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Re: DewDiligence post# 176050

Thursday, 03/27/2014 1:56:09 PM

Thursday, March 27, 2014 1:56:09 PM

Post# of 251470
I've shared it with a few elected officials and bureaucrats, yes. No, it didn't go anywhere because nobody wants to tackle drug pricing.

And yes, in that original article from 4 years ago I mention that we'd have to exempt "non-poor" countries. We'd pick a basket (G7, for example) of countries and work off of that. Then weight even that by GDP or income or something.

It's unsustainable for the US to pay for R&D by itself (or largely by itself). Frankly, some administration should bring it up as a WTO issue. While the WTO rules are more suited to tariffs or unfair local subsidies, the rules should work in the reverse situation of a restriction requiring US companies to charge LESS.

I tried that angle in my discussions, too. That got a little more interest, but nobody wants to get anywhere close to touching drug pricing after the "death panel" nonsense.

Views are my own. May have a position in stocks I discuss. Not a solicitation to buy or an offer to sell. On Twitter @AlpineBV_Miller

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