Guest guest Posted September 26, 2010 Report Share Posted September 26, 2010 Hi, I am also glad we have these new drugs, and thankful for the pharm, that produce them. BUT, about trials, I have a question. I have been in 6 trials in 10 years. You all know that means , in the beginning a bma/bmb monthly, if things go the way they should, that goes to quarterly. As long as I can remember, I get labs done every single week. To say nothing of a zillion ekgs, echo cardiograms, meds to take care of side effects, etc, etc., etc., The drug companies involved have not paid one dime of these expenses, it is all paid for by medicare and AARP. Nor have I paid one dime. That is, except for a bit over 325 a month that I pay into medicare and AARP, which doesn't even come close to covering these expenses. I would think, as grateful as I am to these companies for their " free " drugs, that they should at least pick up some of the expenses. It is their drug they are trying to get approval of, it is the patients, us, that offer up our bodies, and it would seem , in the end , we are paying an enormous amount of money for the privalege. Then when they get approval we are REALLY paying through the nose! I have a copy of my Feb. 2010 invoice, for a bmb/bma: bone marrow biopsy supplies: $389.00 aspiration supplies: $270.00 that is $659.00 for 2 needles, alcohol, lydocaine and a bandaid. And the expertise of the PA who is indeed painless and well worth the supply costs...... I know this is the hospital billing, but it is for the trial. And Medicare and AARP pick up the bill. The total cost was: $6,578.00 The least expensive item on any of my bills is for $67.00 and it's for my office visit with Dr. Talpaz!!! I am just surprised that these bills are covered, in full, by Medicare and AARP, and I don't know why the drug companies are not expected to pay their share? a ( Bobby ) Doyle, dob 12/17/29 DX 5/1995 Interferon 9 weeks/Hydroxyurea 5 years 02/2000 to 06/2002 Gleevec trial, OHSU 06/2002 Gleevec/Trisenox Trial, OHSU 06/2003 Gleevec/Zarnestra Trial, OHSU 04/2004 Sprycel Trial, MDACC, CCR in 10 months 04/2008 XL228 Trial, U of Mich. 01/2009 PCR 5.69 04/2009 Ariad Trial AP24534 09/2009 PCR 0.01 11/2009 PCR 0.034 02/2010 PCRU #840 Zavie's Zero Club From: hey00nanc <ncogan@...> Subject: [ ] Re: Fw: Health News: [sprycel] Date: Sunday, September 26, 2010, 2:33 PM  > > I for one are glad we have these drugs...and recognize that further > research requires the companies who make them to make a profit. Does anyone want > to go back 15 years and deal with the death watch we would all be on > without them? > Tom in KY ________________________ Hi Tom, The problem is that the drug company did not pay for MUCH of the research......the federal govt did with grants, etc. Also the L & L Society and some Universities. If the drug companies HAD to pay back the govt. for the grants if a successful drug was developed, that would make this arrangement more fair. You only have to look at the profits these companies are making and the salaries and bonuses of their CEOs to see that the price is a rip off. There has been much in writing about the amount that the drug companies are spending on advertising vs research....and they are spending MUCH more on advertising! If you have the only drug in town (or one of 3) that can treat a fatal disease and have a patent, you pretty much can charge whatever you can get away with. C. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted September 27, 2010 Report Share Posted September 27, 2010 Exactly. Most of the research is done on government and LLS dime, but the drug company gets the patent and the profits; which is why big-pharma is one of the most lucrative businesses out there. So, Novartis and Bristol-Myers Squibb get government sanctioned monopolies and can charge twice the average American income for the medication. [ ] Re: Fw: Health News: [sprycel] --- In <mailto:%40> , TedBDD@... wrote: > > I for one are glad we have these drugs...and recognize that further > research requires the companies who make them to make a profit. Does anyone want > to go back 15 years and deal with the death watch we would all be on > without them? > Tom in KY ________________________ Hi Tom, The problem is that the drug company did not pay for MUCH of the research......the federal govt did with grants, etc. Also the L & L Society and some Universities. If the drug companies HAD to pay back the govt. for the grants if a successful drug was developed, that would make this arrangement more fair. You only have to look at the profits these companies are making and the salaries and bonuses of their CEOs to see that the price is a rip off. There has been much in writing about the amount that the drug companies are spending on advertising vs research....and they are spending MUCH more on advertising! If you have the only drug in town (or one of 3) that can treat a fatal disease and have a patent, you pretty much can charge whatever you can get away with. C. