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-   -   Trust the pharma industry? (https://www.askmehelpdesk.com/showthread.php?t=547032)

  • Jan 23, 2011, 09:07 AM
    QLP
    Trust the pharma industry?
    Alliance for Human Research Protection - 1991-2010 Enormous Scale of Pharma Criminal Fraud Settlements

    YouTube - Bad Medicine: The Glaxo Case
  • Jan 23, 2011, 09:17 AM
    excon

    Hello Q:

    What you observe is a direct result of DEREGULATION. There needs to be RULES, and TOUGH regulators on the beat.

    excon
  • Jan 23, 2011, 09:55 AM
    tomder55

    If there was a lack of regulation and enforcement ,how do you account for all those criminal cases and settlements of violations of the False Claims Act (FCA) ?
  • Jan 23, 2011, 10:04 AM
    excon

    Hello tom:

    The key isn't the cases they made, but the ones they DIDN'T. Letting Big Pharma screw us over, as Q points out, is one of them...

    The idea behind us paying the HIGH COST of our MEDICINE, is the guarantee that our MEDICINE is PURE... But, if Big Pharma is going to act like a third world enterprise, we should be paying third world prices...

    excon
  • Jan 23, 2011, 10:22 AM
    tomder55

    No problem . Shut down the domestic pharmaceutical industry and import medicines from China .
  • Jan 23, 2011, 10:50 AM
    excon
    Quote:

    Originally Posted by tomder55 View Post
    no problem . Shut down the domestic pharmaceutical industry and import medicines from China .

    Hello again, tom:

    Wow! Your right wing knee jerked... Clearly, you believe that any attempt to REGULATE an industry, is an attempt to shut it down... Sounds like Glenn Beck paranoia, to me.

    We need RULES. You LIKE rules, too, as long as they have to do with my PERSONAL life. But, rules for business?? Nahhh... DUDE!

    By the way, the problem Q pointed out isn't with our DOMESTIC industry. It's when our DOMESTIC industry was shipped overseas... Evidently our DOMESTIC wages were too high to pay... But our DOMESTIC prices weren't too much to charge... DUDE!

    excon
  • Jan 23, 2011, 11:04 AM
    cdad

    Purity didn't seem to be the problem as much as overcharging the government and trying to maintain a monopoly. That is what triggered most of the fines.
  • Jan 23, 2011, 12:08 PM
    QLP
    Quote:

    Originally Posted by califdadof3 View Post
    Purity didnt seem to be the problem as much as overcharging the government and trying to maintain a monopoly. That is what triggered most of the fines.

    PharmaGossip: Glaxo to pay out $750m over impure drugs lawsuit - The Independent

    Cholesterol Lowering Drug Side Effects, Danger of Lipitor, the Cholesterol Lowering Drug
  • Jan 24, 2011, 04:36 AM
    tomder55

    Quote:

    By the way, the problem Q pointed out isn't with our DOMESTIC industry. It's when our DOMESTIC industry was shipped overseas
    And GSK is a Brit company . Yes it's our FDA that did the investigation . The plant was in Puerto Rico which is subject to our laws.
    That is one of the reasons they slashed 4000 jobs... mostly from North America. By the way Glaxo shut down the Cidra PR plant in 2009 .60 Minutes' interview with Cheryl Eckard (who deservedly got a lot of the settlement money because she was wrongfully canned ) was... umm.. timely .
  • Jan 24, 2011, 04:56 AM
    QLP

    It's by no means a problem only over there in the USA. Governements around the world are playing monkey to the great organ grinder of big pharma.

    Controversy over vaccine trial files | Irish Examiner

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