Anonymous ID: 0e4e1c Dec. 17, 2021, 2:54 p.m. No.15209964   🗄️.is 🔗kun   >>0144 >>0227 >>0276 >>0441 >>0504 >>0604

>>15209951

>>15209926

 

Explainer: evergreening and how big pharma keeps drug prices high

November 5, 2014

 

Efforts by pharmaceutical companies to extend their patents cost taxpayers millions of dollars each year. In some cases they also mean people are subjected to unnecessary clinical trials.

 

Big pharma makes big profits. Their useful new drugs are patented, protecting them from competition and allowing them to charge high prices. When the patent ends, other companies are allowed to supply the previously patented drug. These are known as generics. The prices of generic drugs are much lower than the prices of in-patent drugs – it has been suggested that for widely used drugs price falls can be as much as 95%.

 

Pharmaceutical companies want to get their new products listed on the Pharmaceutical Benefits Scheme (PBS), because they will sell in much higher volumes. Taxpayers have an interest in ensuring that these drugs move from the high in-patent price to the much lower off-patent price as early as possible.

 

On average, a patent provides effective protection from competition for about 14 years. But, of course, companies like monopolies and would like to extend the patent period. Over the past few decades they have used a process known as evergreening to keep generic companies out of the market for longer.

 

more . . .

 

https://theconversation.com/explainer-evergreening-and-how-big-pharma-keeps-drug-prices-high-33623

Anonymous ID: 0e4e1c Dec. 17, 2021, 3:30 p.m. No.15210105   🗄️.is 🔗kun   >>0130

>>15210039

Why is Covid even still around?

It should have run its course and been gone by now.

Why all of these variants?

Does the cold & flu have variants that last year after year after year?

This covid nonsense should have been over before the summer of 2020 and they have managed to stretch it out into infinity.

When are people going to say enough of this nonsense and get on with life?

If the government wasn't perpetuating it, it wouldn't even exist.

Get sick, stay home.

Get better, go back to work.