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted September 27, 2010 Report Share Posted September 27, 2010 It's worse than that. Â Private companies (including doctors and hospitals) get government monies and support, which means society bears the cost, and then they get to privatize the profits. Â Sweet. Â And then the idea is fostered wide and far how the government has no place in private sector affairs and, anyway, can't do anything right and should be thwarted in every possible manner whenever it tries. Â That's America's system, America's mindset. From: Neal <nwatson@...> Subject: RE: [ ] Re: Fw: Health News: [sprycel] Date: Monday, September 27, 2010, 11:37 AM Â Exactly. Most of the research is done on government and LLS dime, but the drug company gets the patent and the profits; which is why big-pharma is one of the most lucrative businesses out there. So, Novartis and Bristol-Myers Squibb get government sanctioned monopolies and can charge twice the average American income for the medication. [ ] Re: Fw: Health News: [sprycel] --- In <mailto:%40> , TedBDD@... wrote: > > I for one are glad we have these drugs...and recognize that further > research requires the companies who make them to make a profit. Does anyone want > to go back 15 years and deal with the death watch we would all be on > without them? > Tom in KY ________________________ Hi Tom, The problem is that the drug company did not pay for MUCH of the research......the federal govt did with grants, etc. Also the L & L Society and some Universities. If the drug companies HAD to pay back the govt. for the grants if a successful drug was developed, that would make this arrangement more fair. You only have to look at the profits these companies are making and the salaries and bonuses of their CEOs to see that the price is a rip off. There has been much in writing about the amount that the drug companies are spending on advertising vs research....and they are spending MUCH more on advertising! If you have the only drug in town (or one of 3) that can treat a fatal disease and have a patent, you pretty much can charge whatever you can get away with. C. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted September 27, 2010 Report Share Posted September 27, 2010 Hi, Neal: Boy, you hit the nail right on the head. Years ago, venerable list member Anjana who runs the Asian CML list from Singapore, reported that Novartis Pharmaceuticals contributed only about 10% of the research cost of Gleevec. And she was citing an interview with the legendary CML pioneer Dr. Druker, one of the main developers of Gleevec. My problem with Novartis and the other big pharmaceutical companies is that the primary reason they give for gouging patients on drug costs is the cost of r & d. This is pure BS. If you scrutinize Novartis' 2009 Annual Report you will see that marketing and sales expenditures are nearly double r & d expenditures. For some reason, Novartis touts r & d costs at the very beginning of the 200+ page report and buries the marketing costs at the end. (http://ir2.flife.de/data/novartis2009/igb_html/pdf/Novartis_A nnual_Report_2009_EN.pdf) So when you see those well coiffed pharma sales reps swarming your local doctors' offices bring gifts and lunches to doctors and their staffs, you call readily observe how much Big Pharma's money goes into the care and feeding of these huge revenue sources. Not to mention the " seminars " that pharma funds for the doctors usually in such serene academic settings like Aspen or Innsbruck. So my beef is not with Big Pharma making profits, it is with Big Pharma making OBSCENE profits. BTW, in Switzerland which has a privatized, yet well regulated, health insurance system with key elements similar to President Obama's health insurance reform plan, drug prices are actually regulated by the government and Novartis, which is headquartered in Basel, Switzerland, does not seem to suffer from a profit standpoint be affected by this reality. (http://www.nytimes.com/2009/10/01/health/policy/01swiss.html) While the Swiss seem to fare quite well under a well regulated privatized health insurance system, all I want in the U.S. is the freedom to choose between a government sponsored Medicare for All type plan and a " privatized " health insurance plan. We on these CML lists are hopefully advocating for ALL CML patients rich and poor, but as the story referenced below indicates, some may die for lack of being able to afforded their Gleevec, Tasigna, or Sprycel. For any society, this is a moral failing of the worst sort. http://www.msnbc.msn.com/id/21134540/vp/39315634#39315634) A votre sante, Carl ________________________________ From: Neal <nwatson@...> Sent: Mon, September 27, 2010 9:37:21 AM Subject: RE: [ ] Re: Fw: Health News: [sprycel] Exactly. Most of the research is done on government and LLS dime, but the drug company gets the patent and the profits; which is why big-pharma is one of the most lucrative businesses out there. So, Novartis and Bristol-Myers Squibb get government sanctioned monopolies and can charge twice the average American income for the medication. [ ] Re: Fw: Health News: [sprycel] --- In <mailto:%40> , TedBDD@... wrote: > > I for one are glad we have these drugs...and recognize that further > research requires the companies who make them to make a profit. Does anyone want > to go back 15 years and deal with the death watch we would all be on > without them? > Tom in KY ________________________ Hi Tom, The problem is that the drug company did not pay for MUCH of the research......the federal govt did with grants, etc. Also the L & L Society and some Universities. If the drug companies HAD to pay back the govt. for the grants if a successful drug was developed, that would make this arrangement more fair. You only have to look at the profits these companies are making and the salaries and bonuses of their CEOs to see that the price is a rip off. There has been much in writing about the amount that the drug companies are spending on advertising vs research....and they are spending MUCH more on advertising! If you have the only drug in town (or one of 3) that can treat a fatal disease and have a patent, you pretty much can charge whatever you can get away with. C. