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Price of 40-year-old cancer drug hiked 1,400% by new owners
Topic Started: Dec 30 2017, 05:09 PM (307 Views)
Eddo26
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https://www.cbsnews.com/news/cancer-drug-lomustine-price-hiked-1400-percent-by-new-owners/

Prices for a cancer drug called lomustine have skyrocketed nearly 1,400 percent since 2013, putting a potentially life-saving treatment out of reach for patients suffering from brain tumors and Hodgkin's lymphoma. Though the 40-year-old medication is no longer protected by patents, no generic version is available.

According to the Wall Street Journal, lomustine was sold by Bristol-Myers Squib for years under the brand name CeeNU at a price of about $50 a capsule for the highest dose. The drugmaker sold lomustine in 2013 to a little-known Miami startup called NextSource, which proceeded to hike lomustine's price nine times since. It now charges about $768 per pill for the medication.

According to an analysis done for the Journal by Truveen Health Analytics and Elsevier, NextSource this year raised prices for the drug, which it rebranded as Gleostine, by 12 percent in November following a 20 percent increase in August.
We believe only what we want to believe.
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RaiderNation
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There's a special place in hell for such profiteers.
Will Munny: "Deserve's got nothin' to do with it..."
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Robert Stout
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This drug is less effective and has more side effects than other drugs used in brain cancer....None of these drugs permanently control brain cancer....I recommend spending your money for booze............ :oyvey
Jesus can raise the dead, but he can't fix stupid
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PATruth
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If it's a 40 year old drug the patent has expired and anyone can make a generic version. Still despicable but....
"No. No he won't. We'll stop it."
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Tsalagi
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PATruth
Dec 30 2017, 06:05 PM
If it's a 40 year old drug the patent has expired and anyone can make a generic version. Still despicable but....
There is no but here PA....there really isn't....it's just despicable.
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PATruth
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Tsalagi
Dec 30 2017, 06:19 PM
PATruth
Dec 30 2017, 06:05 PM
If it's a 40 year old drug the patent has expired and anyone can make a generic version. Still despicable but....
There is no but here PA....there really isn't....it's just despicable.
There is a but, if they own the drug they are free to determine the price. The question is where are the generics? Also, let public opinion take it's toll, that's bad press. What do you suggest? Price controls?
Edited by PATruth, Dec 30 2017, 06:22 PM.
"No. No he won't. We'll stop it."
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Tsalagi
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PATruth
Dec 30 2017, 06:22 PM
Tsalagi
Dec 30 2017, 06:19 PM
PATruth
Dec 30 2017, 06:05 PM
If it's a 40 year old drug the patent has expired and anyone can make a generic version. Still despicable but....
There is no but here PA....there really isn't....it's just despicable.
There is a but, if they own the drug they are free to determine the price. The question is where are the generics? Also, let public opinion take it's toll, that's bad press. What do you suggest? Price controls?
I want you to look into the face of someone from my oncology department at my last employer, tell a woman who has cancer or Hodgkin's disease that their $50 pill is now $748 and justify that when you look at them. I'm all for making a profit....but this is profiteering, and it's obscene to hold that kinda control over someone's life.

"Let public opinion take it's toll"...and how many must suffer until such time as bad press convinces them to lower the price down?
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PATruth
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Tsalagi
Dec 30 2017, 06:36 PM
PATruth
Dec 30 2017, 06:22 PM
Tsalagi
Dec 30 2017, 06:19 PM
PATruth
Dec 30 2017, 06:05 PM
If it's a 40 year old drug the patent has expired and anyone can make a generic version. Still despicable but....
There is no but here PA....there really isn't....it's just despicable.
There is a but, if they own the drug they are free to determine the price. The question is where are the generics? Also, let public opinion take it's toll, that's bad press. What do you suggest? Price controls?
I want you to look into the face of someone from my oncology department at my last employer, tell a woman who has cancer or Hodgkin's disease that their $50 pill is now $748 and justify that when you look at them. I'm all for making a profit....but this is profiteering, and it's obscene to hold that kinda control over someone's life.

