Each year, more and more people are diagnosed with cancer. In 2012 8.2 million people worldwide lost their lives to this terrible disease.
This is alarming when you really look into how much cancer treatment costs. With no generic drugs to challenge the ones on the market, there isn’t much choice for those who have to use them. Since 2013 the price of one cancer drug has risen up to 1,400%. Could you imagine?
According to the Wall Street Journal, a capsule of Lomustine cost about fifty bucks back in 2013, this being expensive but not too terribly bad. Sadly since a company called NextSource bought the rights to this drug in 2013 the price has risen to almost $800! I know, insane isn’t it?!
NextSource has increased the price nine times in about 5 whole years. Prices of the drug that this company actually renamed ‘Gleostine’ have increased BIG TIME. While NextSource claims they price this drug in relation to the benefits it provides, development costs, and regulatory fees you and I both know very well that is a load of shit.
Professor Henry Friedman, a Neuro-oncologist at Duke University actually told the Independent as follows:
“This is simply price gouging. People are not going to be able to afford it, or they’re going to pay a lot of money and have financial liability.”
While the Independent says that the US Food and Drug Administration is working to encourage others to produce generic versions as many patents have expired but who knows what will come of that. On top of this, the FDA is sending out warning letters to companies that advertise their products as able to treat cancer. This would not be an issue if they were only sending them to those who were lying about the benefits of their products but they are even sending them to those who can back their products with numerous studies.
Big Pharma is really something else… I cannot stand the way those who are ill get treated in current times. We should NOT be having to spend so much to stay alive, it’s pretty much ‘pay these outrageous prices or die’ and that is not okay. Would you want to lose your loved one to cancer because he or she couldn’t afford treatment? Far too many of us have been impacted by this kind of thing.