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Read the rules in the OP before posting, please.In order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a re-read to refresh your memory! The vast majority of you are contributing in a healthy way, keep it up! NOTE: When providing a source, explain why you feel it is relevant and what purpose it adds to the discussion if it's not obvious. Also take note that unsubstantiated tweets/posts meant only to rekindle old arguments can result in a mod action. |
Anthony Weiner was apparently caught sexting with a 15 year old.
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On September 22 2016 06:57 Rebs wrote:Show nested quote +On September 22 2016 06:55 Plansix wrote:On September 22 2016 06:49 GreenHorizons wrote:On September 22 2016 06:37 Plansix wrote:On September 22 2016 06:27 ragz_gt wrote:On September 22 2016 06:25 Plansix wrote:On September 22 2016 06:15 {CC}StealthBlue wrote:God I hate this bitch... The drug company that makes the EpiPen says it isn't nearly as profitable as many people assume it is.
At least that's the message Mylan NV CEO Heather Bresch will try to deliver to members of Congress today.
Bresch, who is scheduled to testify before the House Oversight and Government Reform Committee, is expected to tell lawmakers that the company earns $100 profit on each two-pack of EpiPen auto-injectors, even though they carry a $600 price tag.
"The misconception about our profits is understandable, and at least partly due to the complex environment in which pharmaceutical prices are determined," Bresch says in prepared testimony. "The pricing of a pharmaceutical product is opaque and frustrating, especially for patients."
Bresch says it costs the company about $69 to make two EpiPens, and after rebates and fees, Mylan receives $274 per EpiPen pack. She says other, unnamed costs absorb an additional $105, leaving $100 in profit for the company.
While the company apparently is looking to use the analysis to downplay its profits, analysts say the margin is still quite high.
Ronny Gal, a pharmaceutical industry analyst at the investment firm Sanford Bernstein, says Bresch's numbers mean Mylan makes a 40 percent profit margin on the device.
The EpiPen is a long, plastic tube that automatically injects a dose of epinephrine — or adrenaline — into a person's thigh to stop an allergic reaction. It's easy to use and portable.
Mylan bought rights to the EpiPen in 2008 and launched an aggressive marketing and awareness campaign. That effort has made the so-called auto-injector a must-have for anyone with a serious allergy — perhaps to bee stings or tree nuts — that may trigger anaphylaxis, a life-threatening reaction in which the airways swell and close.
The company has come under fire in recent months, however, because it raised the price of the device, which has been available for decades, more than 500 percent. Source An almost 30% margin on a product is pretty great normally. Like amazing. Book stores would dream of that. Also the $105 of magically costs need to be detailed. And in other news, Drumpf called for a nationwide stop and frisk policy, because we need more police departments being sued for racial profiling. Which is fine, since Drumpf is also pretty pro-racial profiling. To bad the courts are not. It's 140% margin, as it's 100 in profit I am assuming that they have +$170 in costs and they are not making shit up. In reality we know its a 140% mark up and they are just scum. Its ok, though, we will yell at them, fine them and no one will be charged or anything will happen. Their stock will soar and people will make millions again. Just like Wells Fargo. Just like everything else. The people who work for these companies can commit no crimes. Ever. They are immune. The only thing that will happen is a stern talking to by congress. You make it sound as though you don't support it? I don't. Which is why I voted for Warren in the Senate and will vote for her again when she is up for re-election. You make now make your snarky comments about Clinton doing nothing because it is your sole output in this thread. Well I mean at this point, the "I told you so train" is well of the tracks and onto the moon. I hear it rode there on principal
It is coming from a guy who backed in a socialist that owns more than one half a million dollar home. He so sad after losing the nomination, he bought one more to make himself feel better.
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Trump said this in an African American church, during a black voter outreach event.
