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Topic Title: Time to get PAID!
Topic Summary: Or, time to pay for threatening capital
Created On: 08/12/2022 05:35 AM
Linear : Threading : Single : Branch
 Time to get PAID!   - RustyTruck - 08/12/2022 05:35 AM  
 Time to get PAID!   - Greensleeves - 08/12/2022 05:46 AM  
 Time to get PAID!   - tpapablo - 08/12/2022 06:04 AM  
 Time to get PAID!   - Cole - 08/12/2022 06:07 AM  
 Time to get PAID!   - StirfryMcflurry - 08/12/2022 06:12 AM  
 Time to get PAID!   - RustyTruck - 08/12/2022 06:53 AM  
 Time to get PAID!   - OBX - 08/12/2022 12:14 PM  
 Time to get PAID!   - WG - 08/12/2022 12:31 PM  
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 08/12/2022 05:35 AM
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RustyTruck

Posts: 33300
Joined Forum: 08/02/2004

If you're a politician that is.

Big Pharma needs some favors...


For decades, the drug industry has yelled bloody murder each time Congress considered a regulatory measure that threatened its profits. But the hyperbole reached a new pitch in recent weeks as the Senate moved to adopt modest drug pricing negotiation measures in the Inflation Reduction Act.

The bill "could propel us light-years back into the dark ages of biomedical research," Dr. Michelle McMurry-Heath, president of the Biotechnology Innovation Organization, said last month. Venture capitalists and other opponents of the bill said that it "immediately will halt private funding of drug discovery and development."
Steve Ubl, leader of the ubiquitous Pharmaceutical Research and Manufacturers of America, or PhRMA, called the bill's Senate passage on Aug. 7 a "tragic loss for patients." He threatened in an interview with Politico to make politicians suffer if they voted for the measure, adding that "few associations have all the tools of modern political advocacy at their disposal in the way that PhRMA does."

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Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".
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