6 Ekim 2012 Cumartesi

Lipitor - Life and Death

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Roger Chartier - 12/8/2011

Pfizor invented Lipitor and they have had the world by the throat price wise.

It may be the best anti-cholestrol - statin drug on the market for most people who can take it but the price was absurd and so many people on fixed incomes who were strongly advised to take it by their doctor with prescription  couldn't afford to pay over $120 a month for the drug.

Three years ago Lipitor, Pfizer’s #1 selling drug, raked in  for $12.4 billion in revenue that year alone. That is billion, not million.

Here's the rub for Pfizer, the 7 year patent ran out last week and the generic (identical ) versions are cheaper.

If you pay cash it is cheaper but if you have insurance and your co-pay was $20.00, it now may be as low as under $4.00

 So, how many people died because they couldn't afford their medication? I don't know but I am sure that it is a fact that someone had clogged arteries and died because they couldn't pay the exorbitant profit for the manufacturer.

I understand that the cost of research is high but there is a point where absolute corporate greed takes over.

The price fixers never look you in the eyes as you are dying in the hospital.
They have to look good in the eyes of share holders who don't care about anything but $$$$$$$$$$.

I am not a communist but it's hard to believe in capitalism when capitalism it bites you hard on the ass.

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