Wednesday, November 18, 2009


Reform for Raising Prices

Following its earlier report about record-breaking increases on drug prices, the NYT today editorializes that Congress should abandon its "deal" with the drug industry, which traded industry support for healthcare reform for $80 B in price cuts, mainly to Medicare and Medicaid.

The industry claims are all those we've heard in every other context in which its interest has needed defending--the price of new drug development, meeting FDA's regulatory demands, etc., etc..

How real was this "deal" ever? Is it time to fuggedaboudit?


  1. Dear Mr. Ponzi,
    The administration’s Office of Management and Budget has reviewed your math, and I must say we like what we see. Our computations show that if you raise prices 9% and then reduce them by 8%, you will break even, the consumer will think they got a deal, and the government will have another feather in its cap.
    I am happy to report, we have adopted your formula into our economic recovery plan for 2010. We are planning to quietly raise taxes by 10% before announcing a 5% across-the-board tax reduction. We hope to use the windfall to buy Congress an improved health plan.
    Very best regards,

  2. hmmm...after reading what Sam had to say,I think we should fuggedaboudit.

  3. The following editorial from today's NY Times may be of interest to your readers.

  4. As of 9:30 AM EDT, on May 3, 2010, Ed's Pharmalot site has been knocked offline.

    This could be a temporary back up site, no?


  5. As of 6:30 AM EDT, on July 21, 2010, Ed's Pharmalot site has been knocked offline.

    This could be a temporary back up site, no?


  6. Looking here for information about Pharmalot. Any news about why it's down or when it will be back up?

  7. Have not posted here in some time and only recently visited Pharmalot. I have not seen any recent Posts by Justice. Is he still active?

  8. As of 6:30 AM EDT, on October 5, 2010, Ed's Pharmalot site has been knocked offline.

    This could be a temporary back up site, no?


  9. This is getting to be a regular thing. It must be driving Ed nuts.

  10. Now it reads "Site Not configured". That notice is as of 9 AM EDT on Wed. October 6, 2010.

  11. If you click the WebFaction link at the top, it says that old style web hosting is dead, etc etc.

    I'd hate to think it might all be gone.

  12. I spoke with Ed.
    He said that Pharmalot was supposed to be down for one hour yesterday morning for some repairs and they ran into some problems. If it isn't back online too late today he will post some items later. Otherwise he will resume in the morning.

  13. Seems is down again today -- first noticed it yesterday afternoon around 2 pm Eastern. The host is still not resolving as of 8:15 am Eastern this morning.

    I wish Ed's tech team all the best -- but it may be later today before he's back up, since his techies are on Pacific schedules.


  14. Pharmalot is offline as of late this evening, Eastern time, again.

    Just FYI.

  15. Pharmalot's site has been filched by a Melbourne Australia domain holder -- looks to be a hack.

    Beware -- no Ed!

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  24. Seems Ed has left pharmalive.

    More soon!


    1. Pharmalot is done. Will this blog come back?


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