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Author Topic: "Big Pharma...gone wild: $1,000-a-pill Hepatitis drug in USA...$10 in Egypt"  (Read 767 times)
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WhiskeyGirl
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« on: March 27, 2014, 10:33:19 PM »

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Big Pharma profiteering gone wild: $1,000-a-pill Hepatitis drug in USA sells for less than $10 in Egypt

(NaturalNews) The financial raping of America by Big Pharma has just achieved a new milestone with the impending launch of a Hepatitis C drug that costs $1,000 a pill. If you've ever wondered why U.S. health care is so unaffordable and inaccessible -- and why health insurance costs are bankrupting businesses and municipalities across the nation -- this is exactly why. The same drug that sells for $1,000 a pill in the USA -- named "Sovaldi" -- sells for just $10 in Egypt, or 1/100th the USA price.

Drug companies are, of course, granted FDA-enforced monopolies on the treatment of anything considered a "disease." As such, drugs are pushed into the marketplace at monopoly prices. Because if you're the CEO of Gilead Sciences, Inc., makers of the Sovaldi drug to be sold at $1,000 a pill, your job is to maximize revenues by any means necessary. When you're handed a monopoly by the FDA, the strategy for achieving that is simple: Raise the price to whatever you can get away with, then bill the insurance companies, Medicare and Medicaid for $100, $500 or even $1,000 a pill.

100,000% mark-up?

Even if one pill of Sovaldi only costs 68 cents to manufacture, it will still be sold at $1,000 a pill because that's what the company demands. At this price, a course of treatment runs $84,000 in the USA. Gilead reduces the price to $57,000 in the UK -- apparently in a completely arbitrary manner based on whatever it can get for the drug rather than the drug's actual cost or value.

Learn more: http://www.naturalnews.com/044463_Big_Pharma_profiteering_Sovaldi_overpriced_drugs.html#ixzz2xDnkinZt

Obamacare is a marketing plan to enrich the medical industry...

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