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thyroid pill manufacturer spikes price by 5,000%

Discussion in 'Coffee Shack (Daily News/Economy)' started by edsl48, Dec 1, 2017.



  1. edsl48

    edsl48 Silver Member Silver Miner

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    Big Pharma greed strikes again: “Life-changing” thyroid pill manufacturer spikes price by 5,000%
    [​IMG]

    The National Health Service is eyeing the cessation of the incessant prescription of Liothyronine, a drug that is used to treat thyroid disorders, after its manufacturer, Oakville, Canada-based pharmaceutical company Concordia International, increased its retail price by 5,662 percent to 9.22 British pounds from 16 p per tablet.

    Liothyronine is used to treat hypothyroidism or underactive thyroid, which affects 15 in every 1,000 women and one in every 1,000 men in the United Kingdom. Hypothyroidism is characterized by a poor ability to tolerate cold, constipation, a feeling of tiredness, depression, and weight gain.

    An underactive thyroid means your thyroid doesn’t produce enough hormone, and can be caused by many things, including lifestyle. In more severe cases, it can occur when the immune system attacks the thyroid gland and damages it, or when the thyroid sustains damage that was caused by treatments for an overactive thyroid or thyroid cancer.

    As there is only one supplier of Liothyronine, patients could be forced to go all the way to Europe, where a packet costs only around a few euros.

    According to TheTimes.co.uk, Liothyronine, which is a synthetic version of the hormone triiodothyronine or T3 (hormone produced by the thyroid gland), is “clinically effective but…has been subject to excessive price inflation,” noting that some health trusts have already stopped funding it.

    NHS reported that it prescribed liothyronine to around 13,000 patients in 2016. Prescriptions of the medicine by the NHS reached costs that were around 30.6 million British Pounds in 2016, up from 3.7 million British Pounds in 2011.

    Thyroid U.K. chief executive Lyn Mynott said she had been besieged with phone calls from panicking thyroid patients. “I think it’s going to be devastating for some. They are afraid they are going to be stopped and are expecting to become ill again.”

    A spokeswoman for Concordia International said the price hike was necessary as the medicine was “incredibly difficult to manufacture.” (Related: The dirty history of Big Pharma’s scientific censorship, oppression and destruction of human knowledge.)

    Higher levels of thyroid hormone associated with increased risk of heart disease
    A recent study showed that older adults with a higher level of free thyroxin (FT4, which is a hormone that is produced by the thyroid gland) have incredibly high chances of developing coronary artery calcification scores, which is a key indicator of atherosclerosis.

    “We expected that thyroid function would influence the risk of developing atherosclerosis by affecting cardiovascular risk factors such as blood pressure. However, our results remained very similar after accounting for several cardiovascular risk factors,” said lead author Arjola Bano, from the University of Erasmus in the Netherlands.

    “Our findings suggest that thyroid hormone FT4 measurement can help identify individuals at increased risk of atherosclerosis,” Bano added.

    For more stories on the activities of big pharmaceutical companies, whether they are unscrupulous or not, visit BigPharmaNews.com today.


     
    Hystckndle likes this.
  2. Alton

    Alton Gold Member Gold Chaser

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    Iodine is still pretty inexpensive...just sayin...
     
    Goldhedge and Someone_else like this.
  3. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    "As there is only one supplier of Liothyronine, patients could be forced to go all the way to Europe, where a packet costs only around a few euros."

    Apparently, they're looking for competition to enter the marketplace.
     
  4. latemetal

    latemetal Platinum Bling Platinum Bling

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    As long as government health care will cover it, prices will likely go up, announce the VA, Medicaid, and Medicare will not pay for it and lets see what happens.
     
  5. madhu

    madhu Silver Member Silver Miner

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    Just order it on alibaba
    Or ask someone going to India to pick them up for you
     
    Buck likes this.
  6. Buck

    Buck Fabian Society Gold Chaser

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    Order the Melamine Placebo, Round, Single Hash, White, 5,000,000 Qty for $5 with Free S/H
    You won't go wrong
    :2 thumbs up:
     
  7. Ensoniq

    Ensoniq Midas Member Midas Member Site Supporter ++

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    Synthroid and levothyroxine are cheap generics

    Something doesn't make sense
     

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