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On September 22 2016 05:48 Nyxisto wrote:
Also most examples provided in this thread for value creation outside of the IP system aren't particularly innovative. It's questionable whether the umpteenth music remix adds something to the field of music in the same way that an original piece of music does that is being produced by trained musicians etc...
Open source software is highly innovative but also dependent on large corporations that provide the necessary infrastructure and money to keep the eco system afloat. Most open source developers are still employed in the industry. Mere copying provides value, but not innovation.
what are you talking about? ever heard of linux? apache? not to mention that MOST of the great disruptive innovations got their start from publicly funded work. you are quite demonstrably wrong on almost every count.
dismissing the umpteenth remix as of inconsequential value is not a valid argument for dismissing the aggregate value in cultural innovation that relies upon freely accessible, moddable, and distributable knowledge.
@whitedog
yeah i agree with you, we need more public funding for research
@plansix
yeah its your usual panglossian conservative tropes about how our intellectual property system is great because look, its working, and these are the tired reasons weve always given for why it has to be the way it is (nevermind the music industry or the objectively better products of free software)
im not ignoring anything by the way. its like you missed the point of my metaphor about the bees. selling a bit more honey does not outweigh the positive value creation of opening up pollination
but what about the artists! they need to eat too!
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United Kingdom13775 Posts
On September 22 2016 07:00 Nevuk wrote:
Anthony Weiner was apparently caught sexting with a 15 year old.
What a weiner.
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On September 22 2016 07:02 Plansix wrote:Show nested quote +On September 22 2016 06:57 Rebs wrote:On September 22 2016 06:55 Plansix wrote:On September 22 2016 06:49 GreenHorizons wrote:On September 22 2016 06:37 Plansix wrote:On September 22 2016 06:27 ragz_gt wrote:On September 22 2016 06:25 Plansix wrote:On September 22 2016 06:15 {CC}StealthBlue wrote:God I hate this bitch... The drug company that makes the EpiPen says it isn't nearly as profitable as many people assume it is.
At least that's the message Mylan NV CEO Heather Bresch will try to deliver to members of Congress today.
Bresch, who is scheduled to testify before the House Oversight and Government Reform Committee, is expected to tell lawmakers that the company earns $100 profit on each two-pack of EpiPen auto-injectors, even though they carry a $600 price tag.
"The misconception about our profits is understandable, and at least partly due to the complex environment in which pharmaceutical prices are determined," Bresch says in prepared testimony. "The pricing of a pharmaceutical product is opaque and frustrating, especially for patients."
Bresch says it costs the company about $69 to make two EpiPens, and after rebates and fees, Mylan receives $274 per EpiPen pack. She says other, unnamed costs absorb an additional $105, leaving $100 in profit for the company.
While the company apparently is looking to use the analysis to downplay its profits, analysts say the margin is still quite high.
Ronny Gal, a pharmaceutical industry analyst at the investment firm Sanford Bernstein, says Bresch's numbers mean Mylan makes a 40 percent profit margin on the device.
The EpiPen is a long, plastic tube that automatically injects a dose of epinephrine — or adrenaline — into a person's thigh to stop an allergic reaction. It's easy to use and portable.
Mylan bought rights to the EpiPen in 2008 and launched an aggressive marketing and awareness campaign. That effort has made the so-called auto-injector a must-have for anyone with a serious allergy — perhaps to bee stings or tree nuts — that may trigger anaphylaxis, a life-threatening reaction in which the airways swell and close.
