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In reply to the discussion: Well, there went all my wife's work: Bayer CEO: "We did not develop this drug for Indians" [View all]kristopher
(29,798 posts)12. Do you believe the for profit model is the best way for society to develop pharmaceuticals?
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Well, there went all my wife's work: Bayer CEO: "We did not develop this drug for Indians" [View all]
Recursion
Jan 2014
OP
There is no doubt of the racism of the Bayer CEO. However, what is frustrating the pharmaceutical
lostincalifornia
Jan 2014
#8
Do you believe the for profit model is the best way for society to develop pharmaceuticals?
kristopher
Jan 2014
#12
Ideally the government should subsidize this, but looking back at the way the ACA became a reality,
lostincalifornia
Jan 2014
#27
I don't really have a yes or no because I do not have a full grasp of everything involved. I do
lostincalifornia
Jan 2014
#34
Pharma sector profit margins run about 20%. Which suggests there is little "risk" in their business
El_Johns
Jan 2014
#36
They are suppossed to be biochemically equivalent, and go through similar testing, but I can tell
lostincalifornia
Jan 2014
#31
this disgusts me. I've watched family and friends die from cancer and this guy is telling me...
wyldwolf
Jan 2014
#9
They don't have to care, If he gets fired tommorrow he's still rich. I pray India takes the drug and
uponit7771
Jan 2014
#25
FYI, Bayer is NOT a U.S. Pharmaceutical company. Also, at least for U.S. pharmaceutical
lostincalifornia
Jan 2014
#35