[Ip-health] Australia

George Carter gmcfiar at gmail.com
Thu Dec 24 05:51:01 PST 2015


More interesting comments…
http://seekingalpha.com/article/3770546-gilead-the-sign-of-things-to-come?ifp=0&v=1450874700 
Well, here's some news you might want to consider in re Australia. I think Americans are getting pretty fed up with Pharma raping our health care system, patchwork and crappy as it is. But kudos to Australia! And more people will visit places like Australia, India, etc. to get treatment. Or figure a way to bring it in. Maybe Medicaid directors will decide that rather than having their entire budget raped for one drug, they'll void the patent and import the drug. State's rights given a whole new (actually good instead of racist) meaning?

Not to mention which, investing in Gilead is a lose-lose situation for everyone but john c martin's pocketbook. They suck....and Australia shows why.
Look at the deal they got!!

http://blogs.hepmag.com/gregjefferys/ 
Quote from the URL:
 The government will be paying Gilead and Bristol Myers Squibb between $10,000 and $20,000 per person treated depending on the combination of Hep C medication used.
Apparently the Australian government has budgeted for 6,500 treatments per year over the next five years (the current treatment rate over the past four years has not been above 4,000 per year using the Interferon Simprevir Ribavirin treatments)
The drug companies have agreed that if more than 6,500 people require Hep C treatment in any given year then they will supply the medication free to treat them. This means that if 10,000 people with Hep C seek treatment next year the drug companies will give the medicine free to the last 3,500.






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