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NIGE

Swine Flu

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This afternoon, after hearing that my younger sister had been diagnosed with Swine flu, I started giving the disease some thought and realised the amount of money that could be made out of supplying Tamilflu, supposedly the only effective drug to combat the illness.

Anyway, after some brief internet research I learned that one company has the rights to produce and sell the drug, it's called Hoffman La Roche Inc - which is a listed Swiss Global Healthcare company - Ok no big deal so far, however, after a recent court case regarding the alleged monopoly on the sale of the Tamiflu drug, Gilead Sciences inc, who discovered the drug, were awarded 14 - 22 % of the annual net sales of Hoffman La Roche Inc.

http://en.wikipedia.org/wiki/Hoffmann%E2%80%93La_Roche

http://en.wikipedia.org/wiki/Gilead_Sciences

Donald Rumsfeld was appointed chairman of Gilead sciences in Jan 97 - he had been a member of the board since 1998.

Mmmnnn......

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This afternoon, after hearing that my younger sister had been diagnosed with Swine flu, I started giving the disease some thought and realised the amount of money that could be made out of supplying Tamilflu, supposedly the only effective drug to combat the illness.

Anyway, after some brief internet research I learned that one company has the rights to produce and sell the drug, it's called Hoffman La Roche Inc - which is a listed Swiss Global Healthcare company - Ok no big deal so far, however, after a recent court case regarding the alleged monopoly on the sale of the Tamiflu drug, Gilead Sciences inc, who discovered the drug, were awarded 14 - 22 % of the annual net sales of Hoffman La Roche Inc.

http://en.wikipedia.org/wiki/Hoffmann%E2%80%93La_Roche

http://en.wikipedia.org/wiki/Gilead_Sciences

Donald Rumsfeld was appointed chairman of Gilead sciences in Jan 97 - he had been a member of the board since 1998.

Mmmnnn......

Old news.

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You can make money selling medicine to people.

They do this by coming up with an original product and selling it at a premium.

Thanks for pointing out that.

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You can make money selling medicine to people.

They do this by coming up with an original product and selling it at a premium.

Thanks for pointing out that.

You can make money selling medicine to people.

They do this by coming up with an original disease and selling a product that doesnt work at a premium.

ADD or RLS anyone?

In time, snake oil became a generic name for many compounds marketed as panaceas or miraculous remedies, whose ingredients were usually secret, unidentified, or mis-characterized — and mostly inert or ineffective, although the placebo effect might provide some relief for whatever the problem might have been.

We call this patented now days. :lol:

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