"Let public opinion take it's toll"...and how many must suffer until such time as bad press convinces them to lower the price down?
I don't have to look anyone in the face, I haven't an ounce of guilt. How do you look a poor senior citizen in the face when you throw her out of her house for back taxes? Your outrage is selective and predictable.
"No. No he won't. We'll stop it."
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Robert Stout
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Most oncologists and most cancer drugs are snake oil salesmen...It is suspicious when "cancer treatment centers" spend millions on TV ads........ :mad:
Jesus can raise the dead, but he can't fix stupid
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Eddo26
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Robert Stout
Dec 31 2017, 12:35 AM
Most oncologists and most cancer drugs are snake oil salesmen...It is suspicious when "cancer treatment centers" spend millions on TV ads........ :mad:
Do you have a treatment that can treat cancer better?
We believe only what we want to believe.
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RaiderNation
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Don't feed the troll.
Will Munny: "Deserve's got nothin' to do with it..."
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Mr. Tik
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PATruth
Dec 30 2017, 06:22 PM
Tsalagi
Dec 30 2017, 06:19 PM
PATruth
Dec 30 2017, 06:05 PM
If it's a 40 year old drug the patent has expired and anyone can make a generic version. Still despicable but....
There is no but here PA....there really isn't....it's just despicable.
There is a but, if they own the drug they are free to determine the price. The question is where are the generics? Also, let public opinion take it's toll, that's bad press. What do you suggest? Price controls?
Who needs ethics when profit is involved?
You may be a conservative republican..if you are pro life until you get your mistress knocked up
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Robert Stout
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Eddo26
Dec 31 2017, 04:21 AM
Robert Stout
Dec 31 2017, 12:35 AM
Most oncologists and most cancer drugs are snake oil salesmen...It is suspicious when "cancer treatment centers" spend millions on TV ads........ :mad:
Do you have a treatment that can treat cancer better?
For one, live TB germs treat bladder cancer the best........... :biggrin:
Jesus can raise the dead, but he can't fix stupid
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The Inquisitor
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PATruth
Dec 30 2017, 06:22 PM
Tsalagi
Dec 30 2017, 06:19 PM
PATruth
Dec 30 2017, 06:05 PM
If it's a 40 year old drug the patent has expired and anyone can make a generic version. Still despicable but....
There is no but here PA....there really isn't....it's just despicable.
There is a but, if they own the drug they are free to determine the price. The question is where are the generics? Also, let public opinion take it's toll, that's bad press. What do you suggest? Price controls?
"The question is where are the generics?"

Good Question.... :confused:
Warning....Leftist's Post Here....Take Precautions
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EmperorNortonII

The Inquisitor
Jan 1 2018, 12:56 AM
PATruth
Dec 30 2017, 06:22 PM
Tsalagi
Dec 30 2017, 06:19 PM
PATruth
Dec 30 2017, 06:05 PM
If it's a 40 year old drug the patent has expired and anyone can make a generic version. Still despicable but....
There is no but here PA....there really isn't....it's just despicable.
There is a but, if they own the drug they are free to determine the price. The question is where are the generics? Also, let public opinion take it's toll, that's bad press. What do you suggest? Price controls?
"The question is where are the generics?"

Good Question.... :confused:
Maybe someone should start a business for the purpose of making generic drugs like this. Small-batch... like craft beer, but for cancer.

If I had to guess, it'd take so damned long to get FDA approval that the company'd go bankrupt... crap, I think I just figured out why there are no generics. FDA approval is so costly you can't make any money on it.
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ringotuna
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EmperorNortonII
Jan 1 2018, 03:17 AM
The Inquisitor
Jan 1 2018, 12:56 AM
PATruth
Dec 30 2017, 06:22 PM
Tsalagi
Dec 30 2017, 06:19 PM
PATruth
Dec 30 2017, 06:05 PM
If it's a 40 year old drug the patent has expired and anyone can make a generic version. Still despicable but....
There is no but here PA....there really isn't....it's just despicable.
There is a but, if they own the drug they are free to determine the price. The question is where are the generics? Also, let public opinion take it's toll, that's bad press. What do you suggest? Price controls?
"The question is where are the generics?"

Good Question.... :confused:
Maybe someone should start a business for the purpose of making generic drugs like this. Small-batch... like craft beer, but for cancer.

If I had to guess, it'd take so damned long to get FDA approval that the company'd go bankrupt... crap, I think I just figured out why there are no generics. FDA approval is so costly you can't make any money on it.
I'm not certain ENort, but I believe those regulatory, approval and product development costs would have already been borne by the developer.
Ringoism: Never underestimate the advantages of being underestimated.
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EmperorNortonII

ringotuna
Jan 1 2018, 04:17 AM
EmperorNortonII
Jan 1 2018, 03:17 AM
The Inquisitor
Jan 1 2018, 12:56 AM
PATruth
Dec 30 2017, 06:22 PM
Tsalagi
Dec 30 2017, 06:19 PM

Quoting limited to 5 levels deep
There is a but, if they own the drug they are free to determine the price. The question is where are the generics? Also, let public opinion take it's toll, that's bad press. What do you suggest? Price controls?
"The question is where are the generics?"

