Sunday, May 18, 2014
Friday, May 16, 2014
Big Pharm is Big $$$
* Fifteen cancer drugs introduced in the last five years cost more than $10,000 per month
* A cholesterol-lowering treatment for those with certain rare genetic disorders costs $311,000 per year
* A cystic fibrosis medicine costs $300,000 per year (development partially funded by charity)
* In 2012, Americans spent $263 billion on prescription drugs
* Generic drugs now make up 86% of all medicines used in the U.S.
* The $19.3 billion lost to patent expirations in 2012 was offset by a $20 billion increase in prescription drug prices
Source - Bloomberg Businessweek
* A cholesterol-lowering treatment for those with certain rare genetic disorders costs $311,000 per year
* A cystic fibrosis medicine costs $300,000 per year (development partially funded by charity)
* In 2012, Americans spent $263 billion on prescription drugs
* Generic drugs now make up 86% of all medicines used in the U.S.
* The $19.3 billion lost to patent expirations in 2012 was offset by a $20 billion increase in prescription drug prices
Source - Bloomberg Businessweek
Wednesday, May 14, 2014
Thursday, May 8, 2014
Panama:
* Has a 2.7% unemployment rate (2012)
* Has a 10.4% average GDP (2006-2008)
* Has eased residency requirements for immigrants from more than 40 nations (including U.S.)
* Immigrants can start a business by opening a $5,000 local bank account
* 10% white
* 8% speak English as first language (although most speak English)
* 93% of Panamanians are Christian
* Crime is moderate, but becoming less frequent
http://en.wikipedia.org/wiki/Panama
* Has a 10.4% average GDP (2006-2008)
* Has eased residency requirements for immigrants from more than 40 nations (including U.S.)
* Immigrants can start a business by opening a $5,000 local bank account
* 10% white
* 8% speak English as first language (although most speak English)
* 93% of Panamanians are Christian
* Crime is moderate, but becoming less frequent
http://en.wikipedia.org/wiki/Panama
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