[geeks] Drug prices (was Re: nVidia 8800GT for Apple Mac Pro)

[Lionel Peterson]

>From: Sandwich Maker <adh at an.bradford.ma.us>
>Date: 2008/05/23 Fri AM 09:40:55 EDT
>To: geeks at sunhelp.org
>Subject: Re: [geeks] Drug prices (was Re: nVidia 8800GT for Apple Mac  Pro)

>" From: Lionel Peterson <lionel4287 at verizon.net>
>" 
>" []
>" 
>" If you starve a Pharma of cash, you stifle innovation and you reduce
>" the number of new companies that enter the market (why go into Pharma
>" if your work product will be stolen?). Amazingly, many people think
>" new drug compund "fall out of the sky" - it is a very expensive
>" process to develop a new drug, or even get approval for a new use of
>" an existing drug.
>
>in principle, but - major drug cos here spend on marketing/advertising
>2-3x their r&d budgets.  that tells you where -they- think the money
>is.

Most major drug cos/ buy their new compounds through acquisitions, not guys in labs playing with beakers & flasks, so what you say about marketing out-spending R & D doesn't suprise me...

Lionel