This week, Merck’s CEO, Kenneth Frazier, resigned from President Donald Trump’s American Manufacturing Council in protest over the president’s initial response to the violence in Charlottesville, VA. White supremacist groups came together to protest the removal of a statue of Robert E. Lee, who headed the Confederate Army, and counter-protesters clashed this past Saturday. During the events, a self-affiliating white supremacist drove a car into a crowd of counter-protesters, killing one person and injuring 19. The president condemned the violence but made it seem as if both sides, white supremacists and counter-protesters, were equally to blame, which is wrong. Mr. Frazier believed that President Trump should have forcefully and clearly criticized white supremacists.
I strongly agree with and applaud Mr. Frazier’s action. However, I felt compelled to write about this issue because President Trump mocked Mr. Frazier on Twitter about high drug prices. He wrote: “Now that Ken Frazier of Merck Pharma has resigned from President’s Manufacturing Council, he will have more time to LOWER RIPOFF DRUG PRICES!”
Mr. Frazier, the son of a hardworking janitor, worked his way up to his current position. He is also African American. For obvious and good reasons, he took a stand. But Mr. Frazier is also CEO of a Big Pharma company and not interested in lower drug prices.
President Trump is the one who needs to act, and President Trump is the one who can lower drug prices.
Trump supported legalizing importation of lower cost medications during his presidential campaign. It was one of his few positions that has wide, bi-partisan public support. He has the executive authority, via the Secretary of Health and Human Services, to expressly permit personal drug importation now.
Now is the time to use that authority.
Tagged with: Big Pharma, Drug Prices, Kenneth Frazier, Merck, President Trump, Robert E. Lee
Voters want importation to be legal.
Shocking. Contrary to the outcry against high drug prices in the United States and the findings of the Kaiser Family Foundation, a recent survey conducted by the Alliance for Safe Online Pharmacies (ASOP or “Buy Safe Rx”), the Pharma-funded nonprofit, found that a majority of consumers (59%) oppose legalizing drug importation “after being provided with information specifically pertaining to Canadian online pharmacies.” Information, huh? First, let’s talk about an objective survey on the issue.
In May of this year, the Kaiser Family Foundation issued a more comprehensive, larger survey that found the complete opposite result of ASOP: 72% of respondents support legalizing drug importation from Canada, with Democrats and Republicans agreeing on this issue.
Also, despite the federal prohibitions, nineteen million Americans say they have imported lower cost medication from other countries.
The ASOP “survey” respondents were provided fear-inducing “statistics” surrounding Canadian online pharmacies before asking the survey questions. One such “factoid” gives you a window into the scheming nature of the whole project: (more…)
Tagged with: Alliance for Safe Online Pharmacies, ASOP, Big Pharma, Kaiser Family Foundation, survey
Since Americans started importing medications for personal use in larger numbers at the beginning of the last decade, the Pharmaceutical Researchers and Manufacturers of America (PhRMA), Big Pharma, has engaged in media and government relations scare tactics to try and stop them. Apparently, when it comes to foreign versions of the new FDA-Approved Emflaza, which treats Duchenne Muscular Dystrophy, one board member of PhRMA supports importation!
Last week, I wrote about the decision of drug company Marathon Pharmaceuticals to postpone selling Emflaza over pricing concerns and how the issue shines a bright light on the benefits of personal drug importation. To summarize: some folks are outraged because Emflaza (deflazacort) was launched at a price of $89,000 for a one year supply. This seems insane when foreign versions of deflazacort, which cost 1% that amount (less than $1000), are already imported for personal use.
PhRMA is trying to distance itself from Marathon, just like it did with Martin Shkreli, former CEO of Turning Pharmaceuticals, when the price of Daraprim jumped from $13.50 to $750 a pill overnight. The CEO of Marathon, Jeff Aronin, however, sits on PhRMA’s Board of Directors! Last week, John Carroll of Endpoints News predicted last week that Aronin might be dropped. As of today, he’s still there.
Mr. Aronin wrote a letter to the Duchenne community that fully acknowledged American kids were already being treated with an unapproved foreign version of deflazacort. In his words: “As we all know, deflazacort was being used without FDA approval — and without ever having been approved anywhere in the world for Duchenne — by a very small group of patients (roughly 7 to 9 percent) in the Duchenne community who imported it from overseas.”
But does he support it? I mean, after all, the “score” for Marathon is that once it’s available for sale in the U.S., it will be purchased here. At least for the time being, this PhRMA board member does support it and seems to have no concern whatsoever whether the foreign version is safe and effective, not should he, since, like other medications, it was approved for safety and efficacy elsewhere. In noting that Marathon will “pause our commercialization” of Emflaza,” maintain its Expanded Access Patient Assistance Program, Aronin also state: “Patients currently receiving deflazacort from other sources may continue to have that option.” Damn right.
Is it hypocritical of PhRMA to diss Marathon? After all, brand drug companies jacked prices 130 times the inflation rate in 2015. Forty-five million Americans didn’t fill a prescription in 2016 due to cost. PhRMA will continue its practice of legal bribery and unleash a new, shiny PR campaign about life sciences and innovation — to prevent legislative and regulatory reforms that would lower drug prices. It’s going to take an unpredictable, unexpected populist wave of American anger at drug companies to bring their house down. In the meantime, maybe the people will take a hint from one PhRMA board member and import unapproved and lower cost medications.
Tagged with: aronin, Big Pharma, deflazacort, emflaza, marathon, phrma