The company has come under fire in recent months, however, because it raised the price of the device, which has been available for decades, more than 500 percent. Source An almost 30% margin on a product is pretty great normally. Like amazing. Book stores would dream of that. Also the $105 of magically costs need to be detailed. And in other news, Drumpf called for a nationwide stop and frisk policy, because we need more police departments being sued for racial profiling. Which is fine, since Drumpf is also pretty pro-racial profiling. To bad the courts are not. It's 140% margin, as it's 100 in profit I am assuming that they have +$170 in costs and they are not making shit up. In reality we know its a 140% mark up and they are just scum. Its ok, though, we will yell at them, fine them and no one will be charged or anything will happen. Their stock will soar and people will make millions again. Just like Wells Fargo. Just like everything else. The people who work for these companies can commit no crimes. Ever. They are immune. The only thing that will happen is a stern talking to by congress. You make it sound as though you don't support it? I don't. Which is why I voted for Warren in the Senate and will vote for her again when she is up for re-election. You make now make your snarky comments about Clinton doing nothing because it is your sole output in this thread. Well I mean at this point, the "I told you so train" is well of the tracks and onto the moon. I hear it rode there on principal It is coming from a guy who backed in a socialist that owns more than one half a million dollar home. He so sad after losing the nomination, he bought one more to make himself feel better.
I don't follow, there's no requirement of being ascetic to be a 'true' socialdem
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On September 22 2016 07:14 Dan HH wrote:Show nested quote +On September 22 2016 07:02 Plansix wrote:On September 22 2016 06:57 Rebs wrote:On September 22 2016 06:55 Plansix wrote:On September 22 2016 06:49 GreenHorizons wrote:On September 22 2016 06:37 Plansix wrote:On September 22 2016 06:27 ragz_gt wrote:On September 22 2016 06:25 Plansix wrote:On September 22 2016 06:15 {CC}StealthBlue wrote:God I hate this bitch... The drug company that makes the EpiPen says it isn't nearly as profitable as many people assume it is.
At least that's the message Mylan NV CEO Heather Bresch will try to deliver to members of Congress today.
Bresch, who is scheduled to testify before the House Oversight and Government Reform Committee, is expected to tell lawmakers that the company earns $100 profit on each two-pack of EpiPen auto-injectors, even though they carry a $600 price tag.
"The misconception about our profits is understandable, and at least partly due to the complex environment in which pharmaceutical prices are determined," Bresch says in prepared testimony. "The pricing of a pharmaceutical product is opaque and frustrating, especially for patients."
Bresch says it costs the company about $69 to make two EpiPens, and after rebates and fees, Mylan receives $274 per EpiPen pack. She says other, unnamed costs absorb an additional $105, leaving $100 in profit for the company.
While the company apparently is looking to use the analysis to downplay its profits, analysts say the margin is still quite high.
Ronny Gal, a pharmaceutical industry analyst at the investment firm Sanford Bernstein, says Bresch's numbers mean Mylan makes a 40 percent profit margin on the device.
The EpiPen is a long, plastic tube that automatically injects a dose of epinephrine — or adrenaline — into a person's thigh to stop an allergic reaction. It's easy to use and portable.
Mylan bought rights to the EpiPen in 2008 and launched an aggressive marketing and awareness campaign. That effort has made the so-called auto-injector a must-have for anyone with a serious allergy — perhaps to bee stings or tree nuts — that may trigger anaphylaxis, a life-threatening reaction in which the airways swell and close.
The company has come under fire in recent months, however, because it raised the price of the device, which has been available for decades, more than 500 percent. Source An almost 30% margin on a product is pretty great normally. Like amazing. Book stores would dream of that. Also the $105 of magically costs need to be detailed. And in other news, Drumpf called for a nationwide stop and frisk policy, because we need more police departments being sued for racial profiling. Which is fine, since Drumpf is also pretty pro-racial profiling. To bad the courts are not. It's 140% margin, as it's 100 in profit I am assuming that they have +$170 in costs and they are not making shit up. In reality we know its a 140% mark up and they are just scum. Its ok, though, we will yell at them, fine them and no one will be charged or anything will happen. Their stock will soar and people will make millions again. Just like Wells Fargo. Just like everything else. The people who work for these companies can commit no crimes. Ever. They are immune. The only thing that will happen is a stern talking to by congress. You make it sound as though you don't support it? I don't. Which is why I voted for Warren in the Senate and will vote for her again when she is up for re-election. You make now make your snarky comments about Clinton doing nothing because it is your sole output in this thread. Well I mean at this point, the "I told you so train" is well of the tracks and onto the moon. I hear it rode there on principal It is coming from a guy who backed in a socialist that owns more than one half a million dollar home. He so sad after losing the nomination, he bought one more to make himself feel better. I don't follow, there's not requirement of being ascetic to be a 'true' socialdem
The statement is completely hyperbolic. I grew tired of GHs constant sniping at people who plan to vote for Hilary not living up to his "progressive standards". It is classic left wing of the Democratic Party to attack the more center left, rather than the right. And I'm so tired of it. It's the main reason I am unaffiliated.
