I'm going to pay - t. libtard
      In conversation Tuesday, 20-Aug-2024 03:37:31 JST permalink
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 03:46:46 JST Bread up, Bro Bread up, Bro
      in reply to
      • anime graf mays ?️?
      • Trevor Goodchild:verified::pondering_orb:
      @TrevorGoodchild @graf I was thinking about the 4chan quote about how sherlock is so stupid because it's how stupid people write smart people - which is basically "it's magic", because the planning a smart person does to make things work does in fact look like magic tricks to them.

      I in fact have several examples from my life where people have gathered to watch the magic trick. One might find it funny, but in situations like this it is mostly depressing.
      In conversation Tuesday, 20-Aug-2024 03:46:46 JST permalink
    • Embed this notice
      Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Tuesday, 20-Aug-2024 03:46:47 JST Trevor Goodchild:verified::pondering_orb: Trevor Goodchild:verified::pondering_orb:
      in reply to
      • anime graf mays ?️?
      @sickburnbro @graf Fascinating how shocked midwits are when what was obviously inevitably going to happen, happens

      Welcome back, BTW
      In conversation Tuesday, 20-Aug-2024 03:46:47 JST permalink
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 04:04:57 JST Bread up, Bro Bread up, Bro
      in reply to
      • dubbub :windmill_of_friendship: ☦️
      @dubbub My guess is it actually costs $70 to make and they are requirerd to sell it at a loss in germany.

      The $5 probably "accidentally" doesn't include the cost of all the stuff in the factory.
      In conversation Tuesday, 20-Aug-2024 04:04:57 JST permalink
    • Embed this notice
      dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Tuesday, 20-Aug-2024 04:04:58 JST dubbub :windmill_of_friendship: ☦️ dubbub :windmill_of_friendship: ☦️
      in reply to
      @sickburnbro R&D so expensive you have to mark it up 20000%? Knowing how corrupt the US govt is it's nothing but monopolistic pricing.

      It's also the reason why it sells so cheap in the rest of the world, bc these countries would just say fuck off and make their own otherwise.
      In conversation Tuesday, 20-Aug-2024 04:04:58 JST permalink
    • Embed this notice
      dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Tuesday, 20-Aug-2024 04:17:47 JST dubbub :windmill_of_friendship: ☦️ dubbub :windmill_of_friendship: ☦️
      in reply to
      @sickburnbro Required by whom? They're a Danish/US company.
      In conversation Tuesday, 20-Aug-2024 04:17:47 JST permalink
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 04:17:47 JST Bread up, Bro Bread up, Bro
      in reply to
      • dubbub :windmill_of_friendship: ☦️
      @dubbub required by the german government, in order to access the market. They make expect to make the money up long term so the choose to accept it.
      In conversation Tuesday, 20-Aug-2024 04:17:47 JST permalink
    • Embed this notice
      Wolfgirl in Wheatfield (wgiwf@poa.st)'s status on Tuesday, 20-Aug-2024 04:33:31 JST Wolfgirl in Wheatfield Wolfgirl in Wheatfield
      in reply to
      • Paleface
      @Paleface @sickburnbro Simping for pharmaceuticals is not the right thing to do here. If anything they should be nationalized and all the executives publicly executed.
      In conversation Tuesday, 20-Aug-2024 04:33:31 JST permalink
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 04:33:31 JST Bread up, Bro Bread up, Bro
      in reply to
      • Wolfgirl in Wheatfield
      • Paleface
      @wgiwf @Paleface There is an immense amount wrong in how medicine is dealt with in the US. All price controls will do is make it so no more drugs are developed here. Which might be fine.

      But the ultimate problem is that medicine isn't a food. It's not a finite good, there is no limit to what you can spend.

      You can always add more scans, more diagnostics, try to catch things earlier, try to keep people alive longer.
      In conversation Tuesday, 20-Aug-2024 04:33:31 JST permalink
    • Embed this notice
      Paleface (paleface@nicecrew.digital)'s status on Tuesday, 20-Aug-2024 04:33:32 JST Paleface Paleface
      in reply to
      If there's one place where price controls are in order it's the pharmaceutical sector. Pfizer for example spends around 15% of their revenues on R&D (and 35% on sales, lol) while maintaining a profit margin that fluctuates around 20%, sometimes reaching as much as 40%.