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted September 27, 2010 Report Share Posted September 27, 2010 I have not noticed this at OHSU, or MDACC or U of Mich, but at the Cleveland Clinic I see TV sets with Novartis on the front of them, and blankets with Procrit printed on them. Sort of ticks me off, being denied Procrit or Aranesp unless I pay $1,700.00 a shot, knowing that money is paying more for advertising then the medicine itself. a ( Bobby ) Doyle, dob 12/17/29 DX 5/1995 Interferon 9 weeks/Hydroxyurea 5 years 02/2000 to 06/2002 Gleevec trial, OHSU 06/2002 Gleevec/Trisenox Trial, OHSU 06/2003 Gleevec/Zarnestra Trial, OHSU 04/2004 Sprycel Trial, MDACC, CCR in 10 months 04/2008 XL228 Trial, U of Mich. 01/2009 PCR 5.69 04/2009 Ariad Trial AP24534 09/2009 PCR 0.01 11/2009 PCR 0.034 02/2010 PCRU #840 Zavie's Zero Club From: Carl Davies <ctdavies2003@...> Subject: Re: [ ] Re: Fw: Health News: [sprycel] Date: Monday, September 27, 2010, 1:50 PM  Hi, Neal: Boy, you hit the nail right on the head. Years ago, venerable list member Anjana who runs the Asian CML list from Singapore, reported that Novartis Pharmaceuticals contributed only about 10% of the research cost of Gleevec. And she was citing an interview with the legendary CML pioneer Dr. Druker, one of the main developers of Gleevec. My problem with Novartis and the other big pharmaceutical companies is that the primary reason they give for gouging patients on drug costs is the cost of r & d. This is pure BS. If you scrutinize Novartis' 2009 Annual Report you will see that marketing and sales expenditures are nearly double r & d expenditures. For some reason, Novartis touts r & d costs at the very beginning of the 200+ page report and buries the marketing costs at the end. (http://ir2.flife.de/data/novartis2009/igb_html/pdf/Novartis_A nnual_Report_2009_EN.pdf) So when you see those well coiffed pharma sales reps swarming your local doctors' offices bring gifts and lunches to doctors and their staffs, you call readily observe how much Big Pharma's money goes into the care and feeding of these huge revenue sources. Not to mention the " seminars " that pharma funds for the doctors usually in such serene academic settings like Aspen or Innsbruck. So my beef is not with Big Pharma making profits, it is with Big Pharma making OBSCENE profits. BTW, in Switzerland which has a privatized, yet well regulated, health insurance system with key elements similar to President Obama's health insurance reform plan, drug prices are actually regulated by the government and Novartis, which is headquartered in Basel, Switzerland, does not seem to suffer from a profit standpoint be affected by this reality. (http://www.nytimes.com/2009/10/01/health/policy/01swiss.html) While the Swiss seem to fare quite well under a well regulated privatized health insurance system, all I want in the U.S. is the freedom to choose between a government sponsored Medicare for All type plan and a " privatized " health insurance plan. We on these CML lists are hopefully advocating for ALL CML patients rich and poor, but as the story referenced below indicates, some may die for lack of being able to afforded their Gleevec, Tasigna, or Sprycel. For any society, this is a moral failing of the worst sort. http://www.msnbc.msn.com/id/21134540/vp/39315634#39315634) A votre sante, Carl ________________________________ From: Neal <nwatson@...> Sent: Mon, September 27, 2010 9:37:21 AM Subject: RE: [ ] Re: Fw: Health News: [sprycel] Exactly. Most of the research is done on government and LLS dime, but the drug company gets the patent and the profits; which is why big-pharma is one of the most lucrative businesses out there. So, Novartis and Bristol-Myers Squibb get government sanctioned monopolies and can charge twice the average American income for the medication. [ ] Re: Fw: Health News: [sprycel] --- In <mailto:%40> , TedBDD@... wrote: > > I for one are glad we have these drugs...and recognize that further > research requires the companies who make them to make a profit. Does anyone want > to go back 15 years and deal with the death watch we would all be on > without them? > Tom in KY ________________________ Hi Tom, The problem is that the drug company did not pay for MUCH of the research......the federal govt did with grants, etc. Also the L & L Society and some Universities. If the drug companies HAD to pay back the govt. for the grants if a successful drug was developed, that would make this arrangement more fair. You only have to look at the profits these companies are making and the salaries and bonuses of their CEOs to see that the price is a rip off. There has been much in writing about the amount that the drug companies are spending on advertising vs research....and they are spending MUCH more on advertising! If you have the only drug in town (or one of 3) that can treat a fatal disease and have a patent, you pretty much can charge whatever you can get away with. C. