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Grange95's profile
Grange
Grange
Grange
@Grange95

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Grange

@Grange95

Recovering lawyer, Huskers & Packers fan, poker degenerate, scurvy fighter, sarcastic SOB ... Mostly here for the dogs.

West Des Moines, IA
craakker.blogspot.com
Joined April 2009

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    1. Grange‏ @Grange95 30 Dec 2017

      "NextSource CEO Robert [said] the company sets its prices based on the costs it incurred in developing the medication ..." It's a 40-year old drug you bought from another company. WHAT DEVELOPMENT COSTS are you recouping?? https://www.cbsnews.com/news/cancer-drug-lomustine-price-hiked-1400-percent-by-new-owners/ …

      3 replies 6 retweets 15 likes
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      Grange‏ @Grange95 30 Dec 2017

      The CEO candidly stated the other factor used to set the drug's price was "the benefits it provides patients." In other words, this drug might save your life. How much in your bank account? Are your credit cards maxed? Got a 401(k)? We'll wait.

      9:53 AM - 30 Dec 2017
      • 3 Retweets
      • 11 Likes
      • 🌎(((Jay Lender)))🌎 Puckett Aaliyah Cur Ray Wang joey Mary Dally-Muenzmaier Tweeting from 30,000 feet LDW 🇲🇽
      2 replies 3 retweets 11 likes
        1. New conversation
        2. Grange‏ @Grange95 30 Dec 2017

          Sure drug companies need to turn a profit. And yes, profits on drugs have to also fund development of other drugs. But when a product is literally life & death, market forces are at odds with morality.

          2 replies 1 retweet 15 likes
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        3. Grange‏ @Grange95 30 Dec 2017

          Economics state a product's value is what a willing buyer will pay for it. This works for cars, computers, clothes, vacations and all the other mundane stuff of consumerism.

          1 reply 1 retweet 5 likes
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        4. Grange‏ @Grange95 30 Dec 2017

          But when your product is literally someone's life (or the life of a loved one), the market price is "all you've got."

          1 reply 1 retweet 8 likes
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        5. Grange‏ @Grange95 30 Dec 2017

          "Your kid has cancer? Tough break. If you can scrape up a couple hundred thousand, let me know."

          2 replies 1 retweet 5 likes
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        6. Grange‏ @Grange95 30 Dec 2017

          Absent regulation, these sorts of miracle drugs and therapies can be priced to the point only the wealthy can afford them.

          3 replies 1 retweet 5 likes
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        7. Grange‏ @Grange95 30 Dec 2017

          Only a society which equates wealth with virtue would find it moral to let the market decide life & death. "Your kid got cancer? Bet you wish you'd gone into investment banking rather than teaching!"

          1 reply 9 retweets 23 likes
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        8. Grange‏ @Grange95 30 Dec 2017

          This may be the fundamental moral question of our time. Do we still believe all humans have intrinsic worth independent of their economic value? Or are humans only valuable to the extent they can contribute through work and consumption?

          9 replies 62 retweets 162 likes
          Show this thread
        9. End of conversation
        1. ₦ØVɆ₥฿ɆⱤ ł₴ ₵Ø₥ł₦₲‏ @Nov_Is_Coming 31 Dec 2017
          Replying to @Grange95

          How far we have fallen in pursuit of lucre from the days of Jonas Salk, who donated his discovery to the public domain so that lives may be saved as cheaply as possible!

          0 replies 0 retweets 0 likes
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