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Heck yeah gettin' payedd!Yeah, f those drug companies for developing life-saving medications and then wanting to get paid for doing it!
Boner pills!Heck yeah gettin' payedd!
I'm ex-pharma. Sure, I enjoyed the $800/night hotels, Michelin-starred restaurants, lavish corporate retreats... but guess who paid for all of that, as well as all of the other obscene spending I was party to?
Those days are long past, at least for my segment of the market. Even back in the day I never got to enjoy the stuff you're talking about. I must have been working for the wrong company!Heck yeah gettin' payedd!
I'm ex-pharma. Sure, I enjoyed the $800/night hotels, Michelin-starred restaurants, lavish corporate retreats... but guess who paid for all of that, as well as all of the other obscene spending I was party to?
They run well above profit margins of every other industry because of the schemes they run. Yes there are good medications which help people but they all run scams.Yeah, f those drug companies for developing life-saving medications and then wanting to get paid for doing it!
I say we boycott drugs. Everyone go off their meds for 6 months, send a message to those em-effers!
Sorry for cherrypicking, I just saw this and it's dinner time.They are literally not developing any more antibiotics because the profit margins are too small.
There is no way you will justify their profit margins to me. They dont need 18% profit margins to generate new products when the rest of industry manages 3 %. They dont need x10 the prices as every other country in the world. Our the meds here 10 times as good? F no.Sorry for cherrypicking, I just saw this and it's dinner time.
Of course they're not developing products they can't make money on.
You do understand business, right? Gotta turn a profit or the lights go out, right? Limited resources and such like, right? Publicly held companies kinda have a fiduciary duty to the shareholders but wait, let's spend a billion dollars (no joke) on a drug that won't make a sufficient return.
That's kinda how business works.
I'll respond to the rest tomorrow.
Drug development costs big dollars. And keep in mind the prices drug companies charge have to recover expenses not only for that drug, but for every drug that doesn't make it to market.There is no way you will justify their profit margins to me. They dont need 18% profit margins to generate new products when the rest of industry manages 3 %. They dont need x10 the prices as every other country in the world. Our the meds here 10 times as good? F no.
All the generics rolled into extended releases that do nothing else just generate a new patent? Combo pills that do nothing new. Are you a pharmacist? drug rep? WTF do we need an expensive extended release prednisone? Extended release xanax?
How about all the isomer patent BS? Nexium is the S isomer of prilosec so they get a new patent and charge x10 for the exact same molecule atom for atom?
Why does the price of stuff like prilosec drop like a rock when it goes over the counter and they actually have to compete for price? I'm looking up prices of brand prescription Prilosec right now and I see up to $4.45 a pill when the identical brand medication over the counter is $0.71 a pill. Is that because the brand prescription is 26 times as good as relieving heartburn and justifies the cost?
20 years of seeing my patients struggle with drug costs or go without and directly harmed as a result. So pharma charges way to much and then insurance wont cover. All so their execs can have private islands with underage slaves.
I should screw all this and start charging $1000 a visit. Who cares if patients cant afford it right? Screw them because greed is best. That's how business works right? people would sell their kids if it means paying me what every I want to save their life?
You are in sales, as your username suggests? Yeah then you would not have been exposed to what I was. We treated sales like dirt. I was in R+D. I will not go into some of the things I have experienced, but I will say that I never will work in pharma again.Those days are long past, at least for my segment of the market. Even back in the day I never got to enjoy the stuff you're talking about. I must have been working for the wrong company!
Yep, sales. Going on 25 years.You are in sales, as your username suggests? Yeah then you would not have been exposed to what I was. We treated sales like dirt. I was in R+D. I will not go into some of the things I have experienced, but I will say that I never will work in pharma again.