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On September 22 2016 05:40 zlefin wrote:Show nested quote +On September 22 2016 05:18 IgnE wrote:On September 22 2016 04:50 zlefin wrote:
Igne -> it could well be the case that the parts of the patent office which handle things in different categories each have flaws on their own; like the software office gives out stuff too easy, while some other parts are far too strict. obviously true. but each part is operating under historical administrative and legal guidelines that they don't control. the loop starts with the courts how do you know it starts in the judicial branch for all the cases, and isn't the result of some screwup or lax oversight in the executive branch? well, whatever it is; we should have an investigation to figure out what the source is, and fix it.
because if you read the MPEP, the patent examining bible, its based on years of accumulated judicial decisions on statutes and administrative rules. yeah some of it is executive branch but its top down policy that varies with the party/interests in government, rather than simple oversight at the middle
manager level. yeah there are some bad examiners and some bad patents but the problem is deeply rooted in the legal and political framework it is built upon
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On September 22 2016 07:05 Doodsmack wrote:Trump said this in an African American church, during a black voter outreach event.
Isn't that literally the opposite of what the black community wants though? With so many arbitrary police interactions ending in unlawful arrests, injuries, or deaths for the black "suspects", why would blacks want more of them?
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On September 22 2016 07:22 Plansix wrote:Show nested quote +On September 22 2016 07:14 Dan HH wrote:On September 22 2016 07:02 Plansix wrote:On September 22 2016 06:57 Rebs wrote:On September 22 2016 06:55 Plansix wrote:On September 22 2016 06:49 GreenHorizons wrote:On September 22 2016 06:37 Plansix wrote:On September 22 2016 06:27 ragz_gt wrote:On September 22 2016 06:25 Plansix wrote:On September 22 2016 06:15 {CC}StealthBlue wrote:God I hate this bitch... [quote] Source An almost 30% margin on a product is pretty great normally. Like amazing. Book stores would dream of that. Also the $105 of magically costs need to be detailed. And in other news, Drumpf called for a nationwide stop and frisk policy, because we need more police departments being sued for racial profiling. Which is fine, since Drumpf is also pretty pro-racial profiling. To bad the courts are not. It's 140% margin, as it's 100 in profit I am assuming that they have +$170 in costs and they are not making shit up. In reality we know its a 140% mark up and they are just scum. Its ok, though, we will yell at them, fine them and no one will be charged or anything will happen. Their stock will soar and people will make millions again. Just like Wells Fargo. Just like everything else. The people who work for these companies can commit no crimes. Ever. They are immune. The only thing that will happen is a stern talking to by congress. You make it sound as though you don't support it? I don't. Which is why I voted for Warren in the Senate and will vote for her again when she is up for re-election. You make now make your snarky comments about Clinton doing nothing because it is your sole output in this thread. Well I mean at this point, the "I told you so train" is well of the tracks and onto the moon. I hear it rode there on principal It is coming from a guy who backed in a socialist that owns more than one half a million dollar home. He so sad after losing the nomination, he bought one more to make himself feel better. I don't follow, there's not requirement of being ascetic to be a 'true' socialdem The statement is completely hyperbolic. I grew tired of GHs constant sniping at people who plan to vote for Hilary not living up to his "progressive standards". It is classic left wing of the Democratic Party to attack the more center left, rather than the right. And I'm so tired of it. It's the main reason I am unaffiliated.
