Canadian On line Pharmacy for meds

rgatijnet1 wrote:

Y-Guy wrote:

rgatijnet1 wrote:
Here is a good read on colchicine/colcrys and why the drug went from 9 cents a pill generic to $4.95 a pill under the new FDA in 2009-2010. Our government gave an exclusive marketing to a drug company if the drug company gave the FDA a $45 million application fee. The generic was removed from the shelves. Colchicine/Colcrys

They caught me on this, didn't know it was coming or I would have refilled my colchicine before. I ended up with the new stuff, swear it was not as effective and gave me sticker shock too.

Yep, the drug had been in production for more than 100 years so don't tell me about the manufacturer deserves a return on their investment. This was all about the FDA giving one company, URL Pharma, a chance to make a fortune if they supported Obamacare and for that, they were given an exclusive, and a NEW patent, on a drug that was first developed in the 1820's. This was not the only drug that was rebadged and changed from generic to a specialty drug in the 2009-2011 time frame. It was, and always has been, all about the money.
Colchicine is still available overseas for less than 10 cents a pill.

This is cronyism at its worst. It is precisely why heavy government regulation is bad for an economy. As long as you have money to "purchase" the government protection you can make a fortune on the backs of the rest of us. This is true for garbage monopolies, cable TV in most places, taxi cabs etc. If you have money you can purchase a law, rule, or regulation that will help you and hurt your competition. All these things are a huge barrier to entry and further limit the choices people have. Some people think healthcare is special and can't benefit from open competition. Think about the medicine and services in the cosmetic surgery area. The costs have actually dropped in real dollars and the service is better. It is similar with veterinary medicine as well. If the consumer who wants the service is actually in the most part paying for the service has a choice of multiple providers competing for their money the consumer wins. Only when someone else is paying do the "consumers" want the most expensive product. They don't have to make good decisions that they make for every other product. Get the government out of the way as much as possible and let the market determine the value of a product or service. BTW I'm not making an all or nothing argument jus that the existing drug approval process is broken and full of cronyism.