[–] [deleted] 3 points 87 points (+90|-3) ago 

[Deleted]

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[–] Scotcheggs 17 points 36 points (+53|-17) ago 

You just need to pull yourself up by the bootstraps if you can't afford it. This is America and you obviously don't believe in freedom you socialist /s

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[–] Leinhart 6 points 11 points (+17|-6) ago 

I don't get why this bothers people? Clearly that's a reasonable price, and if you need medication you should go out and buy it. /s

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[–] AlphaWookie 0 points 0 points (+0|-0) ago 

Never the less the free market solved the problem without government intervention.

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[–] dbag2070 3 points -1 points (+2|-3) ago 

Lol people don't seem to understand sarcasm.

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[–] jaceame 3 points 17 points (+20|-3) ago 

Well there is your problem. You can't think of them sick as people, you have to think of them as customers. See now you can kill customers for being poor without all that guilt of killing people.

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[–] BigBlue725 0 points 7 points (+7|-0) ago 

I find it ironic how enjoyable an asshole getting fucked over an AIDS medication is.

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[–] cynoclast 1 points 4 points (+5|-1) ago  (edited ago)

holding pharmaceutical products hostage from the people who need them isn't what i'd consider business.

It's literally profiteering

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[–] Womb_Raider 0 points 56 points (+56|-0) ago 

Good! We need to make sure this gets just as much traction as the first time. I hope his company goes bankrupt.

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[–] lord_nougat 0 points 17 points (+17|-0) ago 

That would be delightful poetic justice!

Free market, bitch!

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[–] 123_456 1 points 6 points (+7|-1) ago  (edited ago)

Good! We need to make sure this gets just as much traction as the first time. I hope his company goes bankrupt.

You think he's going to suffer the most? It's his employees that will be out of jobs.

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[–] cat-dildo 1 points 0 points (+1|-1) ago  (edited ago)

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[–] jenidaninja 2 points 0 points (+2|-2) ago 

with that logic slavery would still be legal. I'm not calling you an idiot...BUT.

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[–] Lesuorac 0 points 0 points (+0|-0) ago 

He's had it at 750$/pill for awhile, pretty sure he'll be ok with calling it quits.

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[–] Diavolo1988 0 points 49 points (+49|-0) ago 

wow, capitalism working as intended for once.

[–] [deleted] 1 points 22 points (+23|-1) ago 

[Deleted]

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[–] cynoclast 6 points -1 points (+5|-6) ago 

Crony capitalism is just capitalism with people in it.

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[–] ABitStiffyInHere 5 points 20 points (+25|-5) ago 

For once? The market addresses these issues all the fucking time. Anti-capitalists just spend 24/7 cherry picking to create a narrative that the "system" is completely broken, it's not. Just because something doesn't fix itself over night doesn't mean it won't fix itself. The market will always adapt faster than any government intervention can.

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[–] bakcha 1 points 8 points (+9|-1) ago 

I would like to agree with you but there are many other circumstances where the system is not working. This example works because there is direct competition. In the cases of acute or emergency care there is little sense of competition, therefore little free market price control.

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[–] The_Green_Bastard 1 points 1 points (+2|-1) ago 

Can you give some other examples of the market addressing issues like this?

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[–] Smelly_ 0 points 1 points (+1|-0) ago 

for once

You know that capitalism has been the face of every conduct of business in the west since the 1700s, right? Don't be one of 'those guys' that think capitalism can be defined so simply. You just sound like a pretentious arts student.

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[–] Diavolo1988 0 points 0 points (+0|-0) ago 

actually capitalism is older than that, and regardless of whether you have a currency or not, the capitalistic principles still work. one just needs enough people in a society, and quick enough information flow.

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[–] bulksalty 0 points 1 points (+1|-0) ago  (edited ago)

The only reason the free market couldn't solve this problem from the moment it was announced was FDA rules that required any other generics to prove bio-equivalence which would take a long (average approval time is 27 months), expensive study, and require obtaining the drug they were proving bio-equivalence to--which was likely to be quite difficult. In other words the problem had always been government rules preventing the market from operating.

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[–] Diavolo1988 0 points 1 points (+1|-0) ago 

yup

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[–] s1827rs1 1 points 35 points (+36|-1) ago  (edited ago)

There you go Turing in your face. That Turing guy though he would make a fortune by buying the rights to the pill(for millions) and then hiking the price thinking he's the smartest guy on the block. Well surprise at times like this the beauty of our system really shines, now he'll be lucky if he sells one pill.

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[–] dontnation 0 points 21 points (+21|-0) ago 

I'm honestly surprised they got a generic out so quickly.

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[–] bakcha 0 points 15 points (+15|-0) ago 

I'm not. The drug has been around for a very very long time.

[–] [deleted] 0 points 2 points (+2|-0) ago 

[Deleted]

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[–] luckyguy 0 points 2 points (+2|-0) ago  (edited ago)

This is a well know aspect of managing a monopoly. You want to price it below maximum profit to deter competitors. That strategic pricing still may be above competitive price, or below as is often the case. The point is if you let someone else in then you will have to price low (you don't get a choice anymore) and you won't have the full market share. You also now have to chase convention as it consumer preferences and habits develop instead of being the sole source of convention, meaning that if that weren't the case you could focus only solve problems that you find are easy for you solve. That's more for tech though.

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[–] jimmyrussel 0 points 26 points (+26|-0) ago 

Private sector competition working as planned. Well done Imprimis.

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[–] 51rH0n3y84d93r 1 points 18 points (+19|-1) ago 

I'm confused how this is possible. I was reliably informed on Reddit and here that if such a competitor appeared, they couldn't stay competitive, because there was no other way to manufacture the pills so cheaply.

I'm shocked, shocked, I tell you.

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[–] Lag-wagon 0 points 16 points (+16|-0) ago 

I found your problem. Right in your second sentence you put the word "Reddit". That messed everything up.

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[–] bulksalty 0 points 3 points (+3|-0) ago 

Because compounding pharmacies aren't regulated in the same way as manufacturers by the FDA (they can side step the bio-equivalence studies that anyone else importing pyrimethamine would need to under take to sell it in the US).

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[–] sergeantslate 0 points 13 points (+13|-0) ago 

Expect the original pill to down again. I hope consumers are smart enough to go with the alternative and not support price gouging.

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[–] Chrome-Titan 1 points 12 points (+13|-1) ago 

Didn't he say he needed the extra money to make expensive improvements to the pill? Another company shows up and reduces the price AND improves the pill... almost instantly.

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