Yeah but GH's attitude is right. You shouldn't be in the same party.
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On September 22 2016 06:55 Plansix wrote:Show nested quote +On September 22 2016 06:49 GreenHorizons wrote:On September 22 2016 06:37 Plansix wrote:On September 22 2016 06:27 ragz_gt wrote:On September 22 2016 06:25 Plansix wrote:On September 22 2016 06:15 {CC}StealthBlue wrote:God I hate this bitch... The drug company that makes the EpiPen says it isn't nearly as profitable as many people assume it is.
At least that's the message Mylan NV CEO Heather Bresch will try to deliver to members of Congress today.
Bresch, who is scheduled to testify before the House Oversight and Government Reform Committee, is expected to tell lawmakers that the company earns $100 profit on each two-pack of EpiPen auto-injectors, even though they carry a $600 price tag.
"The misconception about our profits is understandable, and at least partly due to the complex environment in which pharmaceutical prices are determined," Bresch says in prepared testimony. "The pricing of a pharmaceutical product is opaque and frustrating, especially for patients."
Bresch says it costs the company about $69 to make two EpiPens, and after rebates and fees, Mylan receives $274 per EpiPen pack. She says other, unnamed costs absorb an additional $105, leaving $100 in profit for the company.
While the company apparently is looking to use the analysis to downplay its profits, analysts say the margin is still quite high.
Ronny Gal, a pharmaceutical industry analyst at the investment firm Sanford Bernstein, says Bresch's numbers mean Mylan makes a 40 percent profit margin on the device.
The EpiPen is a long, plastic tube that automatically injects a dose of epinephrine — or adrenaline — into a person's thigh to stop an allergic reaction. It's easy to use and portable.
Mylan bought rights to the EpiPen in 2008 and launched an aggressive marketing and awareness campaign. That effort has made the so-called auto-injector a must-have for anyone with a serious allergy — perhaps to bee stings or tree nuts — that may trigger anaphylaxis, a life-threatening reaction in which the airways swell and close.
The company has come under fire in recent months, however, because it raised the price of the device, which has been available for decades, more than 500 percent. Source An almost 30% margin on a product is pretty great normally. Like amazing. Book stores would dream of that. Also the $105 of magically costs need to be detailed. And in other news, Trump called for a nationwide stop and frisk policy, because we need more police departments being sued for racial profiling. Which is fine, since Trump is also pretty pro-racial profiling. To bad the courts are not. It's 140% margin, as it's 100 in profit I am assuming that they have +$170 in costs and they are not making shit up. In reality we know its a 140% mark up and they are just scum. Its ok, though, we will yell at them, fine them and no one will be charged or anything will happen. Their stock will soar and people will make millions again. Just like Wells Fargo. Just like everything else. The people who work for these companies can commit no crimes. Ever. They are immune. The only thing that will happen is a stern talking to by congress. You make it sound as though you don't support it? I don't. Which is why I voted for Warren in the Senate and will vote for her again when she is up for re-election. You make now make your snarky comments about Clinton doing nothing because it is your sole output in this thread.
I'm going to make sure it's clear that the whole "no one saw this coming" thing doesn't take hold.
I mean the Manchin family knows what they're doing, and so do the Wells Fargo employees donating to Hillary. It's people like you who seem to not be in on the joke.