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted September 27, 2010 Report Share Posted September 27, 2010 I mentioned today to one of the nurses about the drug companies not picking up all the expenses. She said they pay for " a lot " of the expenses. Well, my invoices are always billed to Medicare and AARP and that is who pays them. If the drug companies are paying is it for the room we are in? is it for wages? And when the drug gets FDA approval, does the hospital get a part of those profits? I am not complaining, and I am ever so thankful for all the trials I have been in, especially Ariad which is doing so well for me. I am curious though about the money, the expense, and who pays what, and who the hell would ever ask their doctor for Procrit, just because they saw it advertised on a blanket ??? LOL a ( Bobby ) Doyle, dob 12/17/29 DX 5/1995 Interferon 9 weeks/Hydroxyurea 5 years 02/2000 to 06/2002 Gleevec trial, OHSU 06/2002 Gleevec/Trisenox Trial, OHSU 06/2003 Gleevec/Zarnestra Trial, OHSU 04/2004 Sprycel Trial, MDACC, CCR in 10 months 04/2008 XL228 Trial, U of Mich. 01/2009 PCR 5.69 04/2009 Ariad Trial AP24534 09/2009 PCR 0.01 11/2009 PCR 0.034 02/2010 PCRU #840 Zavie's Zero Club From: hey00nanc <ncogan@...> Subject: [ ] Re: Fw: Health News: [sprycel] Date: Monday, September 27, 2010, 12:32 PM  > > Hi, I am also glad we have these new drugs, and thankful for the pharm, that produce them. BUT, about trials, I have a question. I have been in 6 trials in 10 years. You all know that means , in the beginning a bma/bmb monthly, if things go the way they should, that goes to quarterly. As long as I can remember, I get labs done every single week. To say nothing of a zillion ekgs, echo cardiograms, meds to take care of side effects, etc, etc., etc., The drug companies involved have not paid one dime of these expenses, it is all paid for by medicare and AARP. Nor have I paid one dime. _______________________________ Hi Bobby, I definitely know what you mean. The drug company, when you are in a trial, says that they don't pay for 'normal' parts of cml care.....but without being in a trial, NO ONE whould have a bmb/bma every 3 months!! that is not standard care. These days, unless you are newly dx, you might have a bmb once a year or less. I think a different way to look at it is.....if the drug company did not think they had a chance to make buco bucks from a new drug, then they would not bother. That is there big incentive? It is a quite a bit different, when a scientist like Dr. Druker (or Dr. Talpaz in his research) is developing a drug in the lab, often with samples from a drug company......it is the University or research hospital that is paying for a lot of the development of the drug, and financial gain is NOT the primary incentive. Dr. Druker is not in his lab (now working on targeted drugs for other leukemias) because he is going to get rich by doing it. But if a new drug is developed, some drug company will make some big profits. C. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted September 27, 2010 Report Share Posted September 27, 2010 Hi Carl, Novartis did nothing to develop Gleevec. It was already developed by Sandoz. Novartis was created by a merger of Sandoz and Ciba-Geigy. Novartis still had to sponsor the clinical trials in order to bring the drug to market. They were reluctant to do it and it was only through the pushing by Dr. Druker that they agreed. Dr. Druker deserves most of the credit for us having Gleevec today. Zavie The following is interesting, especially for someone like me. I never knew how they created the name Novartis. I suppose if I took Latin in school I could have figured it out. Langreth and Banks Forbes Magazine At a frenetic factory outside the village of Ringaskiddy, Ireland, workers have spent the past year laboring in 12-hour shifts around the clock, seven days a week, turning out 10 tons of a plain looking white powder with extraordinary qualities. The complex molecule is unusually difficult to synthesize. It started with 30 tons of raw materials and 500 tons of solvent. The process requires a dozen separate chemical steps and usually would take more than two years. The factory has done it in half that time and is about to start the next huge batch. There's good reason to rush: The white powder is an experimental drug called Glivec, and it may be the most potent weapon ever aimed at a common form of leukemia. Novartis is spending $100 million on this 10-ton rush job, yielding enough powder to treat 30,000 patients for a year. vasella Vasella, chairman and chief executive of Novartis, is credited for putting the considerable weight of the huge drug company behind Glivec. He took that gamble somewhat brashly, after seeing astonishing early results in only 31 patients. Glivec was given to