      Also, screw them.
      In conversation Tuesday, 20-Aug-2024 04:33:32 JST permalink
    • Embed this notice
      EvilSandmich (evilsandmich@poa.st)'s status on Tuesday, 20-Aug-2024 04:38:17 JST EvilSandmich EvilSandmich
      in reply to
      • Paleface
      @Paleface @sickburnbro I think the one idea that's been batted around is that the price charged in the U.S. cannot be higher than say, Canada. The only reason BigPill folds so quickly to international pressure is that they know they can milk the U.S. system to make up the difference.
      In conversation Tuesday, 20-Aug-2024 04:38:17 JST permalink
      Bread up, Bro likes this.
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 04:51:02 JST Bread up, Bro Bread up, Bro
      in reply to
      • EvilSandmich
      • Paleface
      @Paleface @EvilSandmich also note that in the US pricing is perverse - often times the way insurance works is they will require a discount as a set percentage of the cost.

      Similar to this is suppliers to the federal government. The fed will require a base percent off for them to be a "GSA" and many places that have too low of a margin to be allowed just means that small third party sells will be GSA certified and drop ship from them.
      In conversation Tuesday, 20-Aug-2024 04:51:02 JST permalink
    • Embed this notice
      Paleface (paleface@nicecrew.digital)'s status on Tuesday, 20-Aug-2024 04:51:03 JST Paleface Paleface
      in reply to
      • EvilSandmich
      They cannot possibly milk Americans so much to make up for losses in the rest of the world and still have a profit margin of 20%. The prices elsewhere are fine, they just take advantage of the retardation of the US healthcare system.

      By the way, the only industries with a higher average net profit margin than pharmaceutical are banks (lol, who could have guessed?) and oil.
      In conversation Tuesday, 20-Aug-2024 04:51:03 JST permalink
    • Embed this notice
      EvilSandmich (evilsandmich@poa.st)'s status on Tuesday, 20-Aug-2024 04:51:22 JST EvilSandmich EvilSandmich
      in reply to
      • Paleface
      @Paleface @sickburnbro I've talked to people who work for BigMed and are BigMed cost apologists but when pressed with what might be wrong with the system they'll pause for a second in thought and say "BigPharma". These are people who find every excuse to defend the wretched U.S. system but they're unable to cook a defense for likes of Pfizer.
      In conversation Tuesday, 20-Aug-2024 04:51:22 JST permalink
      Bread up, Bro likes this.
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 04:52:23 JST Bread up, Bro Bread up, Bro
      in reply to
      • EvilSandmich
      • Paleface
      @EvilSandmich @Paleface The entire system is just an unworkable mess, there is no simple way and worse, no complex way to "solve" it that doesn't mean destroying millions of ridiculous jobs
      In conversation Tuesday, 20-Aug-2024 04:52:23 JST permalink
    • Embed this notice
      dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Tuesday, 20-Aug-2024 05:07:43 JST dubbub :windmill_of_friendship: ☦️ dubbub :windmill_of_friendship: ☦️
      in reply to
      • Dr_Edgar_Friendly_MD
      @Dr_Edgar_Friendly_MD @sickburnbro They're not selling to anyone at a loss. Novo Nordisk paid $4.1bil for its US plant but they're raking in $30bil PROFIT a year, mostly from the US. They're robbing the whole world blind, they're just robbing you blind the most (bc your govt. is least willing to stand up for your citizens).
      In conversation Tuesday, 20-Aug-2024 05:07:43 JST permalink
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 05:07:43 JST Bread up, Bro Bread up, Bro
      in reply to
      • dubbub :windmill_of_friendship: ☦️
      • Dr_Edgar_Friendly_MD
      @dubbub @Dr_Edgar_Friendly_MD en.wikipedia.org/wiki/Novo_Nordisk I'd suggest you take a look at this.

