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January 9th, 2003, 03:40 PM
#1
Senior Member
OT: Drug Companies Profiterring this is really sad.
You know what they say right? America's Gov't hasn't legalized pot because they can't make money from it, or they won't cure disease for tor the money they get.
With America's bastard President passeda law protecting Drug companies, but heres where it gets interesting
Genzyme and others, like Orphan Medical (ORPH), benefit from the Orphan Drug Act in the United States and a similar law in Europe that give companies exclusive rights to the drugs for seven and 10 years, respectively.
The high cost of the drugs, usually covered by patients' insurance, is an added benefit. The 3,500 people who take Genzyme's Gaucher treatment, called Cerezyme, pay $170,000 a year. That's $600 million in annual revenue. And, since no cure exists, these patients will likely take the drug for the rest of their lives.
anyway heres the link to the full article
http://www.wired.com/news/technology...,57141,00.html
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