patients who weren't helped by existing therapy or couldn't tolerate it; remarkably, the new drug worked in all of them. With patients clamoring for the drug, he told managers to ignore costs and crank up production fast. Clinical trials executives met with factory managers to explain the task's urgency. Taking a huge risk as additional trials ensued, Novartis boosted production a hundredfold, going from making merely kilograms to producing metric tons. " If it didn't work, we'd have had to go back to square zero, " says s Rummelt, Novartis' manufacturing chief. The typical drug takes five years or more of clinical testing to win regulatory approval. Novartis hopes to apply for approval in March, barely two and a half years after trials began. It would be one of the fastest tracks any drug has ever taken. " The pace this has gone is nothing short of spectacular, " says Oregon Health Sciences University oncologist Dr. Druker, who led the first trial. In current trials the drug is going to people with a less advanced form of the disease, too. It is testing the new drug against gastrointestinal stromal tumors, lung cancer and prostate cancer, as well. Novartis now has 3,500 patients trying Glivec. Some patients may be cured. Such blazing speed is testimony to the big changes that Chairman and Chief Executive Vasella has put in place at Novartis. Born in Fribourg, Switzerland, Vasella had experience with medicine all too early. When he was 8, he had tuberculosis and spent a year convalescing in an Alpine sanatorium. When he was 13 his father died of complications from routine surgery. An older sister died of lymphoma, and his other sister died in a car crash. Vasella grew up to become a doctor, taking a hospital post in Bern, but by his mid-30s he was restless. Vasella came to realize that he enjoyed his management responsibilities more than his medical duties. When Sandoz, the big Swiss pharmaceutical outfit, offered him a job as a technical salesperson, he grabbed it. " I loved medicine, helping patients and working in a team. But I was also fascinated by business and wanted to try something new, " he explains. He joined Sandoz in 1987. Eight years later he was chief executive officer. A meteoric rise, even by U.S. standards. Vasella helped create Novartis in the 1996, merging Sandoz with another huge Swiss company, Ciba-Geigy. He even suggested the new company's name; novae artis in Latin means " new skills. " Working quietly but urgently, Vasella has injected a distinctly American style of capitalism into Novartis. He expanded the bonus pool, created a stockoption plan and goaded Swiss unions into accepting performance-based incentives even for entry-level workers. Vasella also replaced complacent managers (15 of the top 21 posts turned over) and cut 12,500 jobs in two years, lifting the operating profit margin five points to 24 percent. Today, Novartis has 10 other drugs in human trials involving cancers of the breast, colon, brain, ovaries and pancreas. In the next two years Novartis will unleash a flood of new drugs for an array of other deadly or debilitating illnesses—asthma, diabetes, schizophrenia, organ failure, arthritis, skin disorders and eye disease. It's enough, Vasella vows, to produce double-digit growth in coming years. " We have 24 drugs in late stages of testing,†he says. “By all standards it is an extraordinarily high number. " Yet Vasella is still very much at home in the science of medicine. In 1999, the Wall Street Journal reported that Vasella spends evenings poring over research reports and meeting summaries, and he peppers his scientists with e-mails. He once caused the entire company network to crash because he copied too many people on a single file. — Editor’s note: A much longer version of this story is available on Forbes’ Web site, http://www.forbes.com/ forbes/2001/0205/022.html Zavie (age 72) 67 Shoreham Avenue Ottawa, Canada, K2G 3X3 dxd AUG/99 INF OCT/99 to FEB/00, CHF No meds FEB/00 to JAN/01 Gleevec since MAR/27/01 (400 mg) CCR SEP/01. #102 in Zero Club 2.8 log reduction Sep/05 3.0 log reduction Jan/06 2.9 log reduction Feb/07 3.6 log reduction Apr/08 3.6 log reduction Sep/08 3.7 log reduction Jan/09 3.8 log reduction May/09 3.8 log reduction Aug/09 4.0 log reduction Dec/09 4.4 log reduction Apr/10 e-mail: <mailto:zmiller@...> zmiller@... Tel: 613-726-1117 Fax: 613-482-4801 Cell: 613-282-0204 ID: zaviem From: [mailto: ] On Behalf Of Carl Davies Sent: September-27-10 1:51 PM Subject: Re: [ ] Re: Fw: Health News: [sprycel] Hi, Neal: Boy, you hit the nail right on the head. Years ago, venerable list member Anjana who runs the Asian CML list from Singapore, reported that Novartis Pharmaceuticals contributed only about 10% of the research cost of Gleevec. And she was citing an interview with the legendary CML pioneer Dr. Druker, one of the main developers of Gleevec. My problem with Novartis and the other big pharmaceutical companies is that the primary reason they give for gouging patients on drug costs is the cost of r & d. This is pure BS. If you scrutinize Novartis' 2009 Annual Report you will see that marketing and sales expenditures are nearly double r & d expenditures. For some reason, Novartis touts r & d costs at the very beginning of the 200+ page report and buries the marketing costs at the end. (http://ir2.flife.de/data/novartis2009/igb_html/pdf/Novartis_A nnual_Report_2009_EN.pdf) So when you see those well coiffed pharma sales reps swarming your local doctors' offices bring gifts and lunches to doctors and their staffs, you call readily observe how much Big Pharma's money goes into the care and feeding of these huge revenue sources. Not to mention the " seminars " that pharma funds for the doctors usually in such serene academic settings like Aspen or Innsbruck. So my beef is not with Big Pharma making profits, it is with Big Pharma making OBSCENE profits. BTW, in Switzerland which has a privatized, yet well regulated, health insurance system with key elements similar to President Obama's health insurance reform plan, drug prices are actually regulated by the government and Novartis, which is headquartered in Basel, Switzerland, does not seem to suffer from a profit standpoint be affected by this reality. (http://www.nytimes.com/2009/10/01/health/policy/01swiss.html) While the Swiss seem to fare quite well under a well regulated privatized health insurance system, all I want in the U.S. is the freedom to choose between a government sponsored Medicare for All type plan and a " privatized " health insurance plan. We on these CML lists are hopefully advocating for ALL CML patients rich and poor, but as the story referenced below indicates, some may die for lack of being able to afforded their Gleevec, Tasigna, or Sprycel. For any society, this is a moral failing of the worst sort. http://www.msnbc.msn.com/id/21134540/vp/39315634#39315634) A votre sante, Carl ________________________________ From: Neal <nwatson@... <mailto:nwatson%40kriegerandstewart.com> > <mailto:%40> Sent: Mon, September 27, 2010 9:37:21 AM Subject: RE: [ ] Re: Fw: Health News: [sprycel] Exactly. Most of the research is done on government and LLS dime, but the drug company gets the patent and the profits; which is why big-pharma is one of the most lucrative businesses out there. So, Novartis and Bristol-Myers Squibb get government sanctioned monopolies and can charge twice the average American income for the medication. [ ] Re: Fw: Health News: [sprycel] --- In <mailto:%40> <mailto:%40> , TedBDD@... wrote: > > I for one are glad we have these drugs...and recognize that further > research requires the companies who make them to make a profit. Does anyone want > to go back 15 years and deal with the death watch we would all be on > without them? > Tom in KY ________________________ Hi Tom, The problem is that the drug company did not pay for MUCH of the research......the federal govt did with grants, etc. Also the L & L Society and some Universities. If the drug companies HAD to pay back the govt. for the grants if a successful drug was developed, that would make this arrangement more fair. You only have to look at the profits these companies are making and the salaries and bonuses of their CEOs to see that the price is a rip off. There has been much in writing about the amount that the drug companies are spending on advertising vs research....and they are spending MUCH more on advertising! If you have the only drug in town (or one of 3) that can treat a fatal disease and have a patent, you pretty much can charge whatever you can get away with. C. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted September 27, 2010 Report Share Posted September 27, 2010 Does the alleged 10% related to the clinical trial costs? Was I wrong in stating that profits are obscene? Is it necessary for a pharma company to be allowed to charge whatever they want in order for them to develop new drugs? Just wondering.......... ________________________________ From: Zavie <zmiller@...> Sent: Mon, September 27, 2010 2:53:07 PM Subject: RE: [ ] Re: Fw: Health News: [sprycel] Hi Carl, Novartis did nothing to develop Gleevec. It was already developed by Sandoz. Novartis was created by a merger of Sandoz and Ciba-Geigy. Novartis still had to sponsor the clinical trials in order to bring the drug to market. They were reluctant to do it and it was only through the pushing by Dr. Druker that they agreed. Dr. Druker deserves most of the credit for us having Gleevec today. Zavie The following is interesting, especially for someone like me. I never knew how they created the name Novartis. I suppose if I took Latin in school I could have figured it out. Langreth and Banks Forbes Magazine At a frenetic factory outside the village of Ringaskiddy, Ireland, workers have spent the past year laboring in 12-hour shifts around the clock, seven days a week, turning out 10 tons of a plain looking white powder with extraordinary qualities. The complex molecule is unusually difficult to synthesize. It started with 30 tons of raw materials and 500 tons of solvent. The process requires a dozen separate chemical steps and usually would take more than two years. The factory has done it in half that time and is about to start the next huge batch. There's good reason to rush: The white powder is an experimental drug called Glivec, and it may be the most potent weapon ever aimed at a common form of leukemia. Novartis is spending $100 million on this 10-ton rush job, yielding enough powder to treat 30,000 