Sunday, November 4, 2012
Money for Nothing
MS drug 'rebranded' – at up to 20 times the price
This reminds me of why I hate pharmas- The CFO of my company came and gave a budget talk. He said we were dumping millions of dollars every year into finding a treatment for Septicemia- a deadly infection you usually get in a hospital- because if we did find one- "We will be able to charge anything we want for it". He actually said that out loud in front of a lot of people. He suggested TWENTY THOUSAND dollars per dose. To survive an infection the doctor gave you...
Your money or your life. That's their business model.
(for the record, I ran to the bathroom and cried and vomited. And promptly went on a three week sabbatical. And then I gave my notice.)
A pharmaceutical company stands accused of putting profit before patients after withdrawing a drug used in the treatment of a chronic debilitating disease – ahead of relaunching it at a price predicted to be up to 20 times higher.That's some pretty expensive lipstick on that old pig.
This reminds me of why I hate pharmas- The CFO of my company came and gave a budget talk. He said we were dumping millions of dollars every year into finding a treatment for Septicemia- a deadly infection you usually get in a hospital- because if we did find one- "We will be able to charge anything we want for it". He actually said that out loud in front of a lot of people. He suggested TWENTY THOUSAND dollars per dose. To survive an infection the doctor gave you...
Your money or your life. That's their business model.
(for the record, I ran to the bathroom and cried and vomited. And promptly went on a three week sabbatical. And then I gave my notice.)