haiku-usa

A blog devoted mainly to haiku and senryu and to thoughts about, and inspired by, haiku and senryu.

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Location: New York, New York

Haiku is to poetry as espresso is to coffee.

Tuesday, April 28, 2015

value

maximum value –
price of life-saving drugs
up 500 percent

"Our duty is to the shareholders and to maximize the value [of our products]" – Laurie Little, Spokeswoman  for Valeant Pharmaceuticals International Inc.

(Wall St. Journal, April 26, 2015; the number is understated for reasons of rhythm.)

posted by Bill | 7:58 AM

4 Comments:

Blogger Magyar said...

Old thinker; in his seventy third year; a glass of wine.

__When life is so precious and limited, its cost is adjusted to suit only the investment source_?__I'll have another glass of wine.

11:07 AM  
Blogger Crafty Green Poet said...

it's shocking how companies profit from illness

11:11 AM  
Blogger Bill said...

Also, Valeant neither developed the drug nor improved it, either of which might justify a higher price. They simply bought the assets of the company that had developed it. According to WTJ (not exactly the "liberal media") this sort of thing is common in Big Pharma.

Thanks, M and Juliet.

12:30 PM  
Blogger haiku-shelf (Angelika Wienert) said...

"It's shocking..." (Crafty Green Poet)

I agree.

12:07 PM  

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