Political Forums  

Go Back   Political Forums > Off-topic

We appreciate your help

in keeping this site going.
Reply
 
Thread Tools Display Modes
  #1  
Old 08-25-2016, 10:41 AM
Tom Joad's Avatar
Tom Joad Tom Joad is offline
Persona non grata
 
Join Date: Oct 2013
Posts: 12,654
Pharma Chick

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"



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/
__________________
"The enemy of my enemy is my friend."

Last edited by Tom Joad; 08-25-2016 at 10:53 AM.
Reply With Quote
  #2  
Old 08-25-2016, 11:35 AM
68custom's Avatar
68custom 68custom is offline
Senior Member
 
Join Date: Mar 2012
Posts: 846
kill the rich and divide the spoils!
Reply With Quote
  #3  
Old 08-25-2016, 11:49 AM
Boreas's Avatar
Boreas Boreas is offline
Senior Member
 
Join Date: Nov 2009
Location: Sonoma County, CA
Posts: 20,496
Quote:
Originally Posted by 68custom View Post
kill the rich and divide the spoils!
Okay!!
Reply With Quote
  #4  
Old 08-25-2016, 04:49 PM
Pio1980's Avatar
Pio1980 Pio1980 is offline
Senior Member
 
Join Date: Mar 2014
Location: NE Bamastan
Posts: 11,049
http://www.consumerreports.org/drugs...n-alternative/

Sent from my SM-N900V using Tapatalk
__________________
I'll believe corporations are people when Texas executes one.
Reply With Quote
  #5  
Old 08-25-2016, 04:55 PM
bobabode's Avatar
bobabode bobabode is offline
Admin
 
Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,188
Pharma chic? Is that hot wimmin in lab coats?
__________________
I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
Reply With Quote
  #6  
Old 08-25-2016, 04:57 PM
bobabode's Avatar
bobabode bobabode is offline
Admin
 
Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,188
Quote:
Originally Posted by Pio1980 View Post
http://www.consumerreports.org/drugs...n-alternative/

Sent from my SM-N900V using Tapatalk
That's good info. Generic is available.
__________________
I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
Reply With Quote
  #7  
Old 08-25-2016, 05:07 PM
Tom Joad's Avatar
Tom Joad Tom Joad is offline
Persona non grata
 
Join Date: Oct 2013
Posts: 12,654
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.
__________________
"The enemy of my enemy is my friend."
Reply With Quote
  #8  
Old 08-25-2016, 05:08 PM
finnbow's Avatar
finnbow finnbow is offline
Reformed Know-Nothing
 
Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,857
Quote:
Originally Posted by Tom Joad View Post
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.
__________________
As long as the roots are not severed, all will be well in the garden.
Reply With Quote
  #9  
Old 08-25-2016, 05:34 PM
Tom Joad's Avatar
Tom Joad Tom Joad is offline
Persona non grata
 
Join Date: Oct 2013
Posts: 12,654
Quote:
Originally Posted by finnbow View Post
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]
__________________
"The enemy of my enemy is my friend."
Reply With Quote
  #10  
Old 08-25-2016, 07:13 PM
finnbow's Avatar
finnbow finnbow is offline
Reformed Know-Nothing
 
Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,857
Quote:
Originally Posted by Tom Joad View Post
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.
__________________
As long as the roots are not severed, all will be well in the garden.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 08:55 AM.



Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.