On September 22 2016 07:22 Plansix wrote:Show nested quote +On September 22 2016 07:14 Dan HH wrote:On September 22 2016 07:02 Plansix wrote:On September 22 2016 06:57 Rebs wrote:On September 22 2016 06:55 Plansix wrote:On September 22 2016 06:49 GreenHorizons wrote:On September 22 2016 06:37 Plansix wrote:On September 22 2016 06:27 ragz_gt wrote:On September 22 2016 06:25 Plansix wrote:On September 22 2016 06:15 {CC}StealthBlue wrote:God I hate this bitch... [quote] Source An almost 30% margin on a product is pretty great normally. Like amazing. Book stores would dream of that. Also the $105 of magically costs need to be detailed. And in other news, Drumpf called for a nationwide stop and frisk policy, because we need more police departments being sued for racial profiling. Which is fine, since Drumpf is also pretty pro-racial profiling. To bad the courts are not. It's 140% margin, as it's 100 in profit I am assuming that they have +$170 in costs and they are not making shit up. In reality we know its a 140% mark up and they are just scum. Its ok, though, we will yell at them, fine them and no one will be charged or anything will happen. Their stock will soar and people will make millions again. Just like Wells Fargo. Just like everything else. The people who work for these companies can commit no crimes. Ever. They are immune. The only thing that will happen is a stern talking to by congress. You make it sound as though you don't support it? I don't. Which is why I voted for Warren in the Senate and will vote for her again when she is up for re-election. You make now make your snarky comments about Clinton doing nothing because it is your sole output in this thread. Well I mean at this point, the "I told you so train" is well of the tracks and onto the moon. I hear it rode there on principal It is coming from a guy who backed in a socialist that owns more than one half a million dollar home. He so sad after losing the nomination, he bought one more to make himself feel better. I don't follow, there's not requirement of being ascetic to be a 'true' socialdem The statement is completely hyperbolic. I grew tired of GHs constant sniping at people who plan to vote for Hilary not living up to his "progressive standards". It is classic left wing of the Democratic Party to attack the more center left, rather than the right. And I'm so tired of it. It's the main reason I am unaffiliated.
Then just own it instead of pretending like it's just whining. Those types of interactions with Wells Fargo and the EpiPen are what the center left is. I'm not a part of that, you seem to want to not be a part of that while also supporting the people who are.
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On September 22 2016 07:25 DarkPlasmaBall wrote:Show nested quote +On September 22 2016 07:05 Doodsmack wrote:Trump said this in an African American church, during a black voter outreach event. Isn't that literally the opposite of what the black community wants though? With so many arbitrary police interactions ending in unlawful arrests, injuries, or deaths for the black "suspects", why would blacks want more of them?
Yes I probably should have been more clear that I was pointing that out due to the absurdity of it. And the incompetence of someone who would say that while attempting to appeal to black voters.
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On September 22 2016 07:27 Nebuchad wrote:
Yeah but GH's attitude is right. You shouldn't be in the same party.
If GH is backing Stein rather than listening to Bernie and rallying behind Hillary, I guess they aren't.
As an aside, I've actually taken more of a shine to Bernie since the primaries completed, compared to when they were actually going on. But apparently GH doesn't seem to think the same way.
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WASHINGTON, Sept 21 (Reuters) - Islamic State forces on Tuesday fired a shell that may have contained a mustard agent onto a military base in northern Iraq used by U.S. and Iraqi troops, CNN reported on Wednesday, citing several U.S. officials.
No U.S. troops were hurt or have displayed symptoms of exposure to a mustard agent, CNN said.
One official said the agent had “low purity” and was “poorly weaponized,” CNN reported. A second official called it “ineffective,” the network said.
A U.S. defense official said troops had gone out to look at the shell after it landed on the base, which is being used to prepare an attack to retake Mosul from Islamic State, CNN reported.
Two field tests were conducted after the troops saw what they thought was a suspect substance. The first test came back positive but the second test was negative, the network said.
The Pentagon did not immediately respond to a request for comment.
Source
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On September 22 2016 07:29 TheYango wrote:Show nested quote +On September 22 2016 07:27 Nebuchad wrote:
Yeah but GH's attitude is right. You shouldn't be in the same party. If GH is backing Stein rather than listening to Bernie and rallying behind Hillary, I guess they aren't.
