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Big Pharma “moral” Responsibility’s

It is unbelievable what the pharmas are allowed to charge. BUT they get away with it all the time. Greedy bath-plugs, making money off peoples miss-fortunes!!!! No one ca do anything about it thou!
 
Although he does have a financial responsibility to his shareholders to make as much as possible for them. If he had said that he would have been more correct.
Lets face it we all know that Pharma companies are not in business for the good of humanity.
How much have Novo Nordisk and others made over the years out of insulin.. Banting's gift to the world....
 
"I think it is a moral requirement to make money when you can . . .". Well that's me done for the day. Where's the wine.
 
What a refreshing world it would be if drugs were produced by 'non for profit' organisations instead of commercial enterprises..
 
I would expect government, the biggest purchaser, to regulate the market such that competitors can enter with generic products that are competitively priced but am aware that the government consists of poachers turned gamekeepers. If I lived in the US, I'd be a little terrified of 'affordable care' . At least this guy is honest that his job is to make profits for shareholders as opposed to the left who pretend that universal healthcare of a high standard is affordable or the right who promised to reform Obamacare but haven't and contine to collude wih big pharma...
 
So the Big Pharma now stands along side the other great moral organizations such as the Mafia, and the columbian drug cartels and others.

 
britishpub said:
Apparently according to this scumbag their moral responsibility is to make as much money as they possibly can
Click to expand...

He ought to look up the word "moral", I did, and he is just plain wrong. It's his responsibility to make money for the shareholders, it's issuing shares in the first place that raises the money to do original research.

In the UK, I believe it was Tony Benn in the 1960s who suggested that governments should be doing research and development for all drugs, something that happened under the EU. Government spending on R&D is rising to £12.5 billion in 2021.
 
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