Comments on: The Chickens are Coming Home to Roost http://bizmaverickblog.com/the-chickens-are-coming-home-to-roost/ Helping small businesses get started and grow. Wed, 25 Apr 2012 17:32:00 +0000 hourly 1 http://wordpress.org/?v=3.0.3 By: Bob Foster http://bizmaverickblog.com/the-chickens-are-coming-home-to-roost/comment-page-1/#comment-7615 Bob Foster Thu, 08 Apr 2010 17:14:52 +0000 http://bizmaverickblog.com/?p=774#comment-7615 Jeff - Thanks for the comment. If you notice in the AP article, the Pharma companies have addressed the generic issue by outlawing the manufacture of generics of their most expensive drugs. Their position is that they need to recoup their development costs. The prescription I mentioned in my post has a generic counterpart, but it can only be purchased in <strong>India</strong>. That means it's manufacture is not overseen by any government watchdog agency, so a person cannot be sure exactly what they are getting. You are also right about most generics---they are usually drugs developed for some other purpose and simply cross-purposed because of beneficial(?) side-effects. We all know that big corporations control Congress and the Administration--that's just the way it works. Now, we also know that Big Pharma had a heavy hand in determining how the Healthcare reform law was written. That doesn't leave much room for influence by individuals or small business. Yup, we will all pay dearly in the end. Jeff – Thanks for the comment. If you notice in the AP article, the Pharma companies have addressed the generic issue by outlawing the manufacture of generics of their most expensive drugs. Their position is that they need to recoup their development costs. The prescription I mentioned in my post has a generic counterpart, but it can only be purchased in India. That means it’s manufacture is not overseen by any government watchdog agency, so a person cannot be sure exactly what they are getting.

You are also right about most generics—they are usually drugs developed for some other purpose and simply cross-purposed because of beneficial(?) side-effects.

We all know that big corporations control Congress and the Administration–that’s just the way it works. Now, we also know that Big Pharma had a heavy hand in determining how the Healthcare reform law was written. That doesn’t leave much room for influence by individuals or small business. Yup, we will all pay dearly in the end.

]]> By: Jeff http://bizmaverickblog.com/the-chickens-are-coming-home-to-roost/comment-page-1/#comment-7614 Jeff Thu, 08 Apr 2010 15:40:00 +0000 http://bizmaverickblog.com/?p=774#comment-7614 This may backfire against them in the end. More and more people are going with generics because of cost. HMOs insist that you take the generic over the name-brand unless you want to pay the difference out of pocket. The unfortunate issue with generics is that unlike other industries (such as food and sundries) the generics aren't merely cheaper mixes and formulas of their name-brand counterpart, but primarily drugs designated for another purpose but who's side-effects happen to to also cover the spectrum of other ailments. I guess no matter how you look at it, we're going to be the ones paying dearly in the end. .-= Jeff´s last blog ..<a href="http://pixelpainter.com/nab-2010-live-green-screen-shoot-more/" rel="nofollow">NAB 2010 – LIVE Green Screen Shoot & More!</a> =-. This may backfire against them in the end. More and more people are going with generics because of cost. HMOs insist that you take the generic over the name-brand unless you want to pay the difference out of pocket.

The unfortunate issue with generics is that unlike other industries (such as food and sundries) the generics aren’t merely cheaper mixes and formulas of their name-brand counterpart, but primarily drugs designated for another purpose but who’s side-effects happen to to also cover the spectrum of other ailments.

I guess no matter how you look at it, we’re going to be the ones paying dearly in the end.
Jeff´s last blog ..NAB 2010 – LIVE Green Screen Shoot & More! My ComLuv Profile

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