patients for a year. vasella Vasella, chairman and chief executive of Novartis, is credited for putting the considerable weight of the huge drug company behind Glivec. He took that gamble somewhat brashly, after seeing astonishing early results in only 31 patients. Glivec was given to patients who weren't helped by existing therapy or couldn't tolerate it; remarkably, the new drug worked in all of them. With patients clamoring for the drug, he told managers to ignore costs and crank up production fast. Clinical trials executives met with factory managers to explain the task's urgency. Taking a huge risk as additional trials ensued, Novartis boosted production a hundredfold, going from making merely kilograms to producing metric tons. " If it didn't work, we'd have had to go back to square zero, " says s Rummelt, Novartis' manufacturing chief. The typical drug takes five years or more of clinical testing to win regulatory approval. Novartis hopes to apply for approval in March, barely two and a half years after trials began. It would be one of the fastest tracks any drug has ever taken. " The pace this has gone is nothing short of spectacular, " says Oregon Health Sciences University oncologist Dr. Druker, who led the first trial. In current trials the drug is going to people with a less advanced form of the disease, too. It is testing the new drug against gastrointestinal stromal tumors, lung cancer and prostate cancer, as well. Novartis now has 3,500 patients trying Glivec. Some patients may be cured. Such blazing speed is testimony to the big changes that Chairman and Chief Executive Vasella has put in place at Novartis. Born in Fribourg, Switzerland, Vasella had experience with medicine all too early. When he was 8, he had tuberculosis and spent a year convalescing in an Alpine sanatorium. When he was 13 his father died of complications from routine surgery. An older sister died of lymphoma, and his other sister died in a car crash. Vasella grew up to become a doctor, taking a hospital post in Bern, but by his mid-30s he was restless. Vasella came to realize that he enjoyed his management responsibilities more than his medical duties. When Sandoz, the big Swiss pharmaceutical outfit, offered him a job as a technical salesperson, he grabbed it. " I loved medicine, helping patients and working in a team. But I was also fascinated by business and wanted to try something new, " he explains. He joined Sandoz in 1987. Eight years later he was chief executive officer. A meteoric rise, even by U.S. standards. Vasella helped create Novartis in the 1996, merging Sandoz with another huge Swiss company, Ciba-Geigy. He even suggested the new company's name; novae artis in Latin means " new skills. " Working quietly but urgently, Vasella has injected a distinctly American style of capitalism into Novartis. He expanded the bonus pool, created a stockoption plan and goaded Swiss unions into accepting performance-based incentives even for entry-level workers. Vasella also replaced complacent managers (15 of the top 21 posts turned over) and cut 12,500 jobs in two years, lifting the operating profit margin five points to 24 percent. Today, Novartis has 10 other drugs in human trials involving cancers of the breast, colon, brain, ovaries and pancreas. In the next two years Novartis will unleash a flood of new drugs for an array of other deadly or debilitating illnesses—asthma, diabetes, schizophrenia, organ failure, arthritis, skin disorders and eye disease. It's enough, Vasella vows, to produce double-digit growth in coming years. " We have 24 drugs in late stages of testing,†he says. “By all standards it is an extraordinarily high number. " Yet Vasella is still very much at home in the science of medicine. In 1999, the Wall Street Journal reported that Vasella spends evenings poring over research reports and meeting summaries, and he peppers his scientists with e-mails. He once caused the entire company network to crash because he copied too many people on a single file. — Editor’s note: A much longer version of this story is available on Forbes’ Web site, http://www.forbes.com/ forbes/2001/0205/022.html Zavie (age 72) 67 Shoreham Avenue Ottawa, Canada, K2G 3X3 dxd AUG/99 INF OCT/99 to FEB/00, CHF No meds FEB/00 to JAN/01 Gleevec since MAR/27/01 (400 mg) CCR SEP/01. #102 in Zero Club 2.8 log reduction Sep/05 3.0 log reduction Jan/06 2.9 log reduction Feb/07 3.6 log reduction Apr/08 3.6 log reduction Sep/08 3.7 log reduction Jan/09 3.8 log reduction May/09 3.8 log reduction Aug/09 4.0 log reduction Dec/09 4.4 log reduction Apr/10 e-mail: <mailto:zmiller@...