BIG Pharma has hired some veteran Wall St. and Enron executive types to help maximize profits.

Get a load of their latest scheme. When one of their best selling brand name drugs are about to qualify for generic pricing, they secure government money to research a re-formulation of the drug.

They then register the reformulation as a new drug but retain the old name. They destroy the original formulation and then register the brand new drug, rendering any generic priced form of the drug illegal and impossible to produce.

The government never gets their money back, the generic distribution of the drug is abolished and the new reformulation under the old name does not get tested for any dangers.

The only cost to BIG Pharma are the salaries of the veteran Enfon genius'.

!!! They raise the price of the drug to $35,000 for two injections per year.

Pig Dharma defends their practice by saying they are offering it for pennies on the dollar to ANYONE on Medicare.

HOWEVER THE DRUG IS ONLY LIFE SAVING ONLY FOR PREGNANT WOMEN !
Medicare patients are over 62 and are seldom pregnant.


technically, my telling you about this scheme is questionably illegal.
I suspect that we will see very few drugs in the future that will become generic priced alternatives now that the expiration of original patents can be by passed, loopholed and juryrigged as explained above.