Pharma companies are ‘getting away with murder’

Try to google this: Trump says drug company get away with murder and you get to this link:

https://www.google.com.my/search?safe=strict&site=webhp&q=trump+drug+company+get+away+with+murder&spell=1&sa=X&ved=0ahUKEwiL2cH15rvRAhVLFZQKHch3DjsQvwUIGCgA&biw=1538&bih=726&dpr=1.25

  • S. President-elect Donald Trump on Wednesday said pharmaceutical companies are “getting away with murder” in what they charge the government for medicines, and promised that would change, sending drugs stocks sharply lower.
  • Trump on drug prices: Pharma companies are ‘getting away with murder’

SAN FRANCISCO — At his first news conference as president-elect on Wednesday, Donald Trump accused the pharmaceutical industry of “getting away with murder” and said that he would change the way the country bids on drugs to bring prices and spending down.

“Pharma has a lot of lobbies, a lot of lobbyists and a lot of power. And there’s very little bidding on drugs,” Trump said during the event at Trump Tower in New York. “We’re the largest buyer of drugs in the world, and yet we don’t bid properly.”

Federal law forbids the government from negotiating with drug companies to bring down the price of drugs for seniors using Medicare. While Trump did not announce a specific plan to address the issue, he has in the past called for ending the policy — a proposal that Democratic lawmakers have repeatedly put forward.

  • Drug stocks tanked after President-elect Donald Trump, in his first press conference since the election, complained about big price increases and put the industry on notice. Trump said that many companies were “getting away with murder” and that there would be more competitive bidding practices for federal contracts in his administration.
  • NEW YORKS. President-elect Donald Trump on Wednesday said pharmaceutical companies are “getting away with murder” in what they charge the government for medicines, and promised that would change, sending drugs stocks sharply lower.
  • President-elect Donald Trump went after drug makers in the opening remarks of his press conference Wednesday, calling the industry’s practices “disastrous” and suggested the government should negotiate drug prices. Trump had endorsed having Medicare negotiate drug prices — a long-time Democratic position which Republicans have opposed. “The other thing we have to do is create new bidding procedures for the drug industry, because they’re getting away with murder, pharma. Pharma has a lot of lobbies, a lot of lobbyists, a lot of power. And there’s very little bidding on drugs,” he said.

 

 

 

Drug Goes From $13.50 a Tablet to $750, Overnight

Big Pharma greed on parade and out of control

The total greed of Big Pharma is on parade this week as a company called Turing Pharmaceuticals took ownership of a lifesaving medication that treats parasitic infections like malaria. The pill — mostly purchased by AIDS and cancer patients — used to cost $1 each. But now, thanks to Turing Pharmaceuticals and its profiteering CEO Martin Shkreli, each pill will cost you $750.

Why is Turing Pharmaceuticals charging $750 a pill? Because they CAN. Like every other drug company in the world, they’re going to gouge the consumer and extract the maximum dollars possible. Big Pharma is really about the profits, you see, and not at all interested in “helping humanity” as their ridiculous TV ads claim.

This Daraprim pill, by the way, probably costs about 20 cents to manufacture, and it’s probably manufactured in India or Puerto Rico, where most drugs are made and then exported to the USA. How does Turing Pharmaceuticals justify $750 a pill? According to the pharma douchebag Martin Shkreli, it’s “a bargain for health insurers” at $750.

A bargain compared to what? A bargain compared to all the other monopoly-priced drugs, he says. And that’s how insane the monopoly has become, by the way: When a pill that sells for $750 is called “a bargain,” you know you’re living under a monopolistic profiteering medical cartel. And it is, truly, a protected cartel. Who’s protecting it? The corrupt government, of course… starting with the FDA.

Learn more: http://www.naturalnews.com/051270_Big_Pharma_profiteering_Turing_Pharmaceuticals_price_gouging.html#ixzz3nhNmBhAN

http://www.nytimes.com/2015/09/21/business/a-huge-overnight-increase-in-a-drugs-price-raises-protests.html?_r=0

The Global Problem With Overdiagnosis and Overtreatment

Now, two new studies published Monday in the medical journal TheBMJ highlight the global problem with overtreatment in both breast cancer and heart disease.

A team of researchers conclude that hypertension is being overtreated in people with mild cases of the disease. The researchers write that about 40% of adults worldwide have hypertension, and more than half of those people have mild cases of the disease (meaning they’re low risk and don’t have existing cardiovascular disease). But more than half of people with mild hypertension are being treated with blood pressure-lowering drugs–even though the research on whether this reduces cardiovascular-related disease and death is not established. The researchers argue that the practice is unnecessary and costs $32 billion each year in the U.S. alone.

