Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Epipen CEO is Senators daughter that raised price from $100 to $600
#21
(08-29-2016, 04:43 AM)BenSkywalker Wrote: Yikes, where to start.

First off, real quick- Steel- you know that Oreos are generic? Hydrox are the original. In this instance we are dealing with highly specific chemistry, not culinary tweaking, generic medications should be just as effective as the name brands. 

Second point which it seems both sides are kind of missing in this discussion. This is not a 'capitalism' discussion. Capitalism is about making money- the particulars of this case are all about increasing stock valuations- it is an issue of corporatism. 

To that point, you all are on the wrong sides on your arguments here. See the problem in this particular case is that the US Government has handed Mylan the exclusive 'rights' for their Epipen solution. Because the government will only pay for Mylan's offering- the generic offerings are rarely stocked by pharmacies. In this particular instance we are now discussing the government forcing airlines to buy bulk quantities of this product all of which *must* be purchased from Mylan *instead* of its' lower priced competitors. 

Now the fact that the CEO's father *is* a US Senator(Democrat) and the government's procedures are exactly what put the market into the position it is in, I'm kind of curious of what this has to do with capitalism?

This is an issue of government manipulation and corporatism- period.
Wow, you're actually right for once, even though you think I need to be informed about Oreos. I appreciate generics–what I'm saying is that generics are going to be targeted for elimination by corporatism, and that this is a bad thing.
Reply


Messages In This Thread
RE: Epipen CEO is Senators daughter that raised price from $100 to $600 - by SteelCrysis - 08-29-2016, 05:00 AM

Forum Jump:


Users browsing this thread: 2 Guest(s)