      The problems I've mentioned before is that the entire model of for profit drug development has a lot of issues.
      In conversation Tuesday, 20-Aug-2024 05:07:43 JST permalink

      Attachments

      1. Domain not in remote thumbnail source whitelist: upload.wikimedia.org
        Novo Nordisk
        Novo Nordisk A/S is a Danish multinational pharmaceutical company headquartered in Bagsværd with production facilities in nine countries and affiliates or offices in five countries. Novo Nordisk is controlled by majority shareholder Novo Holdings A/S which holds approximately 28% of its shares and a majority (77%) of its voting shares. Novo Nordisk manufactures and markets pharmaceutical products and services, specifically diabetes care medications and devices. Its main product is the drug semaglutide, used to treat diabetes under the brand names Ozempic and Rybelsus and obesity under the brand name Wegovy. Novo Nordisk is also involved with hemostasis management, growth hormone therapy, and hormone replacement therapy. The company makes several drugs under various brand names, including Levemir, Tresiba, NovoLog, Novolin R, NovoSeven, NovoEight, and Victoza. Novo Nordisk employs more than 48,000 people globally, and markets its products in 168 countries. The corporation was created in 1989, through a merger of two Danish companies, which date back to the 1920s. The Novo Nordisk logo is the Apis bull, one of the sacred animals...
    • Embed this notice
      Dr_Edgar_Friendly_MD (dr_edgar_friendly_md@poa.st)'s status on Tuesday, 20-Aug-2024 05:07:44 JST Dr_Edgar_Friendly_MD Dr_Edgar_Friendly_MD
      in reply to
      • dubbub :windmill_of_friendship: ☦️
      @sickburnbro @dubbub There are tons of these countries with pharmaceutical price controls, which they can have because we here in the US pay more, effectively subsidizing them. If we enacted price controls too, the availability of the drugs would plummet because that entire 20% margin is made off of the US market, without profiting off of us, they can't afford to sell to the others at a loss.
      In conversation Tuesday, 20-Aug-2024 05:07:44 JST permalink
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 05:20:19 JST Bread up, Bro Bread up, Bro
      in reply to
      • EvilSandmich
      • Paleface
      @EvilSandmich @Paleface in the US at least they put a huge leash on that in the last 10 years. It is VERY hard to do sales now. In the past though, yeah they'd be giving top sellers like all expense paid european vacations and shit
      In conversation Tuesday, 20-Aug-2024 05:20:19 JST permalink
    • Embed this notice
      EvilSandmich (evilsandmich@poa.st)'s status on Tuesday, 20-Aug-2024 05:20:20 JST EvilSandmich EvilSandmich
      in reply to
      • Paleface
      @Paleface @sickburnbro Same, like I heard for every $5 that goes to R&D $50 goes to a young woman in a tight outfit to buy lunch at doctor's offices.
      In conversation Tuesday, 20-Aug-2024 05:20:20 JST permalink
    • Embed this notice
      Paleface (paleface@nicecrew.digital)'s status on Tuesday, 20-Aug-2024 05:20:21 JST Paleface Paleface
      in reply to
      • EvilSandmich
      I just lol at the R&D argument because even from their own numbers it's obvious that it's not close to their main concern. I've also know a guy who was one of their top salesmen in Brazil and heard the stories first-hand. Whew.
      In conversation Tuesday, 20-Aug-2024 05:20:21 JST permalink
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 05:21:12 JST Bread up, Bro Bread up, Bro
      in reply to
      • EvilSandmich
      • Paleface
      @EvilSandmich @Paleface Now you have to write up a form if you give them a nice pen and some stickynotes.
      In conversation Tuesday, 20-Aug-2024 05:21:12 JST permalink
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 05:22:52 JST Bread up, Bro Bread up, Bro
      in reply to
      • BroDrillard
      @BroDrillard the reason it shouldn't be the same cost is because if your factory is in america and you say want people in poor countries to use it, they literally wouldn't be able to afford it in many cases.

