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Today, Bristol-Myers Squibb, which charges nearly $1,000 for a 30 day supply of one of its HIV/AIDS medications, is donating $1 to the National AIDS Fund for each person who simply visits its website and "virtually lights a candle."  The tally is near 1.3 million now.

Please take a moment to "light a candle":

www.lighttounite.org

Capitalism

Date: 2006-12-16 01:54 am (UTC)
From: [identity profile] baddogsprocket.livejournal.com
BMS assumed a whole lot of risk when they paid a bunch of expensive Scientists to develop the medications in the first place. They could have spent millions, or even billions, and not have even got out of clinical trials.

Now that their drugs are FDA-approved, they still risk litigation against them if their treatment kills a patient ... who was going to die anyway.

That is why they have to charge so much money.

Look on the bright side, though. The competition in the Pharmaceutical Industry virtually guarantees that BMS will roll a huge chunk of their profits into research and development of better drugs. Which means everyone wins, eventually.

Ain't Capitalism great?

Re: Capitalism

Date: 2006-12-16 04:00 am (UTC)
From: [identity profile] salienne.livejournal.com
Well the point of my posting this was really the link...

Capitalism is confusing. @_@

Re: Capitalism

Date: 2006-12-16 05:01 am (UTC)
From: [identity profile] baddogsprocket.livejournal.com
After I lit a candle, they popped up an advertisement for their AIDS/HIV drug, called Reyataz.

There was a whole laundry list of medicines that you cannot take if you are on Reyataz ... including ... Viagra???

Just think about that.

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