How corporations keeps meds sky high

'Gaming' of U.S. patent system is keeping drug prices sky high, report says
Drugmakers are able to extend the patents on their drugs, keeping generics off the market, through a process known as "evergreening."
Image: Pills in a production line
By making small tweaks to patents, drugmakers can extend their monopoly on certain medicines, keeping cheaper generics off the market


Sept. 15, 2022, 9:23 AM
By Berkeley Lovelace Jr.


Four pharmaceutical companies have filed hundreds of patents to keep their drugs out of the hands of generic competition and prolong their "unprecedented profits," according to a report published Thursday.

The excessive use of the patent system — by drugmakers Bristol-Myers Squibb, AbbVie, Regeneron and Bayer — keeps the prices of the medications at exorbitant levels, often at the expense of American consumers, according to the report from the Initiative for Medicines, Access & Knowledge, or I-MAK, a nonprofit organization that advocates drug patent reform.
 
The idiots are like trained fucking seals


Train to “oark oark oark” out the stupid phrase “too many regulations”



Corporate cheer leaders who have no idea what the NEW regulations are about
 
evince said:
https://www.nbcnews.com/health/heal...ng-drug-prices-sky-high-report-says-rcna47507



Deregulating corporations is utter stupidity


Upgrading regulations to fit the current tricks corporations play on regulations is what smart societies do





This is a perfect example why new regulations are constantly needed




Grow up cons
Click to expand...

I know you're too stupid to answer but I'll let you flounder

The article used the term "unprecedented profits". What constitutes an unprecedented profit? I notice lots of quotation marks around words and phrases with no real explanation of what any of them mean. As I said I know youre too stupid but maybe you could answer what the article never did.
 
The word unprecedented has a definition


If you don’t know what a word means


There are dictionaries you can look them up in



I’ll go get the definition so you can now know what that words means according to the dictionary
 
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Profits never before seen

They make tiny changes to the patented drug and reapply to get more years of preventing generic low cost versions of eating into their huge profits


Lives don’t matter to them


It’s evil you dumb fuck


They can still make money without harming actual humans with their duplicity


You stupid evil ass emission
 
It’s called GOUGING

We as a nation can stop this EVIL practice with updates to the current regulations



Republican IDIOTS pretend it means something BAD


It means we don’t allow them to cheat the current rules and actually fucking KILL people we can save with a rule updates



Republicans are the dumbest mother tuckers on the planet


EVIL AND STUPID


why you dick brains want to live your lives like that is beyond understanding
 
evince said:
'Gaming' of U.S. patent system is keeping drug prices sky high, report says
Drugmakers are able to extend the patents on their drugs, keeping generics off the market, through a process known as "evergreening."
Image: Pills in a production line
By making small tweaks to patents, drugmakers can extend their monopoly on certain medicines, keeping cheaper generics off the market


Sept. 15, 2022, 9:23 AM
By Berkeley Lovelace Jr.


Four pharmaceutical companies have filed hundreds of patents to keep their drugs out of the hands of generic competition and prolong their "unprecedented profits," according to a report published Thursday.

The excessive use of the patent system — by drugmakers Bristol-Myers Squibb, AbbVie, Regeneron and Bayer — keeps the prices of the medications at exorbitant levels, often at the expense of American consumers, according to the report from the Initiative for Medicines, Access & Knowledge, or I-MAK, a nonprofit organization that advocates drug patent reform.
Click to expand...

You seem to be wavering in your narrative. In one breath you attack conservatives for not being in favor of 'regulation', and in the next you complain about the use of the patent system (i.e. government involvement and interference in business). Make up your mind.

The patent system itself, IMO, needs to be done away with. Allow actual competition and not government favoritism to corporations (who have done much to help write said patent laws via their incestuous relationships with the government)
 
Gondwanaland said:
You seem to be wavering in your narrative. In one breath you attack conservatives for not being in favor of 'regulation', and in the next you complain about the use of the patent system (i.e. government involvement and interference in business). Make up your mind.

The patent system itself, IMO, needs to be done away with. Allow actual competition and not government favoritism to corporations (who have done much to help write said patent laws via their incestuous relationships with the government)
Click to expand...




Bullshit


I am clearly stating that REGULATIONS are GOOD things and need to be constantly updated to be fully effective



Deregulating things is what republicans do


They insist any new regulation is bad


Every fucking time


Read my posts again
 
evince said:
Bullshit


I am clearly stating that REGULATIONS are GOOD things and need to be constantly updated to be fully effective



Deregulating things is what republicans do


They insist any new regulation is bad


Every fucking time


Read my posts again
Click to expand...

Bur regulations, just like patent laws, are written by the corporations who have politicians in their pockets.

More government interference only makes things worse.
 
evince said:
Profits never before seen

They make tiny changes to the patented drug and reapply to get more years of preventing generic low cost versions of eating into their huge profits


Lives don’t matter to them


It’s evil you dumb fuck


They can still make money without harming actual humans with their duplicity


You stupid evil ass emission
Click to expand...


but they WERE before seen on the first generation.

and any subsequent change still had to be developed via R&D and put through the same FDA acceptance protocols required by regulation.

to effect the change you seem to want is to deregulate by waiving FDA approval practices for "tweaks". but what happens the first time one of those tweaks starts killing patients because it was never tested ?

Safe drugs mean tested drugs and testing costs money.

So do you want safe drugs or cheap ones ?
 
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