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Comments:
<0> say, with New Orleans?
<1> my last doc paid over $100k a year for malpractice insurance
<1> and sure, this is a guy who probably makes 200-250k
<1> but still, thats quite a chunk of change
<0> DiscoTaco: how about the conversely the US helps supply Canada with drugs? (is it already doing this? I don't know)
<2> F: where do you suppose they're getting their drugs from now? Swaziland?
<3> _F... where do you think Canadian drugs are supplied from?
<1> the US *does* supply canada with drugs, indirectly
<4> o_0
<0> and are they at competative US or Canadian prices?
<1> drug prices are completely based on recouping development cost
<1> tthe US essentially subsidizes prices in CA and MX
<0> why CA?
<1> average drug development cost, even for some minor cold medicine, is something like 25 million
<2> occ: well, they are in the American market, which is about the only market left where they're able to do that. The rest of the world is basically volume sales to keep their production plants from sitting half-idle.
<1> because they cant make back the costs in canada
<3> The US and Canada get their drugs from the same places... but Canada controls prices and is such tiny market that as long as the costs are more than production/distribution the drug companies still make extra profit, AS LONG AS they still make up for R&D in the other markets, mainly the US.
<1> they can in the US, because of our insurance system
<2> Actually, the average drug development cost is in the hundreds of millions.
<3> If the drug companies charged Canada prices in all the other markets, they'd go out of business.
<1> could well be, if you count all the dead-ends, disco
<0> because nobody would buy it.
<2> occ: the dead-ends are a real and necessary cost of development.
<1> i dont disagree
<1> at all
<0> speaking of drugs, have any of you seen the movie The Constant Gardner?
<1> i just think its a ****ty situation that we have to subsidize the costs
<3> But Canada prices are for Canada... a small market... and the prices are high enough that the drug companies make some extra money off them since the prices cover more than the production/distribution costs, and R&D is covered by others.
<1> sure, its fine if you have group health insurance -- you pay $5 to $15 for a monthly scrip
<3> _F... yeah, pretty well sums up the potential for exploiting Africa right now.
<2> by "others" he means mostly "Americans"
<0> Glock21: R&D?
<1> those of us without group health insurance pay hundreds or thousands.
<0> Glock21: i know righT? damn.
<3> Research and development.
<0> Glock21: got it.
<1> i pay roughly $500 a month for prescriptions
<3> Canada prices don't really cover that... but the big markets have prices that do.
<3> If the big markets start paying Canada prices... no R&D money... company starts losing money and fast.
<2> well they can still make money by continuing to manufacture existing product.
<3> Canada prices just have to be high enough that they cover the costs of getting it to Canadians plus a little extra.
<2> But it WOULD be the death of further R&D
<4> Al-H***an said not all the identities of the 57 dead were known as many of them did not carry identification papers.
<0> why couldn't a company simply setup a partner company in Canada?
<4> what business ferry
<3> Big market prices have to cover all the R&D, marketing, distribution, production, etc.
<4> has employees that don't carry ID?
<0> so all the R&D happens in the US
<2> all the R&D already happens in the US
<2> (most of it anyway. Some also happens in Europe)
<3> _F... all the R&D is paid for by the big markets, including the US, through our higher drug prices.
<0> Glock21: yes I understand that.
<1> because the FDA is the most stringent drug approval group in the world
<1> basically
<3> Basically Canadian price controls set a standard that can't work in big markets.
<1> why do you think they didnt approve thalidomide?
<5> because it caused people to turn into witch's
<3> And if you allow Canada prices to compete in those big markets... the drug companies would get ****ed, and people who need their drugs will in turn get ****ed.
<4> However, terrorism was ruled out by a senior interior ministry official who spoke to The ***ociated Press on condition of anonymity because he is not authorized to speak to the media. "I rule it out 100 percent," said the official.
<3> Fortunately the feasibility of Canada being able to do that is nil given the supply/demand issues.
<4> yeah, your country also has an Information Minister
<3> The result would be that Canadian prices would have to go higher in order to sustain.
<2> If the price structure were the other way around -- cheap in the US, expensive in Canada, then cross-border sales would be more feasible.
<3> So basically when you push for big market access to the Canadian market, you are in reality just pushing to raise Canada's prices.
<3> Which is fine, as long as you realize that.
<4> Al-Katem, the coast guard chief, said there were 150 guests at a dinner party aboard Al-Dana. The guests, he said, ate their dinner while the boat was still docked and that up to 20 of them disembarked before it sailed.
<3> I personally don't mind.
<4> this is a coverup
<4> ...
<0> so, at the end of the day, is everything alright with the drug market?
