Quote from Page 161: "As long as the pharmaceutical companies' quest for..."

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LuckyR
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Re: Quote from Page 161: "As long as the pharmaceutical companies' quest for..."

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Sushan wrote: July 23rd, 2021, 5:55 am
LuckyR wrote: July 22nd, 2021, 1:42 am
Sushan wrote: July 21st, 2021, 8:26 am
LuckyR wrote: July 21st, 2021, 1:54 am

Ah so. Well in the absence of the FDA (Food and Drug Administration), there may be a lack of testing to verify that generics have the same active ingredients. Caveat emptor.
FDA or whatever the authority that is responsible for the quality of the medicine cannot check each and every tablet for their quality. So they get a sample, check it, and give the whole lot the stamp of approval. If the big companies have the will, they can find enough ways to fool these authorities. So, yes, buyer should be aware of this.

But at the same time a buyer too cannot check the quality of the medicine, can he? So it is hard to beware as well.
Big companies have far too much to lose (huge mark up on name brands) to risk their good name on nickel and diming on diluting their product. Fly by night off brands who can't command high price points are going to be where shenanigans are going to be found.
Exactly my point. Big companies will never reduce the quality of their products. But to promote their brands over the cheap generics they may influence those generics to be made in poor quality. And in most occasions the generic drug producers are bought by these large companies. So ultimately the generics drugs will be given for free by government maintained hospitals, but people will see that they are not curing them. Then the brands come into play and they get hold of the market. I am not sure whether this happens eeverywhere, but it happens in my country.
Where do you reside, btw?
"As usual... it depends."
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Sushan
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Re: Quote from Page 161: "As long as the pharmaceutical companies' quest for..."

Post by Sushan »

LuckyR wrote: July 23rd, 2021, 7:38 pm
Sushan wrote: July 23rd, 2021, 5:55 am
LuckyR wrote: July 22nd, 2021, 1:42 am
Sushan wrote: July 21st, 2021, 8:26 am

FDA or whatever the authority that is responsible for the quality of the medicine cannot check each and every tablet for their quality. So they get a sample, check it, and give the whole lot the stamp of approval. If the big companies have the will, they can find enough ways to fool these authorities. So, yes, buyer should be aware of this.

But at the same time a buyer too cannot check the quality of the medicine, can he? So it is hard to beware as well.
Big companies have far too much to lose (huge mark up on name brands) to risk their good name on nickel and diming on diluting their product. Fly by night off brands who can't command high price points are going to be where shenanigans are going to be found.
Exactly my point. Big companies will never reduce the quality of their products. But to promote their brands over the cheap generics they may influence those generics to be made in poor quality. And in most occasions the generic drug producers are bought by these large companies. So ultimately the generics drugs will be given for free by government maintained hospitals, but people will see that they are not curing them. Then the brands come into play and they get hold of the market. I am not sure whether this happens eeverywhere, but it happens in my country.
Where do you reside, btw?
I am sorry for the time that it took to reply. I am from Sri Lanka.
“There is only one thing a philosopher can be relied upon to do, and that is to contradict other philosophers”

– William James
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LuckyR
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Re: Quote from Page 161: "As long as the pharmaceutical companies' quest for..."

Post by LuckyR »

Sushan wrote: February 25th, 2023, 12:06 am
LuckyR wrote: July 23rd, 2021, 7:38 pm
Sushan wrote: July 23rd, 2021, 5:55 am
LuckyR wrote: July 22nd, 2021, 1:42 am

Big companies have far too much to lose (huge mark up on name brands) to risk their good name on nickel and diming on diluting their product. Fly by night off brands who can't command high price points are going to be where shenanigans are going to be found.
Exactly my point. Big companies will never reduce the quality of their products. But to promote their brands over the cheap generics they may influence those generics to be made in poor quality. And in most occasions the generic drug producers are bought by these large companies. So ultimately the generics drugs will be given for free by government maintained hospitals, but people will see that they are not curing them. Then the brands come into play and they get hold of the market. I am not sure whether this happens eeverywhere, but it happens in my country.
Where do you reside, btw?
I am sorry for the time that it took to reply. I am from Sri Lanka.
Sorry to hear that. A good source of high quality, cheap pharmaceuticals is Mexico.
"As usual... it depends."
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