Dr. Evil
20×102mm Vulcan
https://nypost.com/2016/08/24/ceo-w...IUMnRegG2nhJevmJsLh2XvQnme5Yy7ZEEAwhJDF3d5nVA
From 2016 but still interesting.
From 2016 but still interesting.
Monopoly root of allWhy is there not an alternative in the market?
Lack of competition is the root of all evil.
RemarkableI just had a patient in who tried to get one recently for his daughter. He was told there wasn't one available in the Hudson Valley.
A government enforced monopoly in this case.Why is there not an alternative in the market?
Lack of competition is the root of all evil.
And if said magic pen was developed using tax payer funds?A government enforced monopoly in this case.
It's a difficult question though, without the patent process and the government enforced monopolies it creates we wouldn't have an incentive to innovate.
The way things went down with the EpiPen patent is BS, but in principle the process is the best we've got.
I look at it like this, some guy invents a magic pen that can save your life, and you complain he wants too much money for it ? Maybe he should charge less, or maybe if he couldn't charge so much he wouldn't have bothered inventing it in the first place.
The value of a good is determined by it's utility, not the cost to produce it. This thing is literally worth your life to some people.
That's where the BS with the EpiPen implementation of the process comes in.And if said magic pen was developed using tax payer funds?
Why is there not an alternative in the market?
Lack of competition is the root of all evil.
epipen-alternativeWhy is there not an alternative in the market?
Lack of competition is the root of all evil.
WOW, somehow I bet you can find lots of narcan tho.I just had a patient in who tried to get one recently for his daughter. He was told there wasn't one available in the Hudson Valley.
Tell him to look into the possibility of just getting 1:1000 EPI in a .3mg single dose vial with the syringe. At least he will have some on hand, unfortunately I doubt the kid would be up to using it on themselves but the parents could.I just had a patient in who tried to get one recently for his daughter. He was told there wasn't one available in the Hudson Valley.
That's where the BS with the EpiPen implementation of the process comes in.
A government enforced monopoly in this case.
It's a difficult question though, without the patent process and the government enforced monopolies it creates we wouldn't have an incentive to innovate.
The way things went down with the EpiPen patent is BS, but in principle the process is the best we've got.
I look at it like this, some guy invents a magic pen that can save your life, and you complain he wants too much money for it ? Maybe he should charge less, or maybe if he couldn't charge so much he wouldn't have bothered inventing it in the first place.
The value of a good is determined by it's utility, not the cost to produce it. This thing is literally worth your life to some people.
Still very expensive, but then again it's not (hopefully) a regular use item either.epipen-alternative
CVS EpiPen
CVS Health has announced that a low-cost epinephrine auto-injector option, the authorized generic for Adrenaclick manufactured by Impax Laboratories (IPXL), is available at all CVS Pharmacy locations for $109.99 for a 2-pack.
Still very expensive, but then again it's not (hopefully) a regular use item either.
Correct EPI is actually cheap and very generic.Was it (developed using tax payer funds)?
My suspicion is the patent is on the delivery mechanism, not the drug itself. Epinephrine has been around for more than 100 years.
My kid has a peanut allergy. I have a few expired pens, but refuse to pay the outrageous prices. He know he cant ear the stuff and knows to say no if there's not 100% certainty.
It would be nice to have the piece of mind a pen brings, but the benefit doesnt equal the cost. I won't ever advocate for government regulation over it. I like the free market. Participating is optional.
All that being said - of course there's a political connection. This didn't happen by accident.
"It would be nice to have the piece of mind a pen brings, but the benefit doesnt equal the cost."
My grandson has a peanut allergy and I can't imagine ever making a statement like that.
And she still hasn't been dragged into the street and beaten.
I hate to tell you this but those expired pens may or may not work depending how expired they are. Epi will eventually degrade and if it’s no longer clear its bad don’t use it. No mater how carful your kid is there is a high likelihood he will get exposed sooner or later. Look into the options here is one I know of and I am sure there are others.
Home - Snap Medical Industries
https://nypost.com/2016/08/24/ceo-w...IUMnRegG2nhJevmJsLh2XvQnme5Yy7ZEEAwhJDF3d5nVA
From 2016 but still interesting.
Don't care what it sounds like.For what? Trying to make the company's shareholders money? That's what all CEO's do. They may be despicable people, but they aren't infringing on anyone else's rights.
Are you suggesting that private businesses should be restricted as to how much profit they make? That would sound a bit like Bernie and aoc.
Don't care what it sounds like.
She should be dragged to the street and beaten.OK. So what are you saying then?
She should be dragged to the street and beaten.
Don't know enough about the story other than the link. They mention something about looking into anti trust law violations. I just found it interesting that there was this connection to a politician. There are many times we see family members of politicians getting cushy jobs, making money in interesting ways, etc.. Just seemed curious to me.So Doc. What are you're thoughts on this?