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    QLP's Avatar
    QLP Posts: 980, Reputation: 656
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    #1

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

    YouTube - Bad Medicine: The Glaxo Case
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Jan 23, 2011, 09:17 AM

    Hello Q:

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

    excon
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #3

    Jan 23, 2011, 09:55 AM

    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) ?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #4

    Jan 23, 2011, 10:04 AM

    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
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #5

    Jan 23, 2011, 10:22 AM

    No problem . Shut down the domestic pharmaceutical industry and import medicines from China .
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #6

    Jan 23, 2011, 10:50 AM
    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
    cdad's Avatar
    cdad Posts: 12,700, Reputation: 1438
    Internet Research Expert
     
    #7

    Jan 23, 2011, 11:04 AM

    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.
    QLP's Avatar
    QLP Posts: 980, Reputation: 656
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    #8

    Jan 23, 2011, 12:08 PM
    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
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #9

    Jan 24, 2011, 04:36 AM

    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 .
    QLP's Avatar
    QLP Posts: 980, Reputation: 656
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    #10

    Jan 24, 2011, 04:56 AM

    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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