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And, yes, I DO take it personally: Greedy big pharma bastards
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Monday, November 16, 2009

Greedy big pharma bastards

like they aren't already hauling in money fast enough...
Even as drug makers promise to support Washington’s health care overhaul by shaving $8 billion a year off the nation’s drug costs after the legislation takes effect, the industry has been raising its prices at the fastest rate in years.

In the last year, the industry has raised the wholesale prices of brand-name prescription drugs by about 9 percent, according to industry analysts. That will add more than $10 billion to the nation’s drug bill, which is on track to exceed $300 billion this year. By at least one analysis, it is the highest annual rate of inflation for drug prices since 1992.

The drug trend is distinctly at odds with the direction of the Consumer Price Index, which has fallen by 1.3 percent in the last year.

check out this load of crap...
[D]rug companies say they are having to raise prices to maintain the profits necessary to invest in research and development of new drugs as the patents on many of their most popular drugs are set to expire over the next few years.

ya know what...? there's no longer even a graceful ATTEMPT to disguise naked greed... sure, the drug companies will put out the obligatory totally bullshit statement about WHY they're having to raise prices but it's all eyewash... they might just as well drop all pretense and give you and me the famous one-finger salute because THAT'S what they're really communicating...

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