this post was submitted on 21 Jan 2024
510 points (99.4% liked)

Technology

59322 readers
5106 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
510
Pharmaceutical companies hiked the price of 775 drugs this year so far, including Ozempic and Mounjaro — exceeding the rate of inflation (arstechnica.com)
submitted 9 months ago by [email protected] to c/[email protected]
32 comments fedilink hide all child comments
 

Pharmaceutical companies hiked the price of 775 drugs this year so far, including Ozempic and Mounjaro — exceeding the rate of inflation::Meanwhile, Senate to consider subpoenas to force pharma CEOs testify on prices.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 9 months ago (3 children)

The free market can regulate and drugs are a good example of that.

[–] [email protected] 7 points 9 months ago* (last edited 9 months ago)

The free market isnt insanely subsidized by the govt.

Taxpayers paid for nearly ALL the research that went into those drug patents.

[–] [email protected] 5 points 9 months ago (1 children)

"The free market can regulate according to my own pricing and the cartel's."- a CEO

[–] [email protected] 5 points 9 months ago (2 children)

Hopefully people get the sarcasm in my comment.

Drugs like everything else can't follow the free market. Free market means more wealth for the wealthiest and nothing for the 99%.

[–] [email protected] 2 points 9 months ago

Poe's law.

[–] [email protected] 2 points 9 months ago

You can't drop an actual quote from the GOP/Libertarians and expect people to detect sarcasm.

[–] [email protected] 5 points 9 months ago

Drugs aren't a commodity because of patents. Patents should come with a liability to price fairly.