AOC take CEO to task over high drug cost

[Dissident_Aggressor]

@thinkingman

trump is a successful billionaire real estate developer.

cant be that dumb

Trump struggles to construct even the most basic sentences and he bankrupts casinos. He most certainly is that dumb.

[thinkingman]

@SeaManatee

She’s an idiot.

She’s following Trump’s lead.

That’s a fun combo of opinions.

oh dear i’ve tied myself up in such knots…

[thinkingman]

@Dissident_Aggressor

@thinkingman

trump is a successful billionaire real estate developer.

cant be that dumb

Trump struggles to construct even the most basic sentences and he bankrupts casinos. He most certainly is that dumb.

he’s not a great speaker. but hes not a talking point machine robot like she is

he loses money. but he makes up for it and then much more (you prob will too when you become a billionaire)

no one ever thought he was dumb (or racist) before running for pres.

[SeaManatee]

No one thought the head birther was racist until he ran for president.

[kingarthur65]

@CanadianJudo

Drug companies shouldnt need to market their drugs you think if they work it should bw all it takea

People watch those ads. 50% of people that ask their Dr for specific drug, get prescribed that drug.

[kingarthur65]

@SeaManatee

No one thought the head birther was racist until he ran for president.

Central Park 5 would disagree

[Dissident_Aggressor]

The thread title seems to imply ole AOC had the upper hand, but based on the exchange in the OP, it wasn’t that way at all. First, she doesn’t understand the difference between revenue and profit and even if she does, she got it wrong and was corrected. Second, she didn’t get the price right and of course fell on the high side. Again, she was corrected. Then she announces that she doesn’t know how patents work, or if she does, she couldn’t work out that explained the difference in price between here and Australia.

Pretty poor showing, actually.

[kermode]

[kingarthur65]

@Dissident_Aggressor

The thread title seems to imply ole AOC had the upper hand, but based on the exchange in the OP, it wasn’t that way at all. First, she doesn’t understand the difference between revenue and profit and even if she does, she got it wrong and was corrected. Second, she didn’t get the price right and of course fell on the high side. Again, she was corrected. Then she announces that she doesn’t know how patents work, or if she does, she couldn’t work out that explained the difference in price between here and Australia.

Pretty poor showing, actually.

Good post. Now can you do a similar break down on Trump’s statements on tariffs?

[Dissident_Aggressor]

@kingarthur65

Good post. Now can you do a similar break down on Trump’s statements on tariffs?

I absolutely could, though this thread doesn’t seem to be the place. Point me to one or start one and I’ll be on it. I have to admit in advance, I have no idea what his statements on tariffs are, but I’m guessing they’re quite stupid.

[Samson_Corwell]

@DMK

It can cost billions just to bring one viable drug to market.

As a side note, I used to be in pharmaceutical sales. We were to launch a super potent antibiotic. Mostly a Hail Mary type antibiotic. If you were on death’s door this would possibly do the trick. It went through all of the approvals. Big meetings to launch. It got pulled at the last minute.

If you want R&D, you can’t do it on $8.00 per Rx with the limited time on patents.

There is only a short time span for the manufacturer of that drug to recoup costs and fund the next drug in line before it goes generic.
A Tough Road: Cost To Develop One New Drug Is $2.6 Billion; Approval Rate for Drugs Entering Clinical Development is Less Than 12% – Policy & Medicine

Patents are an unnatural government-created privilege.

[Samson_Corwell]

@thinkingman

sounds like AOC learned just a little more about how economics works while trying to attack someone over their profits, sticking her foot in her big petulant mouth once again

Economics blah blah blah. Economics needs to stay in its own lane and butt out of normative issues.

[adroit]

@Dissident_Aggressor

You’re right. So when is the public sector going to get cracking on this HIV drug so people can stop complaining about the price?

I’d absolutely love for us to create the NASA equivalent of pharmaceuticals.

[adroit]

@thinkingman

trump is a successful billionaire real estate developer.

cant be that dumb

He inherited hundreds of millions and would have a higher net worth had he invested in the S&P500. He’s a ■■■■■■■ idiot.

[thinkingman]

@Dissident_Aggressor

The thread title seems to imply ole AOC had the upper hand, but based on the exchange in the OP, it wasn’t that way at all. First, she doesn’t understand the difference between revenue and profit and even if she does, she got it wrong and was corrected. Second, she didn’t get the price right and of course fell on the high side. Again, she was corrected. Then she announces that she doesn’t know how patents work, or if she does, she couldn’t work out that explained the difference in price between here and Australia.

Pretty poor showing, actually.

exactly. but she got to “put heat” to someone who makes evil profit. just what she was taught to hate at boston u

[thinkingman]

huh. a thread about AOC and pharm, and all everyone talks about is trump…

[thinkingman]

@Samson_Corwell

@thinkingman

sounds like AOC learned just a little more about how economics works while trying to attack someone over their profits, sticking her foot in her big petulant mouth once again

Economics blah blah blah. Economics needs to stay in its own lane and butt out of normative issues.

lol is that what they call things now that shouldnt be allowed to profit, even though everyone loves all their medicine?

[zantax]

Have to love liberals, patents for medicine are evil and should be done away with, must protect intellectual property of Hollywood.

[komobu]

@Dissident_Aggressor

. Second, she didn’t get the price right and of course fell on the high side. Again, she was corrected. Then she announces that she doesn’t know how patents work, or if she does, she couldn’t work out that explained the difference in price between here and Australia.

Pretty poor showing, actually.

This little girl nails it!

MiniAOC again mocks Alexandria Ocasio-Cortez...

[thinkingman]

@komobu

@Dissident_Aggressor

. Second, she didn’t get the price right and of course fell on the high side. Again, she was corrected. Then she announces that she doesn’t know how patents work, or if she does, she couldn’t work out that explained the difference in price between here and Australia.

Pretty poor showing, actually.

This little girl nails it!

https://www.youtube.com/watch?v=lORLRY9gWyQ

hahaha… too good. bless her heart