Author: gotohell

Are Western Drug Companies Wicked or Greedy? [Copy link] 中文

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Post time 2008-4-16 18:10:21 |Display all floors
Sara,

It is my duty to inform you that GTH is actually British, not Chinese.
"Justice prevails... evil justice."

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Rank: 8Rank: 8

Post time 2008-4-16 20:51:50 |Display all floors
The Western Pharmaceutical companies have the dollar sign as their god . To the altar of avarice and greed come the shylocks to pray and offer sacrifices .

#1.  Price is prohibitive for the third world sufferers . Not as if they have not made enough selling them in wealthy countries , they want to screw the poor and disadvantaged as well .  They can allow local drug manufacturers to produce the generics at a fraction of the cost and be humane about it . This lot of business would not be there if the high price persists . So this humanitarian act does not bring down their normal profit . But they won't do it .

#2.  Even western patients do not escape their claws. They are so many drugs which have well documented clinical evidence of serious side effects from heart attacks and stroke , but the pharmaceutical companies with hold those data and hope to push more profits till they are found out . The gigantic payouts after court cases prove it worth their while to cheat . Lots are never revealed .

Shylocks are alive and well and live in a pharmacy near you !!

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Post time 2008-4-16 21:11:18 |Display all floors

There is a simple solution...

... either ban the drugs from export or just stop working creating the drugs.

Investors can always look for other ways to make long term profit.
China's Eccentric 'Uncle Laowai' from Chicago, IL

http://blog.chinadaily.com.cn/home.php?mod=space&uid=135031&do=blog&view=me&from=space

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Post time 2008-4-16 21:27:05 |Display all floors
Actually, the drug can be cheaper but they are hiding behind the patent law to make money. In short, they are greedy.

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Post time 2008-4-16 22:25:07 |Display all floors
all companies are greedy,including western companies and companies in the third world.
company's goal is to creat ecnomic profit

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Post time 2008-4-16 22:27:15 |Display all floors
All companies are greedy,regardless of the western companies or that in the third world

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Rank: 8Rank: 8

Post time 2008-4-17 04:49:25 |Display all floors

This Tide is Turning Too .

The is a warped perception that only western nations can produce new drugs . The West does have a commanding lead in their scientific and laboratory R&Ds and they are to be praised for this . However , a huge amount of medicine have been " borrowed , stolen or simply pilfered " from the traditionalists and herbal medicine fraternities through out the world .

From now on , as the money for R&D starts to come from the East , new drugs will appear from Eastern research centers . Bear that in mind when expensive drugs start to get beyond the reach of the average American or European because their patents are from China and Japan ( and South Korea ).:)

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