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Pharmaceutical industry may have to cough up more


AFP; Reid speaks to news media after Obama mtg

Having been unable to make their bill fly, the dems are resorting to walking the fence in trying to pick the even further of one of their most faithful lobbiest, the drug makers.

Due to the conversion to generics, pharmaceutical sales growth rate will be about 4%, on a high competition low profit item. In many cases Md's must have full strength meds for their patients which cannot be guaranteed with generics. Imagine an epileptic being either over medicated and non-functional or under medicated and exposed to seizures because of generics. Those popular non-generic drug prices rose about 10% last year, how will the cost increases be covered?

The incessant moaning about health care originates primarily from congress. Ask yourself who runs the greatest percentage of health care in our country. It is not private. Government does nothing but condemn our system yet they control 60%, they are in essence seeking to overhaul the system they destroyed. The nation would vote to maintain private coverage, the have watched the failure and want no part of it.

Pharmaceuticals have already lowered prices, fired employees, lost stock profits, how much more room is left to concede?

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Jim Burst has been a business owner and believes in community service. He's also an accomplished musician. He follows the news closely from his...

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