[BIGDON]

Well you whiners about the big drug companies got your wish. Pfizer announced that they are shuting down their largest research and devlopment facilty in Ann Arbor, MI putting 2410 people on the street and they are cutting another 10,000 jobs by 2008. Cutting $2 billion dollars in expenses to stay in the black.

Where the next mircle drug for cancer, heart or any disease will come from is anybodys guess. I just hope a member of my family or your family doesn't die waiting for a new drug. Maybe Canada or Mexico will develope it.

Another great job by our Democrat Governor, it goes with the 218,000 manufacturing jobs lost since 2000. What is really funny it was the unemployed and the labor unions that put her back in office.

Enjoy your cheap drugs they may have cost you more than you think.

Don

 

[682LINY]

closing shop in New York too

 

[halfmile]

That's a very simplistic statement. they overcharged ferociously for years on patented drugs, and now that they are able to be made by others they take their ball and bat and go home. Laughing all the way to the bank, without a thought or care for the workers. sounds pretty chickenshit to me.

Why can't they make them at a profit without the exclusivity of a patent?

Don't expect me to sympathize with gougers whose prime responsibility is to stockholders and specialize in huge CEO awards.


HM

 

[Jim101]

Mash on the link for the complete story. Jim


By Lisa Richwine

WASHINGTON (Reuters) - A major U.S. AIDS treatment group plans to file a lawsuit on Monday that accuses drug giant Pfizer Inc. of illegally promoting recreational use of its blockbuster impotence pill Viagra.

The AIDS Healthcare Foundation (AHF) told Reuters it wants Pfizer to be barred from marketing Viagra as a lifestyle or sexual enhancement drug. The nonprofit organization said Pfizer's actions had led to risky behavior by men and an increase in HIV and other sexually transmitted diseases.

"Pfizer has created and contributed to the perception of Viagra as a safe, sexy, lifestyle, recreational drug, to be frequently used regardless of the degree, or even existence of" erectile dysfunction, the group said in draft legal documents.

 

[Bawana]

Halfmile thank you for your post. You hit the nail on the head.

The drug co care about one thing. MONEY. They do not care if they put out a drug that does not do as it should or that it kills people as long as they get their money. What was that pill that came out and then was pulled because it was giving people heart attacks? The Viagra pill is made for far less then $10.00 a pill. There are people with rare disease but there are so few of them the drug co will not make the drugs to help them. By that alone it shows who they care for, themselves. The reason they are closing factories is becasue they the people in charge do not want a smaller check so they lay off people and close doors. Its always the little guy who gets the shaft. They can sell the drugs for less but do not like the idea of their feeding troft to be half full. If the drugs can be sold in Canada and Mex for half the price of the USA why can't they be sold here for the same price? There are old people who are on a fixed income who at times have to decide on food or med's. They at times have to cut their pills in half to make them last and to eat. No person should have to do that in their golden years.

Hey Bigdon, what drug co stock do you have and how much do you have. You'll live. If you can't take it then I'm sure you can find a high enough window to use for a second or two. Just becarefull of the little people below please.

 

[Charles L. Schmidt]

<i>"The drug co care about one thing. MONEY."</i>

Correct me if I'm wrong, but isn't that the sole reason for going into business? A business does have an obligation to maintain a certain level of ethics, but money is what it's all about.

I understand that in times past some business men put the welfare of the community and its workers in front of profits. But sadly those days are long gone. The bottom line is all that matters anymore. cls

 

[Bawana]

Tron, if the doc would police themselves and get rid of the quacks that are doing more harm then good their insurance would be less. They have a code to does not let them hang another doc. There are doc who do not know or care on how they do things. They get in trouble in one state then before their lic is pulled they move to another state and open another office. They need to clean up their act.

 

[jevoliva]

Per Pfizer's 2005 financial report.

$51+ BILLION in revenues...
$7+ billion in R&D costs
$29+ billion in "other costs & expenses"

NET INCOME 2005 -- $8+ BILLION! Average over 2000-2005: $7.451 BILLION!

Maybe if the didn't spend $3.5 billion in advertising (yeah, that's right: 1/2 of the R&D budget), they could have saved the plants.

Please, cry me a river for these companies.

 

[Charles L. Schmidt]

<i>The high prices are a direct result of the proliferation of insurance "coverage." If all outpatient prescription drugs were being paid for out of pocket, prices would moderate substantially. There is not enough consumer resistance to prices when the cost is being shifted to the insured group.</i>

BigAl has hit the nail squarely on the head. There's NO competition... Who shops around for the best price on a prescription drug, or medical procedure? Nobody, that's who... We take whatever we get, we go where our doctor says. This, along with Joe's point about lawyers and law suits, is the reason healthcare in this country is out of control. cls

 

[Bocephas]

I went to the doctor yesterday for my once a year check up, blood test and yes bend over, dam I am glad he has small fingers.
To the point he gave me a hold bag full of AVODART six months worth.
Who in the heck paid for this.
The drug companys lobby the doctors.
They are handing out free drugs and still making pretty good money.
Look at the CEO's pay.Do I feel sorry for them not.
I do feel sorry for the people that are getting the pink slips.
There is an old saying the cream will always rise to the top.

