9 posts tagged with healthcare and Drugs.
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See a need, fill a need

In the wake of Turing/Martin Shkreli's 5000x price hike of Daraprim, reaction sets in regarding the need for reasonable prices on FDA-generic drugs. [more inside]
posted by bookdragoness on Oct 22, 2015 - 24 comments

A new pharmaceutical business model

Martin Shkreli was a hedge fund manager who started out short-selling biotech stocks before founding Retrophin, a company with a new goal: "acquiring the rights to obsolete remedies Shkreli says can be put to new and lucrative purposes". In 2014, Retrophin hiked the price of Thiola, a drug to treat rare kidney disease, from $1.50 a pill to $15. Shkreli was ousted from Retrophin and later sued for $65 million, but returned to form Turing Pharmaceuticals, whose aim is to "buy forgotten and orphaned assets from Big Pharma—any drug that’s had weak supply or weak support." They bought the rights to market Daraprim, an obscure drug used to treat parasitic infections, and raised the price from $13.50 to $750 per pill. In response to the price rises for Daraprim, and for other vital drugs, Hillary Clinton has unveiled plans to tackle prescription drug pricing, while Bernie Sanders introduced a bill in September that would also allow Medicare to negotiate drug prices. Pharma industry blogger Derek Lowe (previously) also has some ideas about what to do about Turing. Meanwhile, Shkreli has defended his price hike and says that anyone who cannot afford the drug will not be forced to pay. [more inside]
posted by penguinliz on Sep 22, 2015 - 190 comments

We are powerless buyers in a sellers’ market

Bitter Pill: Why Medical Bills Are Killing Us. Summary: Inside the Cover Story. Related video: The Exorbitant Prices of Health Care [more inside]
posted by zarq on Feb 21, 2013 - 85 comments

Progress Stalled

In the summer of 2007 on the campaign trail Barack Obama took a clear stance on the controversial subject of medical marijuana. “I would not have the Justice Department prosecuting and raiding medical marijuana users. It’s not a good use of our resources.” As President in 2009 he took action to follow through on this promise by instructing federal prosecutors to “not focus federal resources in [their] States on individuals whose actions are in clear and unambiguous compliance with existing state laws providing for the medical use of marijuana.” The memo cited the “efficient and rational use” of the U.S. Department of Justice’s “limited investigative and prosecutorial resources,” as a motivating factor in the decision." In the winter of 2012 Rolling Stone magazine takes a look back on this subject and the record is surprising. "With more than 100 raids on pot dispensaries during his first three years, Obama is now on pace to exceed Bush's record for medical-marijuana busts. "There's no question that Obama's the worst president on medical marijuana," says Rob Kampia, executive director of the Marijuana Policy Project. "He's gone from first to worst." [more inside]
posted by furiousxgeorge on Feb 19, 2012 - 128 comments

Premature birth-preventing drug faces cost spike

Progesterone caproate injections have been used to reduce the likelihood of premature births in at-risk pregnant women for years. Up until now, the drug was custom-compounded by wholesale and specialist pharmacies, legally, but without federal approval. These injections cost between $5 and $15 a dose and were regularly reimbursed by insurance companies and Medicaid. Last month, the FDA announced their approval of a commercially produced version of the compound, to be marketed under the brand name Makena by a company called KV Pharmaceuticals. No stranger to controversy and trouble, KV barely survived a rash round of layoffs and wrongful termination lawsuits. Their former chief executive now faces criminal charges surrounding the company's failure to notify the FDA that they were producing oversized morphine tablets. (He could also do for a shave, it appears.) Now, KV has announced that the new drug will be available at a cost of $1,500 per dose, bringing the total pregnancy term cost of treatment to $25,000-$30,000, from its former cost of $250-$300, a 100-fold increase—but it gets worse... [more inside]
posted by disillusioned on Mar 9, 2011 - 63 comments

Single Link Wire-Filter

You’re going to hire people to guard your sh*t, but you’re not going to give them health care. Vice has a long spoiler- and profanity-laden interview with The Wire creator David Simon, running the gamut from backstage Wire details to the media's obsession with "the Dickensian aspect" to his next series (set in New Orleans) to Joe Lieberman to this fight he almost got in at a concert one time. Via /Film.
posted by gerryblog on Dec 17, 2009 - 41 comments


Cheap, safe drug kills most cancers. That's the good news. The bad news is that because there's no patent and it's so cheap to make, researchers may not be able to get funding from the private sector for further research since the treatment wouldn't make a profit. [Via Hullabaloo.]
posted by homunculus on Jan 18, 2007 - 122 comments

How to think about prescription drugs.

How to think about prescription drugs. Malcolm Gladwell's latest piece in The New Yorker
The emphasis of the prescription-drug debate is all wrong. We've been focussed on the drug manufacturers. But decisions about prevalence, therapeutic mix, and intensity aren't made by the producers of drugs. They’re made by the consumers of drugs.

posted by trharlan on Oct 31, 2004 - 20 comments

tell me about your drugs

New York retail prescription drug prices. New York [USA] has a state law requiring pharmacies to keep and provide a Drug Retail Price List for the 150 most commonly prescribed drugs. The NY State Attorney General's Office collects that information monthly and makes it searchable by zipcode, city or county. The stark comparisons show that even within one region, retail drug prices can vary by as much as $120, or 50%. With five million New Yorkers uninsured and having to buy their medications at retail prices, this is a handy new tool.
posted by jessamyn on Aug 18, 2004 - 6 comments

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