Xkcd statistics dating
Xkcd statistics dating - robin thicke dating 2016
Someone on a drugs forum hears about a cool experimental chemical that sounds fun to try.
You could only fill about a quarter of a baseball stadium with the number of people who take the drug in a given year.
So think about a generic drug manufacturer looking at the Daraprim situation.
There are fixed costs associated with building a new plant (or possible lost revenue on other drugs, if they switch production at an existing plant), getting samples of the drug, and figuring out how to make the generic product…with Daraprim, there simply isn’t a big enough patient population for a competitor to sell a “good amount” to.
After twenty years, the drug becomes public domain and anybody who wants can compete to produce it, usually leading to a precipitous fall in costs.
But Daraprim is fifty years old; its patent is long-since expired.
I bet if a group from Longecity got a couple of toxoplasma patients together for a group buy, they could all get treatments for maybe a few hundred dollars each instead of the ,000 Turing is now charging.
In fact, I encourage somebody to do exactly that as an act of civil disobedience/political activism and win themselves some free publicity.
Like many people, I recently read about Turing Pharmaceuticals’ purchase of anti-toxoplasma drug Daraprim and subsequent price increase of 5000%.
Vox and Marginal Revolution have already done some good work addressing this particular case, but have only touched upon the broader issue: that everything about generic medications is approximately this terrible.
As far as I’m concerned, the interesting aspect of this case isn’t just that the CEO of Turing is an asshole who is lining his own pockets with zillions of dollars by gouging AIDS patients.
I assume most pharmaceutical company CEOs are assholes who would line their own pockets with zillions of dollars by gouging AIDS patients if the opportunity presented itself.
This might not seem so bad, but it must be harder than it sounds.