Bo

 

[cdconley]

BigDon and Admiral Art,

It’s nice to see that some on this site are not financial morons. You guys are right on the money. Maybe the guys on this site can explain to the 12400+ employees that have and will lose their jobs that it’s because their employer made too much money. My question is, in a free market economy why is it that if one company is gouging the public with their product, why aren’t 100 other companies lined up to sell you a better product at a lower price and of course less profit. Or why is it that anyone that’s unhappy with this company just go out and buy from their competitor. Could it be that there are no other companies willing to gamble the billions of dollars needed to go through the process of bringing a drug to market? I sure hope the complainers don’t need the new drug that this company will never develop. And I sure don’t see anybody standing in line to take the same risk, at less profit of course.

 

[BeerKing]

1977 Nixon declared war on cancer, it was the #7 killer. Today cancer is the #2 killer, #1 is heart disease, #3 diabetes & #4 PROPERLY PRESCRIBED PRESCRIPTION DRUGS. Drug companies spend more on advertsing then they do research. Most of the time the patient walks into the office and says "Doc, I seen this advertised on TV and I think I need this." 120,000 people died last year from an allergic reaction to a properly prescribed prescription drug. A doctor is good in setting a broke arm but if you have a cholesterol problem and you go on Lipitor, yes your numbers will go down but did you cure the problem, no you covered the symptom. The next time your engine oil light comes on stop and put a piece of tape over the light, problem goes away? yeh right. Get off the Lipitor and do the high cholesterol numbers come back? God gave us a good working immune system, feed it right and see what happens. Today we do not get the right amounts of glyconutrients, vitamins, minerals and antioxiidants in our diet. Put them back and see what can happen.

ALL THAT MANKIND NEEDS FOR GOOD HEALTH IS PROVIDED IN NATURE...THE CHALLENGE TO SCIENCE IS TO FIND IT. Paracelsus, Father of Pharmacology.

 

[perazzitms]

I can't believe that some people are just NOW figuring out that nobody's out there to look after them.

Doctors don't want universal healthcare for "all the poor defenseless uninsured children out there" ---- they only want a cut of taxpayer money. "Uh, SIR, sounds like you have a headache; I'll order a CAT scan, urinalysis, stress test, EKG, test you for Ovarian cancer, and bill you for that stylish gown you're wearing. Cost? About $9000, but don't worry, the Gov't is paying for it".

 

[BIGDON]

I knew that the whiners and bitchers would have all the answers. Yea but you will be watching all the millionaires playing for your favorite team or acting in the dumbest of movies. They contribute nothing for the good of society but you pay to watch them and then you bitch about doctors and drugs.

Don

Unruly; You don't even deserve an acknowledgement.

 

[cdconley]

Beerking,

Nice post but extremely unrealistic. Personally I believe there is a distinct relationship between medical advancement, including drug advancements, and the FACT that humans are living much longer then they did 100 yrs ago when none of the “junk” was even around. I agree that eating poorly will lead to health problems, but eating healthily will by no means cure most heath problems. I have a friend (with 3 young sons) that lost his wife this year to ovarian cancer. She was into holistic medicine, and at one time owned a store that sold foods, vitamins, herbs and other health aids and remedies. I remember when they told me that she was going to cure herself with good food and vitamins, I thought what a mistake. I also remember the lost look on Joe’s face when he came in and told me that his wife had died. He told me that in the end she agreed to see a real doctor, only to have him tell her that she had waited too long. Although she did go through two months of treatment it did nothing. Fortunately, at the end she accepted drugs to ease her suffering.

 

[docrtaylor]

dardanelles said it best. I find that the insurance companies are paying a lot less then they did 5-6 years ago. And for you perazzitms the government funded insurances pay less then the private insurance companies. It simply does not matter how much the provider charges for services given the insurance companies will only pay what they want to.

 

[Jerbear]

For everyone information Costco is the cheapest place for drugs. You don't have to be a member there to get drugs. That's federal law. My mothers doctor told me about the difference in cost from the chain drug stores and Costco. They take most if not all insurance and have almost everything in stock.

See the above site for script prices and information.



Jerbear

 

[cdconley]

likes to shoot,

Let me try and answer for Don in two words. "Product Liability"

 

[Bawana]

Bigdon, did I hit a nerve?

 

[BeerKing]

cdconley, I never use the word cure, glyconutrients do not cure anything. I am simply saying given the the proper nutrients to the body quite possibly some of these illnesses just might not occurr. If there was no truth to this then why do people like Dr. Ben Carson, head neurosurgeon Jons Hopkins, seperated conjoined at the head siamese twins, elect to take glyconutrients when he got prostate cancer? Why did MIT say that this study would be one of the top 10 emerging studies for this decade. Why was the Univ. of Indiana granted 3.2 mil to study this further. Why is this generation of kids not expected to live as long as their parents? Why have there been 4 Nobel Peace Prizes awarded to this study? Why is teen depression, teen arthritis, ADD/ADHD, early puberty, autism on the rise. Think it has to do with exercise and nutrition. Why are the manufacturers of kids car seats making them bigger? Why are we the 37th out of 37 when it comes to countries with health care? We do not have health care we have sickness care. INSANITY: CONTINUING TO DO WHAT YOU HAVE ALWAYS DONE AND EXPECTING TO GET DIFFERENT RESULTS. (kind of like some trapshooters I know) I have been involved with a company in the study of glycobiology for about 7 years now. I have seen it give hope to some people who had given up. People with such things as auto immune diseases react very quickly and as long as I see people improve by taking glyconutrients I will continue to tell my story. Thank you