<2> Glock21: more accurately, since drugs are price-controlled in Canada, would cause a m***ive shortage in Canada.
<3> I'd love to open it all up and stop Canadians from paying their fair share.
<3> _F... it's not perfect... but not horrible.
<0> Glock21: fair enough.
<5> modern healthcare prevents evolution
<4> He said the first word on the accident came from survivor Khalil Mirza, who alerted authorities from his mobile telephone saying the boat suddenly listed.
<4> One of only three Bahrainis invited to the dinner party, Mirza said the boat listed as it made a left turn soon after it left the harbor.
<4> WTF
<4> lol
<3> Still ****ing expensive as hell though... the bigger issue is probably helping people to get the drugs who can't afford them.
<0> tell them to go to Canada
<0> ?
<0> (or California)
<3> Not much you can realistically do to lower prices since it costs so much to actually get a drug out there.
<0> thats why i was mentioning a sister company
<2> what good does a sister company do?
<3> _F... moving into a smaller market with price controls could help, sure. But that doesn't help the US.
<0> DiscoTaco: i'm still thinking about it ;p
<3> In the US you'd have to look at ways of helping people who can't afford it to still get access.
<2> (BTW, most international corps already operate as a network of "sister companies" for tax, liability and jurisdictional purposes.)
<3> DiscoTaco... aye.
<3> Pretty much whatever country they add to their market they have at least an office that handles the details of being that company in that country.
<0> well of course.
<3> My Austrian Glock has its US affiliate in Georgia here in the US.
<3> But that really doesn't change anything in the price issues between the big/little market problem.
<3> PRIMARY MARKET A: Costs are R&D, marketing, manufacture and distribution = X. To make a profit you must charge enough for the drugs so that you make at least X+profit.
<3> SECONDARY MARKET B: Costs are manufacturing and distribution only = Y. To add to your primary market profits you must charge at least Y+profit. As you can see you will still make add to your profits as long as the primary market is already generating enough revenue to cover the other costs.
<3> IF A LOWERED ITS PRICE TO B: You would still have the total costs X+Y, but your revenue would be (Yp+C*Yp) where Yp is the prior revenue from market B and C is the logistical proportionality constant of the markets. To still have a profit (Yp+C*Yp) must be greater than X+Y. Plainly put the prices in market B would have to have been high enough to cover the total costs before
<3> Heh... guess I still have my drug alias from last year.
<6> hi my ****s
<6> hahaahahaha
<6> i love u my american ****s
<6> ufff
<3> now stfu
<6> im inhaling a **** now
<8> Ash1ee, you are devoiced (Requested by Glock21 )
<4> Glock21: will you look at something for me
<3> k, thx
<4> ?
<3> Sure sure
<3> Better not be pr0n though.
<4> it's not. I am seeing something fish with the Bahrain ferry incident. I'm not trying to cause a conspiracy tho
<4> here is the yahoo article
<4> http://news.yahoo.com/s/ap/20060331/ap_on_re_mi_ea/bahrain_ship
<4> here is the bloomberg
<4> http://www.bloomberg.com/apps/news?pid=10000100&sid=aBktXyRbzvFQ&refer=germany
<4> here is the jeurusalem post
<4> http://www.jpost.com/servlet/Satellite?cid=1143498774204&pagename=JPost%2FJPArticle%2FShowFull
<0> Publius: do you realize there is a news.google.com that searches thousands of similar news stories?
<4> absolutely
<4> why
<0> just curious. a link to a news.google.com search query may be better, insetad of 3 or 4 seperate links.
<4> I can be suspicious of the incident before the news reports a possible coverup or whatever
<4> because they have to be very accountable
<4> lol
<1> i dont believe in coverups
<3> Okay... so what are you considering to be fishy?
<9> fish are fishy
<4> Glock21: well, just a few things that stood out or rather the lack of them
<4> the name of the business that all the p***engers worked for
<1> "Evil, GMbh"
<4> Thirteen Britons, five Pakistanis, four South Africans, three Filipinos, two Singaporeans, one Irish and one German, were among those who died in the incident late yesterday, he said.
<4> but they said these people did not have ID's so they cuold not identify them
<1> what happened?
<4> I don't know
<3> It sounded like many people didn't have IDs, not that all of them didn't.
<4> but I believe it was made in reference towards the dead
<3> The manifest might have had more info, as well as the surviving p***engers.
<4> then why not report the business?
<4> what the business is
<3> I'm not seeing where it says they all worked for the same business.
<3> Maybe I missed it.
<1> no i mean like
<1> hehe
<1> im out of the loop
<1> baseline, what happened?
<1> airplane crash?
<4> Glock21: I'll quote it, one sec
<4> sorry, "company
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