Coronavirus update - NO MORE RESTRICTIONS

[lisvaneblue]

At least part of the story is not about the early bird catching the worm. A global problem is on it's way to being solved in some countries via protectionism and America acting in bad faith.

The Pharmaceutical Industry is a global success story for capitalism. Drug manufacture is complex and depends on many industries pulling together..manufacturers of pharmaceutical quality glass, pharmaceutical quantity rubber stoppers and seals, excipient manufacturers etc. Once politicians interfere the thing can fall apart.

Dave Keating is right in many of his comments but he brushes over some important facts:

The UK signed a contract with AZ in English Law based on supply of fixed quantities of product. The EU contract was in Belgium Law and based on best efforts of each party. Second the EU wanted product manufactured within the block if facilities existed.

It's all come back to haunt them and they seem willing to disrupt legitimate supply to other countries in order to get supply. A sad tale for everyone

[life on mars]

The Pharmaceutical Industry is a global success story for capitalism. Drug manufacture is complex and depends on many industries pulling together..manufacturers of pharmaceutical quality glass, pharmaceutical quantity rubber stoppers and seals, excipient manufacturers etc. Once politicians interfere the thing can fall apart.

Dave Keating is right in many of his comments but he brushes over some important facts:

The UK signed a contract with AZ in English Law based on supply of fixed quantities of product. The EU contract was in Belgium Law and based on best efforts of each party. Second the EU wanted product manufactured within the block if facilities existed.

It's all come back to haunt them and they seem willing to disrupt legitimate supply to other countries in order to get supply. A sad tale for everyone

Think I read somewhere that Labour were keen to break the big pharma global control up

[jon1959]

Think I read somewhere that Labour were keen to break the big pharma global control up

I'm not sure that would be within the gift of a future Labour government - not unless you believe extreme globalist conspiracy theories. You don't do you?

Labour has certainly got a bag of potential policies for Big Pharma in the UK - although the main focus seems to be maintaining quality and price protection, and regulation, for the NHS through any UK-US trade deal.

Most of the international press provides free PR for Big Pharma - aided by a few loss leader decisions around 'at cost' Covid 19 vaccinations for developing countries. But Big Pharma is still all about profiting from public sector research, outrageous prices for prescription drugs (especially in the USA, but across the world), and promoting opioid addiction!

[lisvaneblue]

I'm not sure that would be within the gift of a future Labour government - not unless you believe extreme globalist conspiracy theories. You don't do you?

Labour has certainly got a bag of potential policies for Big Pharma in the UK - although the main focus seems to be maintaining quality and price protection, and regulation, for the NHS through any UK-US trade deal.

Most of the international press provides free PR for Big Pharma - aided by a few loss leader decisions around 'at cost' Covid 19 vaccinations for developing countries. But Big Pharma is still all about profiting from public sector research, outrageous prices for prescription drugs (especially in the USA, but across the world), and promoting opioid addiction!

Just to give you some data on the price of prescription medicines, the UK has some of the lowest prices in the world... a few examples of commonly used prescription medicines: Atorvastatin 28 tabs £1.00, Amlodipine 28 tabs £1.00, Ramipril 28 caps £1.15. Big Pharma does not necessarily mean big prices

[goats]

The Pharmaceutical Industry is a global success story for capitalism. Drug manufacture is complex and depends on many industries pulling together..manufacturers of pharmaceutical quality glass, pharmaceutical quantity rubber stoppers and seals, excipient manufacturers etc. Once politicians interfere the thing can fall apart.

Dave Keating is right in many of his comments but he brushes over some important facts:

The UK signed a contract with AZ in English Law based on supply of fixed quantities of product. The EU contract was in Belgium Law and based on best efforts of each party. Second the EU wanted product manufactured within the block if facilities existed.

It's all come back to haunt them and they seem willing to disrupt legitimate supply to other countries in order to get supply. A sad tale for everyone

An eye opener for everyone.....