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04-06-2010, 12:44 AM #3
Senior Member
Walgreens: No New Medicaid Patients as of April 16
Have you ever stopped to think about the reasons why the pharmaceutical companies are fleecing us? The cost of getting drugs approved by the FDA is absolutely ridiculous. If the FDA didn't force the drug companies to pay so much for approval, or better yet, we eliminated the FDA, prices would go down. The cost associated with FDA approval alone, not including development cost, etc, is around $150 million and around 1 in 500 trial drugs make it to market. John Stossel makes some interesting points about the FDA in the clip below.
Originally Posted by RedLocks
With that said, I'm not a big fan of Walgreens either.
[YOUTUBE] YouTube - The Cost of FDA Approval[/YOUTUBE]
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