tuscl

OT: "Pharma Drug Pipeline Flows Again yet Costs Threaten Innovation "

Sunday, March 1, 2015 5:44 AM
Lots of amazing new drugs coming to market soon. The article mentions highly effective drugs for cancer, Hep-C, psoriasis, and cardiology as examples: [view link] This article should make it clear why Wall Street wanted ObamaCare, why it will never go away (even in the pipe dream that Republicans get elected) and why the only attempts to "destroy the middle class" are in the minds of political ideologues - it's a party line nothing more. Good stuff to spend money from the boom we are in. Also note this " Researchers at IMS Health, which tracks and sells prescription data, say about 30 to 35 drugs a year will come to market through 2018, vs. an average of 25 from 2000 to 2013." A good example of how the 2nd derivative of growth is positive and part of the reason I think those call the current economic conditions and market a bubble will soon find out that they were mistaken.

4 comments

  • Josh43
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    9 years ago
    Never mind frivolous cancer and cardiology drugs -- we should all be thankful to Big Pharma for erectile dysfunction drugs. For example, JS69 depends on Cialis once-a-day for the treatment of both BPH and erectile dysfunction so that he can keep "up" with his 19-year-old hottie. I'm reading here from the Democratic Party Talking Points and I'm obligated to tell you that 9/10 of the largest Pharma companies spend more on marketing than R&D. Many of those also have larger profit margins than R&D budgets. Apropos, here is an article about a lawsuit alleging that Novaris took doctors to Hooters: [view link] Seriously, I have enormous respect for pharma R&D scientists. Bloomberg article makes a point of stating that the FDA is seeing a much higher percentage of effective drugs. Who knows what these brilliant nerds will come up with in the future? Really exciting. Bloomberg:" In Europe, drug companies have long had to negotiate drug prices with governments. The U.K. has a state-run agency that advises its National Health Service on which treatments represent value for money." I wonder if the UK model ends up stifling innovation compared to the US? I really don't know the answer. Douglas wrote: "A good example of how the 2nd derivative of growth is positive…" If you continue to talk that way with strippers, you'll be celebrate for the rest of your sorry life. "Wall Street wanted ObamaCare.." More customers, more money, makes sense -- but, still, everyone knows that Obama is socialist tyrant. Interesting Bloomberg article.
  • Dougster
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    9 years ago
    This, IMO, will be the biggest challenge facing the world during the boom.
  • Josh43
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    9 years ago
    This article should make it clear why Wall Street wanted ObamaCare, why it will never go away (even in the pipe dream that Republicans get elected) ... ----------------------------------------------- Obamacare is going to the Supreme Cout again starting this week (King vs Burwell). It's over a glitch in the wording, and I'm pretty worried about the ruling.
  • Dougster
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    9 years ago
    Josh beat Bloomberg to it by a day: [view link]
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