Political Forums - Pharma Chic

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http://www.cnbc.com/2016/08/25/mylan...e-gouging.html

Quote:

Mylan CEO Heather Bresch struggled Thursday to justify the repeated big price hikes of the company's lifesaving EpiPen devices as criticism continued that Mylan is gouging consumers with a retail cost of more than $600.

"No one's more frustrated than me," Bresch told CNBC's "Squawk Box" on Thursday when she was pressed on the question of why Mylan needed to have such a high price for EpiPens, and why she just didn't cut their price.

"Everybody should be frustrated," said Bresch, who in recent days has come under fire from U.S. Senators, Democratic presidential nominee Hillary Clinton and patients who are outraged by EpiPen's 400-percent price increases in recent years.

Yeah, I'll bet she's "frustrated":rolleyes:

Quote:

When asked how she could justify increasing her own compensation — which has risen from $2.5 million in 2007 to $18.9 million in 2015 — even as parents have to pay significantly more for their children’s life-saving drugs, Bresch again completely dodged the question.

Quote:

Bresch, whose father is Sen. Joe Manchin, D-W.Va., has become just latest CEO whose face illustrates the ongoing controversy over rising drug prices, following on the heels of now-ex-Valeant Pharmaceuticals CEO Michael Pearson, and former Turing Pharmaceuticals chief Martin Shkreli.

"This is greed on steroids," legendary consumer advocate Ralph Nader told CNBC on Thursday.

https://www.rawstory.com/2016/08/wat...en-price-hike/

kill the rich and divide the spoils!

Quote:

Originally Posted by 68custom (Post 329104)

kill the rich and divide the spoils!

Okay!!

http://www.consumerreports.org/drugs...n-alternative/

Sent from my SM-N900V using Tapatalk

Pharma chic? Is that hot wimmin in lab coats?

Quote:

Originally Posted by Pio1980 (Post 329160)

http://www.consumerreports.org/drugs...n-alternative/

Sent from my SM-N900V using Tapatalk

That's good info. Generic is available.

It appears that all one needs to be is the daughter of a Democratic Senator and that makes it OK to price gouge the public for their prescriptions while drawing an 18.9 million dollar salary.

Quote:

Originally Posted by Tom Joad (Post 329163)

It appears that all one needs to be is the daughter of a Democratic Senator and that makes it OK to price gouge the public for their prescriptions while drawing an 18.9 million dollar salary.

Her ability to fleece the public has nothing to do with her relationship to her father, the politician. Big Pharma does this routinely.

Quote:

Originally Posted by finnbow (Post 329164)

Her ability to fleece the public has nothing to do with her relationship to her father, the politician.

Of course. I'm sure she made it to the top on her own merit.

https://en.wikipedia.org/wiki/Heather_Bresch

Quote:

At a WVU basketball game in 1992, Bresch's father mentioned his daughter's job search to Mylan CEO Milan Puskar. The company soon thereafter offered her a low-level position in the quality control department of a factory in Morgantown. According to Bresch, she had misgivings about the offer. Her father said she should "absolutely take it" and try for a year. She took his advice, and started as a clerk, typing labels. She received frequent promotions during the following years, "working hard and learning the industry inside out".[5]

Quote:

Originally Posted by Tom Joad (Post 329167)

Of course. I'm sure she made it to the top on her own merit.

https://en.wikipedia.org/wiki/Heather_Bresch

There's nothing there to indicate that she didn't advance on her own merits. Quite the opposite actually. That doesn't excuse the corporate greed she exhibits, however.