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Subject: Thought for Today A car company can move its factories to Mexico
and claim it's a free market. A toy company can out-source to a Chinese subcontractor and claim it's a free market. A major bank can incorporate in Bermuda to avoid taxes and claim it's a free market. BUT, heaven help the elderly who dare to buy their prescription drugs from a Canadian pharmacy. That's just so un-American! Arthur Kramer 344th BG 494th BS England, France, Belgium, Holland, Germany Visit my WW II B-26 website at: http://www.coastcomp.com/artkramer |
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Jeeze, Art, you are incredibly dense on virtually all topics beyond what
happened in your particular squadron in WWII (and even there you have difficulties). Let's try "as a result of losing the ability to segment their markets and cross-subsidize new products, Pfizer is forced to slash R&D, and move production to India" and see what that gets you. For "the greatest generation," you cranky grampas (including my father in law) can now be some pretty damn selfish SOBs. Maybe you always were, but winning WWII tended to cover your sins in glory . .. . Yep, thanks a mint for keeping France "free for democracy." If your grandchildren knew what your entitlement mentality was going to cost them, we would have preferred maybe the French learn German . . . Steve Swartz "ArtKramr" wrote in message ... Subject: Thought for Today A car company can move its factories to Mexico and claim it's a free market. A toy company can out-source to a Chinese subcontractor and claim it's a free market. A major bank can incorporate in Bermuda to avoid taxes and claim it's a free market. BUT, heaven help the elderly who dare to buy their prescription drugs from a Canadian pharmacy. That's just so un-American! Arthur Kramer 344th BG 494th BS England, France, Belgium, Holland, Germany Visit my WW II B-26 website at: http://www.coastcomp.com/artkramer |
#4
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![]() "ArtKramr" wrote in message ... Subject: It's a free market From: "Leslie Swartz" Date: 12/19/03 6:21 PM Pacific Standard Time Message-id: Jeeze, Art, you are incredibly dense on virtually all topics beyond what happened in your particular squadron in WWII (and even there you have difficulties). Let's try "as a result of losing the ability to segment their markets and cross-subsidize new products, Pfizer is forced to slash R&D, and move production to India" and see what that gets you. For "the greatest generation," you cranky grampas (including my father in law) can now be some pretty damn selfish SOBs. Maybe you always were, but winning WWII tended to cover your sins in glory . . . Yep, thanks a mint for keeping France "free for democracy." If your grandchildren knew what your entitlement mentality was going to cost them, we would have preferred maybe the French learn German . . . Steve Swartz PLONK ! Arthur Kramer LOL! Arts answer to anything critical of his selfserving opinions is PLONK!! What a case. |
#5
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"Jim Baker" wrote:
"ArtKramr" wrote: "Leslie Swartz" wrote: Jeeze, Art, you are incredibly dense on virtually all topics beyond what happened in your particular squadron in WWII (and even there you have difficulties). Let's try "as a result of losing the ability to segment their markets and cross-subsidize new products, Pfizer is forced to slash R&D, and move production to India" and see what that gets you. For "the greatest generation," you cranky grampas (including my father in law) can now be some pretty damn selfish SOBs. Maybe you always were, but winning WWII tended to cover your sins in glory ... Yep, thanks a mint for keeping France "free for democracy." If your grandchildren knew what your entitlement mentality was going to cost them, we would have preferred maybe the French learn German . . . Steve Swartz PLONK ! Arthur Kramer LOL! Arts answer to anything critical of his selfserving opinions is PLONK!! What a case. Indeed. First he'll trot out his trademark "PLONK" response, but then just a few hours later he'll turn around and respond to that person whom he claims he just "plonked." Truth be known, Kramer lacks the self-discipline required to "plonk" anyone and reads every_single_post on this newsgroup INCLUDING the postings from all those whom he claims are in his mythical "killfile." And when nobody else will support his self-serving opinions, being the bald-faced liar that he is he'll even stoop so low as to create a fictitious person such as "Autocollimator" so as to publically support himself and his wacko, self-serving opinions. Pathetic. |
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![]() For "the greatest generation," you cranky grampas (including my father in law) can now be some pretty damn selfish SOBs. The Wall Street Journal calls us Greedy Geezers ![]() all the best -- Dan Ford email: see the Warbird's Forum at www.warbirdforum.com and the Piper Cub Forum at www.pipercubforum.com |
#7
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Sure, you can get all your drugs off shore. Just ask yourself where those
drugs were developed. The answer is about 95% in the US of A. So, go to Canada and kill the golden goose. "Cub Driver" wrote in message ... For "the greatest generation," you cranky grampas (including my father in law) can now be some pretty damn selfish SOBs. The Wall Street Journal calls us Greedy Geezers ![]() all the best -- Dan Ford email: see the Warbird's Forum at www.warbirdforum.com and the Piper Cub Forum at www.pipercubforum.com |
#8
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Pfizer is forced to slash R&D,
Can you tell us what percentage of revenues Pfizer spends on R&D? vince norris |
#9
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![]() vincent p. norris wrote in message ... Pfizer is forced to slash R&D, Can you tell us what percentage of revenues Pfizer spends on R&D? vince norris http://www.phrma.org/issues/researchdev/ Research & Development: Overview In 2002, PhRMA member companies invested an estimated $32 billion on research to develop new treatments for diseases - an estimated 18.2 percent of domestic sales on R&D - a higher R&D to sales ratio than any other U.S. industry. -- Scott -------- The French, God bless them, are finally joining the war against Islamic extremism. Their targets, which will now confront the full force of l'état, are schoolgirls who wear Muslim head scarves in French public schools. Wall Street Journal |
#10
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It might be quite enlightening to know that R&D budget
as a pecentage of their advertising and lobbying budgets. I've been retired for almost ten years, but before I retired, I did a lot of research on drug marketing. Prime sources of information are the various investigations of the drug industry conducted by the U.S. Congress. One especially rich source is "Competitive Problems in the Drug Industry," an investigation that went on for 20 or 30 years and produced about a five-foot shelf of documents. I believe it was in there that it was reported that the top eleven drug firms spent six percent of sales on research. But they spent 24 percent, four times as much, on advertising and promotion.Only one percent was spent on quality control. Most people don't realize that many of the drugs sold under the brand names of the big firms are in fact manufactured by small "generic" drug manufacturers like Mylan Pharmaceuticals and Barr Labs. "Tscottme" reported that: "In 2002, PhRMA member companies invested an estimated $32 billion on research to develop new treatments for diseases - an estimated 18.2 percent of domestic sales on R&D - a higher R&D to sales ratio than any other U.S. industry." However, I would not trust any such statement by the drug manufacturers. They have lied to us, and to MDs, so many times in the past, they have little credibility with anyone who knows their record. But even if they did spend $32 billion on research, a lot of that was on finding miniscule "improvements" on existing drugs that would enable them to extend patent life and charge higher prices. (This is not my personal opinion, it was the testimony of scientists before the Congressional comittees.) Further, $32 billion spent on research is "chickenfeed" if their profits *after spending that* are ten or fifteen times as much. Year after year, the drug company are the most profitable, or the second most profitable, firms in the United States. vince norris |
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