Posted 10 years ago
Militarist
(311 items)
McKesson & Robbins Co. was an established company producing mostly nonprescription and over the counter type nutrition products until 1925 when it was bought out. The new owners used the firm as a front for bootlegging and eventually for a massive investment “Ponzi” scheme which only came to light after the crash of 1929. The company was then labeled the largest fraud of the 20th century. They did how ever at least show some appreciation to their long term employees. For example the McKesson & Robbins Company gave massive uniface cased bronze plaques which are 63 by 101.7 mm in size for 25 and 50 years of service. Illustrated here are two of those plaques both named to a lady, Hattie M. Martin. These were the “good old days” which I define as the time before the big drug corporations decided to bankrupt us all before we die.
You got that right in that last quip. Euro countries usually cover prescriptions & don't let pharmaceutical companies steal like that. My prescriptions cost me 1/2 - 1/4 what it does in the States. You pay for it in higher prescription insurance while your representatives are bribed by those companies.
Thanks blunderbuss. Over the years I have come to the conclusion that the drug companies should be regulated like the public utilities. It is not a free market when the consumer has to buy or die and the greedy owners buy the rights to an old (no development costs) drug and jack up the prices by 1000%.
Don't the consumers say anything when they find out that a brand of medication they have to take, cost $8 in the U.S. & maybe $2-3 in another country ? I have a good pharmacist who lets me have Cialis @ 12 for $50., or $4.16 ea.. I sell them for $7 ea.. If I bought them at Walgreens, they are $17.?? ea.. Same brand !
Just to give you an idea of the theft Americans are forced to live with ! Shocking !
I don't know Thomas. How much ? Once when I forgot a medication when I flew to Miami, I asked around about maybe getting 5-10 pills. I paid to fly down to Mo Bay & back with a new bottle & saved over $38 after expenses ! (The med. was $6 per 100)