Article

2019-08-03 Economy

Drug Companies ‘Fear-Mongering' to Resist Trump Administration Plan to Allow Import of Pharmaceutical Drugs

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Posted by Besoeker 2019-08-03 01:50|| || Front Page|| [9 views ] Top

#1 This is for TW

Yes R&D can run into the billions however you can carry forward losses to protect future profits on successful drugs

The point is that GAAP says R&D is a sunk cost and should not be used to determine the costs of the drug. If you spent 200 million in R&D on drug x in 2013, it has been deducted or recouped in tax deductions so that it should not be used as a cost when the drug goes to market in 2019.

R&D is annualized and deducted every year not cumulatively

Posted by Sock Puppet of Doom 2019-08-03 08:16|| 2019-08-03 08:16|| Front Page Top

#2 Thank you, Sock Puppet of Doom. The issue, as I am now seeing it from our slow motion discussion, is the difference of approach between accounting and return on investment. What think you of this:

Return on investment falls for pharmaceutical industry

Posted by trailing wife 2019-08-03 10:56|| 2019-08-03 10:56|| Front Page Top

#3 If done, then drug companies would raise prices on drugs sold elsewhere in order to maintain overall supply/demand/cost/price structure.

Posted by Glenmore 2019-08-03 13:59|| 2019-08-03 13:59|| Front Page Top

#4 I suspect Drug companies are a bit more afraid of the Democrat candidate plans at this point.

Posted by ruprecht 2019-08-03 15:10|| 2019-08-03 15:10|| Front Page Top

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