Eli Lilly and Company has been handed another sweetheart contract that brings it $720,000 for 600,000 doses of investigational drug bebtelovimab. That's $1,200 a dose at a time when our biggest states, including California - controlled by Democrats - are removing mask mandates and other restrictions as the COVID-19 crisis rapidly fades away. That is … Continue reading Why is Biden paying $1,200 a treatment for mild/moderate Covid, especially Omicron?
Tag: FDA
WHO approves another $$$ COVID-19 drug!
The World Health Organization (WHO) has recommended a "new" drug to treat COVID-19: Baricitinib - Lilly's Olumiant®. In the United States this drug's list price is as much as the median wage worker earns for some 140 hours labor, and that's before taxes and other deductions. A 30-day supply of tablets is $2,378.40. Even with … Continue reading WHO approves another $$$ COVID-19 drug!
Weaklings here negotiate drug prices nationally just as poorly as if drug companies did it for them
Does America have a two-tiered health system - one for the entitled and one for the rest of us? When former President Donald Trump contracted Covid-19 just before the 2020 election, his first treatment by doctors was administering Regeneron's antibody cocktail, dubbed REGN-COV2. Trump recovered quickly, and was back to work in less than a … Continue reading Weaklings here negotiate drug prices nationally just as poorly as if drug companies did it for them
Foreign laboratories and factories dominate American drug market, while FDA flounders
If you thought the American people were the customers of the U.S. Food and Drug Administration (FDA), you were wrong Human Drugs regulatory activities account for 33 percent of FDA’s budget; 65 percent of these activities are paid for by industry user fees, boasts the FDA website. No surprise: the 15,000 employees of the FDA … Continue reading Foreign laboratories and factories dominate American drug market, while FDA flounders
The lobbyists in the Trump woodpile, or how the President dumped drug price reforms to please Joe Grogan and Pharma
Who is Joe Grogan? Hint: he is not the famous comedian - Joe Rogan. Here's the graph of his resume - revolving from industry to government and now the White House - enough to make your head spin from such swinging roles. Is it possible for any lobbyist from Gilead Sciences to be fair and … Continue reading The lobbyists in the Trump woodpile, or how the President dumped drug price reforms to please Joe Grogan and Pharma
Brem-V in WW2 was defeated without approval by the FDA
The World War reached a turning point in 1943 as the last of German troops at Stalingrad surrendered on January 31, but that celebration was soon forgotten, as some American officials learned of a new threat to our nation from the barbarians. In a laboratory just outside Bremen, Germany, scientists had been studying new biological … Continue reading Brem-V in WW2 was defeated without approval by the FDA
FDA & NIAD guilty of incompetence, verging on treason!
Capitalism shows its most ugly face! That ad is from eBay - plenty of paper for sale at five times the store price - 12 "mega" rolls for $59.99. Now you know why the "gangs" were fighting to clean off the grocery store shelves. For many buyers, it wasn't need, but deplorable greed. Here's another … Continue reading FDA & NIAD guilty of incompetence, verging on treason!
Americans suffer while drug companies make a fortune because FDA isn’t timely approving generics
The Food and Drug Administration (FDA) last year had 4,036 generic drug applications waiting for approval. In October 2012, there was a backlog of 2,868 drugs. It now takes a median 47 months to approve a generic drug by the FDA - nearly four years. What does this mean to the healthcare consumer? First, it … Continue reading Americans suffer while drug companies make a fortune because FDA isn’t timely approving generics
You can fool nearly all the people... 