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View Diary: Could Big Pharma be slapped down by SCOTUS? (52 comments)

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  •  The "basic research" is really inexpensive (2+ / 0-)
    Recommended by:
    ScienceMom, erush1345

    compared to the actual commercialization and clinical translation of a drug.

    •  But it has to be done before the cherry flavor and (1+ / 0-)
      Recommended by:
      mikejay611

      pretty colors are added.

      Are you trying to defend the price gouging by drug companies?

      *Are we humans or are we dancers?* Annie Lennox (thx Words In Action & OPOL)

      by glorificus on Tue Mar 26, 2013 at 09:48:01 AM PDT

      [ Parent ]

      •  Price gouging? (0+ / 0-)

        The companies have a fiduciary responsibility to their shareholders to maximize profits (just like in any other economic sector . . .).

        So they price their products at the highest that the market will bear.  What other option do they have?  If the didn't do this, they'd be opening themselves to lawsuits from their investors.

        If you don't like any or all of that, don't buy their products, it is really quite simple.

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