      Now, this isn't what is happening. But in theory most people are ok with the idea of paying more so the 3rd world can get medicines.
      In conversation Tuesday, 20-Aug-2024 05:22:52 JST permalink
    • Embed this notice
      BroDrillard (brodrillard@nicecrew.digital)'s status on Tuesday, 20-Aug-2024 05:22:53 JST BroDrillard BroDrillard
      in reply to
      The point of this is not price controls. It's that ameriburgers pay ~10x for the same medication. Why shouldn't it be the same price everywhere. (note, I'm not saying it should be $5, but same)
      In conversation Tuesday, 20-Aug-2024 05:22:53 JST permalink
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 05:34:32 JST Bread up, Bro Bread up, Bro
      in reply to
      • dubbub :windmill_of_friendship: ☦️
      • Dr_Edgar_Friendly_MD
      @dubbub @Dr_Edgar_Friendly_MD right, so but what does "$12/$30 bil raw profit" MEAN?
      In conversation Tuesday, 20-Aug-2024 05:34:32 JST permalink
    • Embed this notice
      dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Tuesday, 20-Aug-2024 05:34:33 JST dubbub :windmill_of_friendship: ☦️ dubbub :windmill_of_friendship: ☦️
      in reply to
      • Dr_Edgar_Friendly_MD
      @sickburnbro @Dr_Edgar_Friendly_MD Wdym, the figures? This is what my search said, and whether they have $12bil or $30bil raw net profit each year is tomayto tomahto. And that btw includes capital consumption for the machines. THEY certainly don't see any issues with drug development for profit.

      It's like with the shavings, I don't see why you have this reflex to defend Judeo-Masonic owned companies that hate you and want you dead. When your neighborhood is overrun by brownoids they will retreat to their gated communities or Dubai with their $12-$30bil p.a. and leave you in the lurch.
      In conversation Tuesday, 20-Aug-2024 05:34:33 JST permalink

      Attachments


      1. https://i.poastcdn.org/fd61b72b108e08f550f2c98d02b0ec3d7d96fa13b3d1543125adb62a5d7eebc6.png
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 05:41:25 JST Bread up, Bro Bread up, Bro
      in reply to
      • dubbub :windmill_of_friendship: ☦️
      • Dr_Edgar_Friendly_MD
      @dubbub @Dr_Edgar_Friendly_MD so where does the money for investing to make the new drug that you have no idea what will actually work come from
      In conversation Tuesday, 20-Aug-2024 05:41:25 JST permalink
    • Embed this notice
      dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Tuesday, 20-Aug-2024 05:41:26 JST dubbub :windmill_of_friendship: ☦️ dubbub :windmill_of_friendship: ☦️
      in reply to
      • Dr_Edgar_Friendly_MD
      @sickburnbro @Dr_Edgar_Friendly_MD It means a buncha kikes and kike-adjacents get to stuff 12-30bil into their pockets, and some middle class goy who invested in stocks (and who will bear the brunt of the next crash) makes a buck or two.
      In conversation Tuesday, 20-Aug-2024 05:41:26 JST permalink
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 20-Aug-2024 05:50:52 JST Bread up, Bro Bread up, Bro
      in reply to
      • dubbub :windmill_of_friendship: ☦️
      • Dr_Edgar_Friendly_MD
      @dubbub @Dr_Edgar_Friendly_MD that depends. gross profits usually don't include R&D costs.
      In conversation Tuesday, 20-Aug-2024 05:50:52 JST permalink
    • Embed this notice
      dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Tuesday, 20-Aug-2024 05:50:53 JST dubbub :windmill_of_friendship: ☦️ dubbub :windmill_of_friendship: ☦️
      in reply to
      • Dr_Edgar_Friendly_MD
      @sickburnbro @Dr_Edgar_Friendly_MD It would already be included in company expenditures, if not it's a fraction of the profits. But why would I care anyway, I don't need any new drugs. The kikes only create new drugs for the diseases they themselves manufacture.
      In conversation Tuesday, 20-Aug-2024 05:50:53 JST permalink

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