Hep C Discussion Forum

Members Login
Username 
 
Password 
    Remember Me  
Chatbox
Please log in to join the chat!
Hep C Discussion Forum -> New Members Area -> Forbes article regarding 60 minutes last night on high cancer drug costs
Post Info TOPIC: Forbes article regarding 60 minutes last night on high cancer drug costs
Tig


Admin

Status: Offline
Posts: 9279
Date:
RE: Forbes article regarding 60 minutes last night on high cancer drug costs
Permalink  
 

Isiscat2011 wrote:
Gator Man wrote:

The discussion is equally valid for new hepatitis c drug costs. A good article that examines the paradox we now have with pharmaceutical companies and their justification for super expensive drugs. The costs may be fair given the results, but does it matter if the price structure puts them out of reach?

Exactly.  This is the time for Pharma to self-regulate by establishing reasonable costs.  They can be reasonable and still make plenty of dough.  If they don't self-regulate it will be done for them.  

 We'll have to wait and see what happens in the near future hopefully. I wish our individual complaints were more effective, if they were, this forum would glow. But we can keep trying though! Be sure and take the time to contact the congressional officials in your state or the government officials in your country/location. Here in the US, you can find the contact information for your elected officials here:  http://www.contactingthecongress.org/

Tig



__________________

Tig

67yo GT1A - 5 Mil - A2/F3 - (1996) Intron A - Non Responder, (2013) Peg/Riba/Vic SOT:05/23/13 EOT:12/04/13 SVR 9+ years!

Hep C FAQ   Lab Ref. Ranges  HCV Resistance

Signature Line Set Up/Abbreviations   Payment Assistance

 
Isiscat2011


Guru

Status: Offline
Posts: 1724
Date:
Permalink  
 

Gator Man wrote:

The discussion is equally valid for new hepatitis c drug costs. A good article that examines the paradox we now have with pharmaceutical companies and their justification for super expensive drugs. The costs may be fair given the results, but does it matter if the price structure puts them out of reach?

Exactly.  This is the time for Pharma to self-regulate by establishing reasonable costs.  They can be reasonable and still make plenty of dough.  If they don't self-regulate it will be done for them.  



__________________

Diagnosed in 2011, Incivek triple in 2011, tx discontinued, Genotype 1a, CT, VL 7mill, cirrhosis dx in 2012, age 67, waiting for new DAAs.
pl1952


Senior Member

Status: Offline
Posts: 236
Date:
Permalink  
 

Gator Man, that was an excellent piece on 60 Minutes last nite!  Here's the link for 60 minutes:

http://www.cbsnews.com/news/the-cost-of-cancer-drugs/



__________________

Me: 62 yr. old female, GT 1b, fibroscan 4.5; VL 650,975 as of 2/4/14;started Harvoni 3/6/15; SVR


Hubby: 59 yrs.; GT1b; fibroscan 25-cirrhotic; S/O for 12 weeks started tx 3/20/14; SVR56; fibroscan done 7-7-15 = 8.5
Gator Man


Senior Member

Status: Offline
Posts: 442
Date:
Permalink  
 

"The examples used in Stahls story tonight were a year or two old. But in my business we often think of the moment when a story hits 60 Minutes as peak hype. It might be time for drug industry executives to think out loud about how to decide what will limit cancer drug costs, and when costs should be high before someone else does that thinking for them. With Merck, AstraZeneca, and Roche all making high-priced, high-value cancer drugs central to their business plans, this is a major issue."

http://www.forbes.com/sites/matthewherper/2014/10/05/60-minutes-just-attacked-high-drug-prices-heres-what-you-should-know/

The discussion is equally valid for new hepatitis c drug costs. A good article that examines the paradox we now have with pharmaceutical companies and their justification for super expensive drugs. The costs may be fair given the results, but does it matter if the price structure puts them out of reach?



__________________

Geno 1b, compensated cirrhotic, 54 yo, prior null responder. Pre tx VL approx 595,000, tx with Sovaldi/Olysio (no Riba) started 1/8/14. VL 40 @ 2 weeks, UND @ 4 weeks. Still UND @ EOT + 1 year.

Gator Man SVR12, Dragon 0, Final Score.
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
Hep C Discussion Forum -> New Members Area -> Forbes article regarding 60 minutes last night on high cancer drug costs
Legal Disclaimer:

THIS FORUM, IT'S OWNERS, ADMINISTRATORS, MODERATORS AND MEMBERS DO NOT AT ANY TIME GIVE MEDICAL ADVICE AND IN ALL CASES REFER ANYONE HERE TO SEEK APPROPRIATE MEDICAL ADVICE FROM THEIR DOCTOR.