Big Pharma Says Drug Prices Reflect R&D Cost. Researchers Call BS
A new study finds no correlation between research and development spending and outlandish drug prices.
www.wired.com
having worked in pharma, the big problem with the premise of these researchers/this article is that they assumed a 1:1 correlation between drug pricing and R&D costs. they falsely assumed that the pricing of a drug reflects the R&D for only that given drug. they ignored the fact that for every drug that does make it to market, their are hundreds more that don't. and the R&D costs for APIs that never hit the market has to come from somewhere.Big Pharma Says Drug Prices Reflect R&D Cost. Researchers Call BS
A new study finds no correlation between research and development spending and outlandish drug prices.www.wired.com
COMMIE!!if we had single payer this would be far, far less of an issue.
if we had single payer this would be far, far less of an issue.
It's almost like we would need to attach some conditions to these subsidies.Intel’s Multi-Billion Bait And Switch
The chip manufacturer cheered on a $76 billion subsidy package for the industry, then announced capital spending cuts and mass layoffs while maintaining payouts to shareholders.www.levernews.com
The only they are committed to is not getting caught next time.AT&T to pay $23M fine for bribing powerful lawmaker’s ally in exchange for vote
AT&T said it's "committed to ensuring that this never happens again."arstechnica.com
I couldn't pick which dumb free market joke I wanted to useincentivization.
Yes, that word is weaponized by the free market crowd, and although I cringed when I typed it, I'd like to think that it could cut the other way. Should there not be incentive to fair labor laws, affordable housing, a clean planet, etc..?I couldn't pick which dumb free market joke I wanted to use
I'm a failure
we won't cut off heads?Should there not be incentive to fair labor laws, affordable housing, a clean planet, etc..?
In NZ the concept of company is also really fluid and vague, BUT the personal responsibility line is much more firmly set.Where we went wrong is that the idea of 'company' is so fluid now, you can just rape the assets, declare bankruptcy and do it all over again. (Hi Mitt!) relatively free of consequence. There's no long term strategy because there's no long term vision, nor does there really need to be.
Your responsibilities
You must:
You must not:
- help the Official Assignee and provide all records and information you’re asked for
- notify the Official Assignee and your Debt Repayment Order Supervisor if you change your:
- name, e.g. if you get married
- address
- employment
- terms of employment
- income and/or expenditure
- keep filing tax returns.
You need to get permission:
- take on any new debt over $1,000 without telling the new creditor that you're currently bankrupt. This should be done in writing to avoid any misunderstandings
- be a director of a limited liability company
- fail to provide information or lie to the Official Assignee
- hide assets
- try to prevent the Official Assignee from dealing with any of your assets.
You can be prosecuted for breaking any of these rules.
- to leave New Zealand
- to take part in the management or control of any business (this includes if you file your own taxes, ACC levies or workplace insurance, or you’re responsible for meeting any regulations, e.g. health and safety requirements)
- to be self-employed or employed by a relative or a relative’s business.
It's actually sorta kinda similar here, at least in intent/theory, depending on which chapter you declare under.In NZ the concept of company is also really fluid and vague, BUT the personal responsibility line is much more firmly set.
If you go into bankruptcy you are banned from owning or managing another business for 10 years.
So post bankruptcy you cant even be a manager for 7 years (3 years to be discharged from bankruptcy and another 4 years as a "discharged bankrupt".
It's not an easy way out — entering bankruptcy means the Official Assignee has control over everything you own (except things like your clothes and household appliances), and can sell them to pay off your debts.
From the Inland revenue website.
uber, airbnb, etc - just silicon valley tech bros who think laws don't apply to them
Give their lobbyists time.uber, airbnb, etc - just silicon valley tech bros who think laws don't apply to them
They already won in california. At least partiallyGive their lobbyists time.
And there you go.They already won in california. At least partially
Uber is still not profitable. Nor were they in the decade or so they operated before some meager regulations only put in place recently.And there you go.
Just imagine how profitable they would be if they weren't crippled by government oversight, crushing regulations, and a flawed business idea that's had years to mature but has never progressed beyond the "accumulate a mass of customers and figure out how to become profitable later" phase.
So... like Bitcoin?Uber is still not profitable. Nor were they in the decade or so they operated before some meager regulations only put in place recently.
Neither is airbnb
All these shit box companies exist only on investments and some fantastic (like literal fantasy) hope.
but withSo... like Bitcoin?
Just trying to live the American Dream. Start a company and get rich off investors before they realize your idea is shit and the whole thing falls apart.Uber is still not profitable. Nor were they in the decade or so they operated before some meager regulations only put in place recently.
Neither is airbnb
All these shit box companies exist only on investments and some fantastic (like literal fantasy) hope.
A big chunk of the economy is made up of "vessels".Uber is still not profitable. Nor were they in the decade or so they operated before some meager regulations only put in place recently.
Neither is airbnb
All these shit box companies exist only on investments and some fantastic (like literal fantasy) hope.
SaaS is theft
I'm still running my standalone copies of Lightroom and Photoshop from 2012 because of this SaaS bullshit. I don't use either frequently enough to warrant paying $10/mo from now until eternity. Get bent Adobe.SaaS is theft
Ditto on the video stuff. Most of the decent codecs are backwards compatible and the joys of that old legacy shit is that people are still making plugins for some of it.I'm still running my standalone copies of Lightroom and Photoshop from 2012 because of this SaaS bullshit. I don't use either frequently enough to warrant paying $10/mo from now until eternity. Get bent Adobe.
Some day I'll see if I can get a codec or plug-in to do Nikon RAW file conversion in my version of Lightroom. They dropped support for my camera, so now every photo import requires Nikon Capture -> Adobe DNG converter -> Lightroom instead of directly importing into Lightroom via their tool.Ditto on the video stuff. Most of the decent codecs are backwards compatible and the joys of that old legacy shit is that people are still making plugins for some of it.
fuck adobe
CS6?Some day I'll see if I can get a codec or plug-in to do Nikon RAW file conversion in my version of Lightroom. They dropped support for my camera, so now every photo import requires Nikon Capture -> Adobe DNG converter -> Lightroom instead of directly importing into Lightroom via their tool.
Shit. A buddy of mine went through this a while ago but with older nikons. Im a canon guy but Ill see what I can find out.LR4 and CS6. Shooting with a 2019 era Nikon Z6.
*Or move across the Hudson. Didn't someone post in the car thread NJ had told BMW to get bent with subscription heated seats?Well, either I gotta go without heated seats this winter in my BMW X6 M Premium Midsize Sports Activity Coupe, or spot channels in my InDesign swatch palette.
I should start a poll.
I'll just over there when my ass gets cold.*Or move across the Hudson. Didn't someone post in the car thread NJ had told BMW to get bent with subscription heated seats?
Moving to NJ seems pretty desperate though.