Why Doesn’t Capitalism Work in US Pharmaceutical Industry?
Question by Pluto C. Rat: Why doesn’t capitalism work in US pharmaceutical industry?
“Fear in US as drug shortages mount”
“Shortages of vital drugs, particularly cancer-fighting medication, have raised concerns in the United States, where regulators often have to race to try to find replacements.
“A recent report by the Food and Drug Administration (FDA) found that the number of important treatments that are difficult or impossible to find nearly tripled from 61 to 178 between 2005 and 2010.
“Most of the rare medications are for hospital use, including sterile injections, intravenous treatments, anesthetics and antibiotics. The products include both name-brand and generic drugs.
“FDA hears from patients and also from healthcare professionals and organizations about the terrible impact the shortages have had,” spokeswoman Shelly Burgess said.
“We really need to take a very careful look at what is going on. I have never seen anything like this and I have been a pharmacist for over 40 years,” says Mike Cohen, a pharmacist at the non-profit Safe Medical Practices.
“Reilly fears the shortages will worsen as the pharmaceutical industry continues to consolidate, and as more companies stop producing generic drugs because they are LESS PROFITABLE.”
http://news.yahoo.com/fear-us-drug-shortages-mount-172425843.html
Best answer:
Answer by GO TO H*LL!
actually it does.
when walmart started its pharmacy departments walgreens, and rite aids dropped their prices to compete.
if fact you can go into walmart, and fill most 3 month prescriptions for only 12 bucks.
“A recent report by the Food and Drug Administration (FDA) found that the number of important treatments that are difficult or impossible to find nearly tripled from 61 to 178 between 2005 and 2010.”
didn’t obamacare get passed between 2005, and 2010?
What do you think? Answer below!
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