Good Question.... :confused:
Maybe someone should start a business for the purpose of making generic drugs like this. Small-batch... like craft beer, but for cancer.

If I had to guess, it'd take so damned long to get FDA approval that the company'd go bankrupt... crap, I think I just figured out why there are no generics. FDA approval is so costly you can't make any money on it.
I'm not certain ENort, but I believe those regulatory, approval and product development costs would have already been borne by the developer.
So, I actually just read the whole article, and I was right. The Trump Administration is trying to fast-track a ton of generic approvals.... at least 300. This drug doesn't have a generic competitor because of the FDA.

That being said, given that Trump has to fast-track approval of a generic for a 40-year old drug, can I get a "xxxx Obama with Ron Jeremy's dick?"
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Robert Stout
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EmperorNortonII
Jan 1 2018, 03:17 AM
The Inquisitor
Jan 1 2018, 12:56 AM
PATruth
Dec 30 2017, 06:22 PM
Tsalagi
Dec 30 2017, 06:19 PM
PATruth
Dec 30 2017, 06:05 PM
If it's a 40 year old drug the patent has expired and anyone can make a generic version. Still despicable but....
There is no but here PA....there really isn't....it's just despicable.
There is a but, if they own the drug they are free to determine the price. The question is where are the generics? Also, let public opinion take it's toll, that's bad press. What do you suggest? Price controls?
"The question is where are the generics?"

Good Question.... :confused:
Maybe someone should start a business for the purpose of making generic drugs like this. Small-batch... like craft beer, but for cancer.

If I had to guess, it'd take so damned long to get FDA approval that the company'd go bankrupt... crap, I think I just figured out why there are no generics. FDA approval is so costly you can't make any money on it.
This sounds like a job for Tik............. :)
Jesus can raise the dead, but he can't fix stupid
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Tsalagi
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EmperorNortonII
Jan 1 2018, 07:03 AM
ringotuna
Jan 1 2018, 04:17 AM
EmperorNortonII
Jan 1 2018, 03:17 AM
The Inquisitor
Jan 1 2018, 12:56 AM
PATruth
Dec 30 2017, 06:22 PM

Quoting limited to 5 levels deep
"The question is where are the generics?"

Good Question.... :confused:
Maybe someone should start a business for the purpose of making generic drugs like this. Small-batch... like craft beer, but for cancer.

If I had to guess, it'd take so damned long to get FDA approval that the company'd go bankrupt... crap, I think I just figured out why there are no generics. FDA approval is so costly you can't make any money on it.
I'm not certain ENort, but I believe those regulatory, approval and product development costs would have already been borne by the developer.
So, I actually just read the whole article, and I was right. The Trump Administration is trying to fast-track a ton of generic approvals.... at least 300. This drug doesn't have a generic competitor because of the FDA.

That being said, given that Trump has to fast-track approval of a generic for a 40-year old drug, can I get a "xxxx Obama with Ron Jeremy's dick?"
Both you and PA have deflected from the price gouging that occured when a $50 pill was hiked to $748...if this was during a time of war, the company would have been charged with war profiteering.

While PA feels no guilt...I've had to walk thru oncology wards...had to sit down with patients..and I am the one who has to tell them the changes to their medication. The only factor that accounted for the change was the medicine sold to a little start up...who promptly wanted money fast and hiked it NINE times in rapid succession.
Edited by Tsalagi, Jan 1 2018, 07:45 AM.
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EmperorNortonII

Robert Stout
Jan 1 2018, 07:07 AM
EmperorNortonII
Jan 1 2018, 03:17 AM
The Inquisitor
Jan 1 2018, 12:56 AM
PATruth
Dec 30 2017, 06:22 PM
Tsalagi
Dec 30 2017, 06:19 PM

Quoting limited to 5 levels deep
There is a but, if they own the drug they are free to determine the price. The question is where are the generics? Also, let public opinion take it's toll, that's bad press. What do you suggest? Price controls?
"The question is where are the generics?"

Good Question.... :confused:
Maybe someone should start a business for the purpose of making generic drugs like this. Small-batch... like craft beer, but for cancer.

If I had to guess, it'd take so damned long to get FDA approval that the company'd go bankrupt... crap, I think I just figured out why there are no generics. FDA approval is so costly you can't make any money on it.
This sounds like a job for Tik............. :)
I expect there to be s**tty human beings, Tsalgi1. Life sucks. it happens.

It's not deflecting to point out that the Federal Government is aiding and abetting this asshole corporation by not approving generic versions of drugs fast enough. Trump is trying to prioritize this at the FDA, as the article mentions, but all the same- I wouldn't *have* to account for some s**thead's greed if the market was a little freer.
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