In the midst of runaway economic problem in Greece, the pharmaceutical industry has decided to blackmail the nation and halt shipments of medicines to Greece until it agrees to pay full price for the drugs. In order to cut costs during its severe debt crisis, Greece had announced it would pay drug companies 25 percent less for their products, but this loss of profit was enough to convince several pharmaceutical companies supplying key drugs to the country to initiate their own medical blockade where they simply refuse to deliver any more medicines.
In doing this, Big Pharma shows its true character. When the profits are flowing and the companies are raking in full-price profits, they're you're best friend. But when budgets get tight and everybody is asked to take a cut, Big Pharma betrays your country and its citizens, withholding medicines in a thinly-veiled blackmail attempt to force you to cough up more cash.
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4 months ago
2 comments:
So... if I am having some money problems... like losing my job and having to take a job where I make a bit more than half I did in 2008 (my actual situation), then I can just go to my landlord and tell them I'm going to pay a quarter less? Of course not.
Greece can negotiate with these companies for a lower price, or purchase the drugs from the market in some other nation. But they don't get to unilaterally decide they are going to lower the price of drugs. They can't force these companies to sell their goods there. They can just stop shipping them.
And people can just die, because what's really important here? Profits, billions in profits.
Hey, it's not your life on the line. Why should you care? And when it is your life on the line, there may not be anyone who can stand up for you.
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