I'm listening to the Bernie that told me not to listen to him tell me who to vote for.
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For someone supported in large part by the constitution-thumping types, he sure proposes a crapload of unconstitutional policies
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On September 22 2016 07:29 TheYango wrote:Show nested quote +On September 22 2016 07:27 Nebuchad wrote:
Yeah but GH's attitude is right. You shouldn't be in the same party. If GH is backing Stein rather than listening to Bernie and rallying behind Hillary, I guess they aren't. As an aside, I've actually taken more of a shine to Bernie since the primaries completed, compared to when they were actually going on. But apparently GH doesn't seem to think the same way.
If Jill Stein was considered at the same level as Clinton you would have a semblance of a point, but that's not really the case. If we look at America, GH is supposed to call himself a democrat or an independant. On top of that, ecologists and social democrats aren't really the same even though they agree on a lot of issues, and I just feel like I have to say it even though I know you probably didn't mean that they are.
I don't know what "take more of a shine" means, first time I see this expression, help a foreigner please =)
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On September 22 2016 07:02 Plansix wrote:Show nested quote +On September 22 2016 06:57 Rebs wrote:On September 22 2016 06:55 Plansix wrote:On September 22 2016 06:49 GreenHorizons wrote:On September 22 2016 06:37 Plansix wrote:On September 22 2016 06:27 ragz_gt wrote:On September 22 2016 06:25 Plansix wrote:On September 22 2016 06:15 {CC}StealthBlue wrote:God I hate this bitch... The drug company that makes the EpiPen says it isn't nearly as profitable as many people assume it is.
At least that's the message Mylan NV CEO Heather Bresch will try to deliver to members of Congress today.
Bresch, who is scheduled to testify before the House Oversight and Government Reform Committee, is expected to tell lawmakers that the company earns $100 profit on each two-pack of EpiPen auto-injectors, even though they carry a $600 price tag.
"The misconception about our profits is understandable, and at least partly due to the complex environment in which pharmaceutical prices are determined," Bresch says in prepared testimony. "The pricing of a pharmaceutical product is opaque and frustrating, especially for patients."
Bresch says it costs the company about $69 to make two EpiPens, and after rebates and fees, Mylan receives $274 per EpiPen pack. She says other, unnamed costs absorb an additional $105, leaving $100 in profit for the company.
While the company apparently is looking to use the analysis to downplay its profits, analysts say the margin is still quite high.
Ronny Gal, a pharmaceutical industry analyst at the investment firm Sanford Bernstein, says Bresch's numbers mean Mylan makes a 40 percent profit margin on the device.
The EpiPen is a long, plastic tube that automatically injects a dose of epinephrine — or adrenaline — into a person's thigh to stop an allergic reaction. It's easy to use and portable.
Mylan bought rights to the EpiPen in 2008 and launched an aggressive marketing and awareness campaign. That effort has made the so-called auto-injector a must-have for anyone with a serious allergy — perhaps to bee stings or tree nuts — that may trigger anaphylaxis, a life-threatening reaction in which the airways swell and close.
The company has come under fire in recent months, however, because it raised the price of the device, which has been available for decades, more than 500 percent. Source An almost 30% margin on a product is pretty great normally. Like amazing. Book stores would dream of that. Also the $105 of magically costs need to be detailed. And in other news, Drumpf called for a nationwide stop and frisk policy, because we need more police departments being sued for racial profiling. Which is fine, since Drumpf is also pretty pro-racial profiling. To bad the courts are not. It's 140% margin, as it's 100 in profit I am assuming that they have +$170 in costs and they are not making shit up. In reality we know its a 140% mark up and they are just scum. Its ok, though, we will yell at them, fine them and no one will be charged or anything will happen. Their stock will soar and people will make millions again. Just like Wells Fargo. Just like everything else. The people who work for these companies can commit no crimes. Ever. They are immune. The only thing that will happen is a stern talking to by congress. You make it sound as though you don't support it? I don't. Which is why I voted for Warren in the Senate and will vote for her again when she is up for re-election. You make now make your snarky comments about Clinton doing nothing because it is your sole output in this thread. Well I mean at this point, the "I told you so train" is well of the tracks and onto the moon. I hear it rode there on principal It is coming from a guy who backed in a socialist that owns more than one half a million dollar home. He so sad after losing the nomination, he bought one more to make himself feel better.
