Friday, October 14, 2011

Shortage of Drugs A Good Thing Or A Bad Thing?

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http://www.foxnews.com/health/2011/10/13/hospital-drug-shortages-threaten-patient-health-prove-costly/
“There appears to be no single reason for the shortages. Some pharmaceutical companies have experienced manufacturing delays. Raw materials may be in short supply. And because most of these drugs have been off-patent for years, some drug companies don’t want to spend the money to upgrade lines to produce drugs with slim profit margins.”
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For years we’ve been hammered by media exposes about Those Darn Rich Nasty Drug Companies. They make too much money, their drugs are not compatible with every one of the millions of users who use and abuse them; we should all go to Canada where drugs are cheap, stop the patents and lets go with China-Generics, etc, etc.
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There can’t possibly be a problem – Congress just passed ObamaCare; Therefore THE GOVERNMENT will invent, certify, manufacture, distribute and dispense whatever drugs and healthcare we need, free, and when and where we want them! Works in Canada, doesn’t it? NOT so much!
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Who spends BILLIONS of dollars of private investment money to develop the next drugs? Perhaps it’s the untidy folks camped out in the parks protesting capitalism. Perhaps it’s the bureaucrats in Washington and in the Atlanta CDC. How about in the socialist countries of Norway, Sweden, England? Apparently NOT! How about in the communist countries of Russia, Venezuela and Cuba? For sure NOT!
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Maybe we’re seeing the beginning of the end of our major American drug companies who have been THE major driver of THE drugs that have saved and prolonged and enhanced our quality of life and who have been maligned at every turn and opportunity.
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Would it be poetic justice, perhaps karma, if the drug shortage impacted only those who have been the nemesis of the American private enterprise drug system including those in media, politicians, AARP, ACLU and all their friends and family and associates.
Not a chance! History demonstrates that they will be the ones who will be least impacted.
Only the good die young!
http://www.youtube.com/watch?v=NJBoHa3GArA
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Prior Items:
http://roanokeslant.blogspot.com/2009/07/george-bush-healthcare-medicare-part-d.html
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http://roanokeslant.blogspot.com/2006/09/cheap-fake-drugs.html
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http://roanokeslant.blogspot.com/2006/01/drugmaker-stock.html
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http://roanokeslant.blogspot.com/2005/11/merk-train-wreck.html
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http://roanokeslant.blogspot.com/2005/08/vioxx-jury.html
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