Economy

unhappycamper

(60,364 posts) Sat Jul 11, 2015, 07:50 AM Jul 2015

Latest TPP Draft Benefits Big Pharma By Slashing Access to Generics

http://www.commondreams.org/news/2015/07/10/latest-tpp-draft-benefits-big-pharma-slashing-access-generics

In secret talks, the Obama administration is seeking to foist corporate-friendly policies on other countries that he has opposed in the United States, new reporting reveals

Latest TPP Draft Benefits Big Pharma By Slashing Access to Generics
Sarah Lazare
Friday, July 10, 2015

With another round of Trans-Pacific Partnership negotiations slated for the end of this month, the administration of President Barack Obama is aiming to force developing nations to adopt Big Pharma-friendly policies that are so bad for public health Obama himself has opposed them in the United States.

Citing leaked drafts of the agreement, as well as officials "familiar with the latest May 11 version," Bloomberg journalist Peter Gosselin reported Friday that the deal is likely to include provisions that are almost certain to hike medicine costs while slashing access to generic drugs around the world: "At stake: hundreds of billions of dollars or more in extra costs that consumers may have to pay if the proposals make it harder for cheaper generics to win approval."

In the negotiations, Obama is pursuing corporate-friendly policies he has rejected at home.

For example, "U.S. negotiators want to win makers of advanced drugs 12 years of exclusivity for data that might otherwise help competitors produce similar, cheaper versions," wrote Gosselin. However, the Obama administration has sought, within the United States, to reduce that period to seven years.

12 replies

= new reply since forum marked as read

Highlight:

Latest TPP Draft Benefits Big Pharma By Slashing Access to Generics (Original Post) unhappycamper Jul 2015 OP

Doxycyclone was $10 a bottle, now $250. This is BEFORE TPP changes go into effect..... peacebird Jul 2015 #1

Shut up and eat your peas!!!!! Fuddnik Jul 2015 #2

The whole medical industry is out of control kacekwl Jul 2015 #3

but, but think of the workers in Timbuktu! KG Jul 2015 #4

You forgot about donating your job to their slavery! Fuddnik Jul 2015 #11

let's see. is it "It's not done yet" day, or is it "corporations are great" day? Doctor_J Jul 2015 #5

Of course! newfie11 Jul 2015 #6

Drugs in America are sorefeet Jul 2015 #7

And now the rest of the world will be mandated to be gouged the same as we are. djean111 Jul 2015 #9

50-80% higher would be a bargain for some drugs. Fuddnik Jul 2015 #12

No vote from me or anyone and everyone I can influence, for anyone who voted for or djean111 Jul 2015 #8

The Transparency President Angry Dragon Jul 2015 #10

peacebird

(14,195 posts)

1. Doxycyclone was $10 a bottle, now $250. This is BEFORE TPP changes go into effect.....

Reply to unhappycamper (Original post)

Sat Jul 11, 2015, 08:18 AM

Jul 2015

Pharma will gouge the everloving life out of us all....

"It's a change that occurred overnight," said Vanderbilt pharmacy manager Michael O'Neil.

Not long ago, the pharmacy at Vanderbilt's hospital could purchase a 50-count bottle of 100 mg doxycycline tablets for $10, but now the same bottle costs a staggering $250.

Read more: http://www.wsmv.com/story/21616095/sudden-increase-in-cost-of-common-drug-concerns-many#ixzz3faIusJlc

Fuddnik

(8,846 posts)

2. Shut up and eat your peas!!!!!

Reply to unhappycamper (Original post)

Sat Jul 11, 2015, 08:33 AM

Jul 2015

Or, as Ralph Nader calls it, "Americas pay or die healthcare system".

kacekwl

(7,017 posts)

3. The whole medical industry is out of control

Reply to unhappycamper (Original post)

Sat Jul 11, 2015, 08:53 AM

Jul 2015

hospital charges, test charges, ridiculous fees to fill out forms, on and on. Not to mention the corrupt insurance industry . Now this. The free market capitalists will squeeze every cent from you with the help of our government.

KG

(28,751 posts)

4. but, but think of the workers in Timbuktu!

Reply to unhappycamper (Original post)

Sat Jul 11, 2015, 09:18 AM

Jul 2015

your being gouged raises their standard of living!

Fuddnik

(8,846 posts)

11. You forgot about donating your job to their slavery!

Reply to KG (Reply #4)

Sat Jul 11, 2015, 10:42 AM

Jul 2015

Things are so rosy here in LaLa Land.

Doctor_J

(36,392 posts)

5. let's see. is it "It's not done yet" day, or is it "corporations are great" day?

Reply to unhappycamper (Original post)

Sat Jul 11, 2015, 09:19 AM

Jul 2015

BOG, help me out here.

newfie11

(8,159 posts)

6. Of course!

Reply to unhappycamper (Original post)

Sat Jul 11, 2015, 09:22 AM

Jul 2015

We knew this was going to happen with TPP. This was one of the few leaks.
All I can say is the repug plan for if you get sick seems to be coming true, hurry up and die!

I shudder at what other revelations are yet to come!

sorefeet

(1,241 posts)

7. Drugs in America are

Reply to unhappycamper (Original post)

Sat Jul 11, 2015, 09:40 AM

Jul 2015

50 to 80% higher than any other civilized country. Maybe we aren't so civilized. Maybe big pharma has the sin of GREED like the cancer doctor who is going to prison. What is the difference between him and big pharma???? Both are harming and killing people with their own interest of money.

djean111

(14,255 posts)

9. And now the rest of the world will be mandated to be gouged the same as we are.

Reply to sorefeet (Reply #7)

Sat Jul 11, 2015, 10:20 AM

Jul 2015

The ACA was never going to lead to anything but this.

Fuddnik

(8,846 posts)

12. 50-80% higher would be a bargain for some drugs.

Reply to sorefeet (Reply #7)

Sat Jul 11, 2015, 10:45 AM

Jul 2015

The new Hep C cure costs $1,000 per pill, taken daily for 6 months in the US. In other countries, such as Egypt or in Central America, it's less than $1,000 for the entire treatment.

djean111

(14,255 posts)

8. No vote from me or anyone and everyone I can influence, for anyone who voted for or

Reply to unhappycamper (Original post)

Sat Jul 11, 2015, 10:18 AM

Jul 2015

shilled for these "trade agreements". And I am adding in any politician who belongs to that New Democrat Coalition, because they are DINOs, and because Pelosi was really careful in orchestrating votes - those who would be quickest hurt by voting yes could safely vote no without Pelosi and Obama being concerned about passage. All a dog and pony show.

Angry Dragon

(36,693 posts)

10. The Transparency President

Reply to unhappycamper (Original post)

Sat Jul 11, 2015, 10:41 AM

Jul 2015

Reply to this discussion