• Opiod billionaire patents drug to wean addicts off of opiods
    29 replies, posted
https://www.washingtonpost.com/amphtml/news/business/wp/2018/09/08/the-man-who-made-billions-of-dollars-from-oxycontin-is-pushing-a-drug-to-wean-addicts-off-opioids/ should make $0 from manufacturing this drug for people. actually should lose money until he is broke manufacturing this drug.
Holy fucking shit, this is so goddamn scummy.
There's no way you can pretend our system of capitalism is a success when shit like this exists.
@Download gimme that reasoning fam, I agree with him and want to see a counter argument
Devil's advocate, but a system that is successful can still be massively flawed or screw people over.
It's typical "you're with us or against us" garbage that assumes there is only two options; "you're either a filthy capitalist or part of the revolution". It's tiresome having debates on that matter when people assume I'm some sort of ANCAP. They system isn't perfect but no one has managed to come up with a more effective system than the capitalist system. There is also a serious failing here to understand how expensive it is to certify a new drug. It will at best cost hundreds of millions to get there. I personally think this is the fault of DEA overregulation and could be quite easily fixed but whatever.
Uncapped capitalism puts a price on everyone's head.
Gotcha, thanks for the reasonable response. I don't know how expensive it is nor do I know of any country that has a more effective system, but that's entirely due to my own lack of research. Just wish it was better, but uneducated wishful thinking doesn't really do anything to change the world.
Hmm, I was probably jumping the gun a bit there anyway.
You could argue that despite their addictiveness problems, they are still by far and away the best pain management medication we have available. Just because they're not suitable for long-term, chronic pain and are being overprescribed due to a lack of better options does not make the medicines bad in themselves. Considering this is also, as far as I know, one of very few drugs of it's type (methadone and suboxone are the well known ones, iirc) - R&D costs for it will be in the billions. So him wanting to make some of that back is entirely reasonable IMO.
what kinda medication do I need to get off this new med, Pimp my prescription?
Even if they are the best, I heard they lied a lot about how addictive it was when selling it. That probably killed a lot of people. I think they were already punished for that, but still.
America is a paradox with drugs. On the one hand you have recreational drugs being outlawed and heavy punishments meted out for distribution or consumption, on the other you have multi-billion dollar, state-sponsored entities manufacturing and profiting from dangerous drugs with impunity.
So you don't see any problem in trying to make money off a problem you helped create?
You'll find a whole lot of squabbling over how much it actually costs to develop a drug, but sensible estimates usually come in at hundreds of millions to billions. And it's not getting cheaper by the year either.
Wait, isn't the company pushing this one of the fuckers that tried to get Kratom banned?
Stunning photo taken during a pharma meeting https://files.facepunch.com/forum/upload/230446/01a38a22-3d5e-4a28-acca-2f7aa0a67c32/image.png
Uncapped capitalism would arguably be one without copyrights where people can manufacture versions of other products and improve on them creating a healthy competition.
pharmacy's the real trap
and i thought shkreli or however you it was a scum bag
Shkreli is a kind man compared to someone that single handedly is creating the opiod crisis. Still an asshole, but compared to this guy? I'd rather have Martin
That's because the companies pushing this are one of the biggest lobbies in the US. They could legalize damn near anything.
what about kratom?
It's not controllable by the corporations, so they want it banned.
That depends, in this context, on his behaviour. I only see a problem if it was intentional exploitation.
I'm not sure they're being overprescribed for lack of better options, after all we don't have an opioid crisis over here and to my knowledge we don't have issues with underwhelming painkillers either. If anything it seems they're prescribed out of convenience, if not downright conflicts of interest.
https://i.kym-cdn.com/photos/images/original/000/632/895/7ff.jpg
The catch is that those who've designed opioids for pain relief and those who are most primed to develop drugs to treat opioid addiction as they'll mostly be acting at the same receptors and have similar chemical scaffolds.
This is like the pharma version of anti virus companies being the one who make the viruses.
Patent laws on chemicals should be destroyed. If there is a need to be reimbursed for research costs, there should be a way for them to get money from the government so they can be profitable again.
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