Attacking Bernie is counterproductive. It isn't going to help Clinton not lose to Trump. at this point he's probably her best surrogate for Ohio.
On September 22 2016 07:36 Nebuchad wrote:Show nested quote +On September 22 2016 07:29 TheYango wrote:On September 22 2016 07:27 Nebuchad wrote:
Yeah but GH's attitude is right. You shouldn't be in the same party. If GH is backing Stein rather than listening to Bernie and rallying behind Hillary, I guess they aren't. As an aside, I've actually taken more of a shine to Bernie since the primaries completed, compared to when they were actually going on. But apparently GH doesn't seem to think the same way. If Jill Stein was considered at the same level as Clinton you would have a semblance of a point, but that's not really the case. If we look at America, GH is supposed to call himself a democrat or an independant. On top of that, ecologists and social democrats aren't really the same even though they agree on a lot of issues, and I just feel like I have to say it even though I know you probably didn't mean that they are. I don't know what "take more of a shine" means, first time I see this expression, help a foreigner please =)
It means to like more.
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On September 22 2016 07:27 Nebuchad wrote:Show nested quote +On September 22 2016 07:22 Plansix wrote:On September 22 2016 07:14 Dan HH wrote:On September 22 2016 07:02 Plansix wrote:On September 22 2016 06:57 Rebs wrote:On September 22 2016 06:55 Plansix wrote:On September 22 2016 06:49 GreenHorizons wrote:On September 22 2016 06:37 Plansix wrote:On September 22 2016 06:27 ragz_gt wrote:On September 22 2016 06:25 Plansix wrote:
[quote]
An almost 30% margin on a product is pretty great normally. Like amazing. Book stores would dream of that. Also the $105 of magically costs need to be detailed.
And in other news, Drumpf called for a nationwide stop and frisk policy, because we need more police departments being sued for racial profiling. Which is fine, since Drumpf is also pretty pro-racial profiling. To bad the courts are not. It's 140% margin, as it's 100 in profit I am assuming that they have +$170 in costs and they are not making shit up. In reality we know its a 140% mark up and they are just scum. Its ok, though, we will yell at them, fine them and no one will be charged or anything will happen. Their stock will soar and people will make millions again. Just like Wells Fargo. Just like everything else. The people who work for these companies can commit no crimes. Ever. They are immune. The only thing that will happen is a stern talking to by congress. You make it sound as though you don't support it? I don't. Which is why I voted for Warren in the Senate and will vote for her again when she is up for re-election. You make now make your snarky comments about Clinton doing nothing because it is your sole output in this thread. Well I mean at this point, the "I told you so train" is well of the tracks and onto the moon. I hear it rode there on principal It is coming from a guy who backed in a socialist that owns more than one half a million dollar home. He so sad after losing the nomination, he bought one more to make himself feel better. I don't follow, there's not requirement of being ascetic to be a 'true' socialdem The statement is completely hyperbolic. I grew tired of GHs constant sniping at people who plan to vote for Hilary not living up to his "progressive standards". It is classic left wing of the Democratic Party to attack the more center left, rather than the right. And I'm so tired of it. It's the main reason I am unaffiliated. Yeah but GH's attitude is right. You shouldn't be in the same party.
GH's attitude at this point is basically "my candidate didn't win, so I'm going to pretend your candidate fucked up the country and mine would've been perfect".
Reminds me of The Simpsons. "Well I voted for Kodos."
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EPT