Instead of recommending lifestyle modifications proven to work, like cutting back on alcohol and exercising more, many doctors opt for drugs because they want to do something right away …..

Read more: http://time.com/3379349/overdiagnosis-and-overtreatment/

The sickness of our private healthcare services

“If I keep this oath faithfully, may I enjoy my life and practise my art, respected by all humanity and in all times; but if I swerve from it or violate it, may the reverse be my life.”
– The Hippocratic Oath

It would have cost the local patients an arm and a leg to receive treatment in these hospitals but Mary said, “If the service is compatible with the amount I pay for, why not? The problem with the private hospitals here is that I’m not even getting the value for my money.”

Read more: http://www.themalaysianinsider.com/opinion/lim-ka-ea/article/the-sickness-of-our-private-healthcare-services

The Disease Machine: Why Drug Makers Keep You Sick

Why are ineffective and dangerous drugs peddled by supposed ‘public health’ organizations in place of well-established natural solutions with virtually zero side effects? The truth of the matter is that drug makers simply would not profit if the world were to awaken to the plethora of free health-promoting substances that beat out over-priced pharmaceuticals and medical interventions.

There would be no need for pharmaceutical manufacturers, phony ‘public health’ organizations peddling the latest ‘miracle’ drug, and certainly no research organizations feeding off the donations of good-hearted individuals.

The truth of the matter is that scientific evidence is the very thing disproving the safety and effectiveness of pharmaceutical drugs as well as highlighting the surplus of beneficial properties associated with inexpensive and free vital nutrients.

Contrast: Cancer Drugs Causing ‘Mega’ Tumors, Turmeric Reduces Tumors by 81%

It was recently revealed that cancer drugs, toted as the only choice among chemotherapy for many cancer sufferers by ‘public health’ groups, are actually causing massive tumors and subsequently killing the patient. The cancer drugs were found to not only be completely ineffective, but deadly. These are the same drugs that are sold for a premium price and considered to be scientifically validated.

Meanwhile, peer-reviewed research has found that a spice known as turmeric can reduce tumors by 81% naturally.  Researchers found that curcumin (a derivative of turmeric) dramatically decreased brain tumors in 9 out of the 11 studies examined by 81 percent. Furthermore, there was no evidence of toxicity. Widely used as a spice in South Asian and Middle Eastern countries, turmeric is continually being pinpointed as an extremely potent anti-cancer solution. What’s more is the fact that turmeric is extremely inexpensive, and can be found around the globe — from Saudi Arabia to Kentucky.

This is just one example of scientific research validating natural alternatives while simultaneously pinpointing the extreme dangers associated with mainstream pharmaceuticals pushed as the only treatment by drug companies.

Drug makers want you to remain sick, tired, and looking for pharmaceutical solutions. A real paradigm shift is coming — the gears of the disease machine are slowing to a halt.

Read more:  http://www.infowars.com/the-disease-machine-why-drug-makers-keep-you-sick/

Study: Hospitals ‘Profit Handsomely’ From Surgical Errors

Hospitals nearly triple their profits when they make surgical errors, compared to how much they make when patients don’t suffer harm, according to a new study published in the Journal of the American Medical Association (JAMA).

On average, the hospitals studied reaped an extra $30,500 in profits when a patient developed one or more potentially preventable surgical complications because insurance plans pay more for longer stays and extra care, the study found.

Some surgical mishaps boosted profits by up to $44,000 per patient, reported researchers from the Boston Consulting Group, Harvard, and Texas Health Resources, a large nonprofit hospital system.

“It’s shocking, crazy and perverse that hospitals are being financially rewarded for harming patients, while the prize for hospitals that are working hard to improve patient safety and reduce surgical errors is losing money,” says Barry Rosenberg, MD, a coauthor of the study and a partner in the Boston Consulting Group.

Lethal Hospital Mistakes on the Rise

In 1999, the Institute of Medicine published a report saying that hospital errors killed nearly 100,000 Americans a year—a rate of lethal medical harm comparable to four jumbo jets crashing each week.

Overall, an estimated 15 million Americans (out of 37 million who are admitted) suffer medical harm in hospitals annually, according to the Institute for Healthcare Improvement. Along with the human toll, hospital errors cost the healthcare system $17.1 billion a year, another recent study reported.

A System That Rewards Substandard Care

Widow Billed for Care That Killed Her Husband

Read more: http://health.yahoo.net/experts/dayinhealth/study-hospitals-profit-handsomely-surgical-errors#.UXqKQ84dFSc.email