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Re: harry crumb post# 2903

Friday, 11/29/2019 12:00:43 AM

Friday, November 29, 2019 12:00:43 AM

Post# of 3196
Hi Harry, I was wondering if you could give me your thoughts regarding these issues?

I remember a few years ago when Hillary was running, she made one tweet about lowering drugs costs by going after big pharma and that sector took an immediate hit for a while.

I think everyone can agree that drugs prices are to high.

I think everyone can agree that we want to make big profits in pharma, though.

Now, Trump is talking about lowering prices.

Pharma has big ups and downs, based on the FDA and it costs a lot to bring a drug to market.

How will lowering the costs of drugs, screw over our profits? Especially, considering Trump/congress/whoever, still probably won't fix the entire problem of the high cost of bringing drugs to market.

I know we want a pharma profit here, but we also don't want high drug prices, if we or family or friends need meds.

Is the profit going to be taken out of pharma?

How can the high cost of bringing drugs to market still generate a profit for investors, when the drugs might be sold for less, that would mean a lower profit for all, right?
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