InvestorsHub Logo
Followers 34
Posts 2651
Boards Moderated 0
Alias Born 10/28/2013

Re: flipper44 post# 98831

Saturday, 01/28/2017 9:23:25 PM

Saturday, January 28, 2017 9:23:25 PM

Post# of 730682
Regarding drug pricing: I watched the video Flipper.

I would feel worse about the high cost of drugs, being a biotech investor, if it weren't for my casual research on which Big Pharma might be a buyer for X startup. Looking at the big dogs... they are all in debt. Maybe not literally all of them, but most of them have huge debts. Kind of scary, and a pretty solid counter to the notion that they are overcharging for their drugs.

The issue of different prices for different countries... that is a different issue. Overall, most big pharma companies are apparently not charging enough to cover costs. Disturbing notion as high as drug prices are.

In general, being a technical professional, I have always seen the marketing overhead as somewhat of a waste. Maybe something could be done there. Maybe not.

I have long felt that the federal government should be a competitor in R&D for drugs. That aspect of socialism I agree with.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News