Obama and His Healthcare Fiasco

He conjured it up, and now we have to suffer.


And if this is the case for them, why are we any different.




‘NHS doesn't care about cost of medicine’: Drugs firms accused of profiteering by raising prices by ONE THOUSAND per cent


By Jason Lewis
The Daily Mail
18th July 2010


Millionaire who raised the price of widely-used drugs by 1,000% over two years says: ‘I don’t have to justify my profits to anyone’

Drugs companies making everyday medicines for the NHS are facing claims of profiteering after imposing huge price rises for commonly prescribed drugs.

The increases – some as high as 1,000 per cent in just two years – coincided with some of the firms involved earning massive profits.

One company boss said the NHS ‘doesn’t care what it costs’.

Drugs made by Teva, one of the world's largest pharmaceutical firms. It is the main producer of Qvar asthma inhalers, which have gone from costing a couple of pounds to £16

The medicines are not new innovative products developed by pharmaceutical companies after enormous investment in research and development.

Instead, they are unbranded so-called ‘generic’ drugs which have been available for many years and include commonly used antibiotics prescribed to millions of patients.

Last night, The Mail on Sunday investigation prompted the Department of Health to reveal it had launched a review of the price increases and to say that it was examining what action could be taken against manufacturers deemed to be making excess profits.

The revelations will be particularly upsetting for cancer patients and others trying to get access to expensive life-prolonging drugs which have been blocked on the grounds of cost.

Last month, in the latest controversial decision of its kind, the UK’s medicines advisory body, the National Institute for Health and Clinical Excellence, recommended against the NHS paying for a new breast cancer drug.

One of the medicines under the spotlight after a huge unexplained price increase is hydrocortisone tablets – a daily lifesaver for thousands of kidney patients.














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