Friday, February 12, 2016

Capitalism: A Drug Story

This is the war on drugs that America really needs. Doctors are taking on Big Pharma charging more than $100,000 a year for cancer drugs:

Capitalism: A Drug Story


This is the war on drugs that America really needs. Doctors are taking on Big Pharma charging more than $100,000 a year for cancer drugs:

The doctors and researchers, who specialize in the potentially deadly blood cancer known as chronic myeloid leukemia, contend in a commentary published online by a medical journal Thursday that the prices of drugs used to treat that disease are astronomical, unsustainable and perhaps even immoral.

They suggested that charging high prices for a medicine needed to keep someone alive is profiteering, akin to jacking up the prices of essential goods after a natural disaster.

“Advocating for lower drug prices is a necessity to save the lives of patients” who cannot afford the medicines, they wrote in Blood, the journal of the American Society of Hematology.

I love that, "wrote in Blood." But seriously, this is an obscene example of the profit motive im medicine. I understand the drug companies' point that, obviously, they need to make substantially more than it costs to produce the medicine, to pay for the high costs of research. But the profits show they're making billions above and beyond their R&D cost. Plus, I think it's an insult to people's faith in humanity to think smart people would only research cancer drugs if they could become multi-millionaires. I don't believe in across-the-board socialism, but I do think there are a few elements of American society -- health care and higher education spring to mind -- where we're way out of step with other nations, cost-wise.

Or else some dude can get rich off your loved one's cancer tratments. As Scott Brown would say, bqhatevwr.

Have a great free-market weekend.

We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy: comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
comments powered by Disqus
About this blog
Will Bunch, a senior writer at the Philadelphia Daily News, blogs about his obsessions, including national and local politics and world affairs, the media, pop music, the Philadelphia Phillies, soccer and other sports, not necessarily in that order.


...but not with racial slurs, potentially libelous allegations, obscenities or other juvenile noise. Such comments will, at our discretion, be deleted in their entirety, and repeat offenders will be blocked from commenting. ALSO: Any commenter advocating killing any government official will be immediately banned.

Reach Will at

Will Bunch
Also on
letter icon Newsletter