> zmiller@... Tel: 613-726-1117 Fax: 613-482-4801 Cell: 613-282-0204 ID: zaviem From: [mailto: ] On Behalf Of Carl Davies Sent: September-27-10 1:51 PM Subject: Re: [ ] Re: Fw: Health News: [sprycel] Hi, Neal: Boy, you hit the nail right on the head. Years ago, venerable list member Anjana who runs the Asian CML list from Singapore, reported that Novartis Pharmaceuticals contributed only about 10% of the research cost of Gleevec. And she was citing an interview with the legendary CML pioneer Dr. Druker, one of the main developers of Gleevec. My problem with Novartis and the other big pharmaceutical companies is that the primary reason they give for gouging patients on drug costs is the cost of r & d. This is pure BS. If you scrutinize Novartis' 2009 Annual Report you will see that marketing and sales expenditures are nearly double r & d expenditures. For some reason, Novartis touts r & d costs at the very beginning of the 200+ page report and buries the marketing costs at the end. (http://ir2.flife.de/data/novartis2009/igb_html/pdf/Novartis_A nnual_Report_2009_EN.pdf) So when you see those well coiffed pharma sales reps swarming your local doctors' offices bring gifts and lunches to doctors and their staffs, you call readily observe how much Big Pharma's money goes into the care and feeding of these huge revenue sources. Not to mention the " seminars " that pharma funds for the doctors usually in such serene academic settings like Aspen or Innsbruck. So my beef is not with Big Pharma making profits, it is with Big Pharma making OBSCENE profits. BTW, in Switzerland which has a privatized, yet well regulated, health insurance system with key elements similar to President Obama's health insurance reform plan, drug prices are actually regulated by the government and Novartis, which is headquartered in Basel, Switzerland, does not seem to suffer from a profit standpoint be affected by this reality. (http://www.nytimes.com/2009/10/01/health/policy/01swiss.html) While the Swiss seem to fare quite well under a well regulated privatized health insurance system, all I want in the U.S. is the freedom to choose between a government sponsored Medicare for All type plan and a " privatized " health insurance plan. We on these CML lists are hopefully advocating for ALL CML patients rich and poor, but as the story referenced below indicates, some may die for lack of being able to afforded their Gleevec, Tasigna, or Sprycel. For any society, this is a moral failing of the worst sort. http://www.msnbc.msn.com/id/21134540/vp/39315634#39315634) A votre sante, Carl ________________________________ From: Neal <nwatson@... <mailto:nwatson%40kriegerandstewart.com> > <mailto:%40> Sent: Mon, September 27, 2010 9:37:21 AM Subject: RE: [ ] Re: Fw: Health News: [sprycel] Exactly. Most of the research is done on government and LLS dime, but the drug company gets the patent and the profits; which is why big-pharma is one of the most lucrative businesses out there. So, Novartis and Bristol-Myers Squibb get government sanctioned monopolies and can charge twice the average American income for the medication. [ ] Re: Fw: Health News: [sprycel] --- In <mailto:%40> <mailto:%40> , TedBDD@... wrote: > > I for one are glad we have these drugs...and recognize that further > research requires the companies who make them to make a profit. Does anyone want > to go back 15 years and deal with the death watch we would all be on > without them? > Tom in KY ________________________ Hi Tom, The problem is that the drug company did not pay for MUCH of the research......the federal govt did with grants, etc. Also the L & L Society and some Universities. If the drug companies HAD to pay back the govt. for the grants if a successful drug was developed, that would make this arrangement more fair. You only have to look at the profits these companies are making and the salaries and bonuses of their CEOs to see that the price is a rip off. There has been much in writing about the amount that the drug companies are spending on advertising vs research....and they are spending MUCH more on advertising! If you have the only drug in town (or one of 3) that can treat a fatal disease and have a patent, you pretty much can charge whatever you can get away with. C. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted September 27, 2010 Report Share Posted September 27, 2010 " .Novartis is spending $100 million on this 10-ton rush job, yielding enough powder to treat 30,000 patients for a year. " That works out to $3,333.33 per patient per year, under rushed experimental conditions. So why do they charge $50k per person per year? [ ] Re: Fw: Health News: [sprycel] --- In <mailto:%40> <mailto:%40> <mailto:%40> , TedBDD@... wrote: > > I for one are glad we have these drugs...and recognize that further > research requires the companies who make them to make a profit. Does anyone want > to go back 15 years and deal with the death watch we would all be on > without them? > Tom in KY ________________________ Hi Tom, The problem is that the drug company did not pay for MUCH of the research......the federal govt did with grants, etc. Also the L & L Society and some Universities. If the drug companies HAD to pay back the govt. for the grants if a successful drug was developed, that would make this arrangement more fair. You only have to look at the profits these companies are making and the salaries and bonuses of their CEOs to see that the price is a rip off. There has been much in writing about the amount that the drug companies are spending on advertising vs research....and they are spending MUCH more on advertising! If you have the only drug in town (or one of 3) that can treat a fatal disease and have a patent, you pretty much can charge whatever you can get away with. C. Quote Link to comment Share on other sites More sharing options...
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