A Quote by Mike Simpson

While American taxes pay for much of the research and development that goes into creating the new, life-saving drugs, American consumers continue to subsidize the cost of the drugs for consumers across the world.

Mike Simpson

Quote Topics

Across American Consumers Continue Cost Creating Development Goes Life Life-Saving Much New Pay Research Research And Development Saving Taxes While World

Quote Author

Mike Simpson
American - Politician
Born: September 8, 1950

There is no disputing the fact that American consumers pay 30 to 300 percent more for the same prescription drugs as our counterparts in Canada, Europe, and the rest of the world.

Mike Simpson

Indeed, we must foster cost-saving competition. And that means joining the marketplace of other industrialized countries - not just for the manufacturers who sell drugs, but for consumers as well.

Olympia Snowe

If you look at the expenses of a great pharmaceutical company, they pay between about 10 to 15 percent of their expenses for research, but they use 30 to 40 percent of their incomes for marketing and promotion. It is not completely wrong that they spend so much, but it is not correct to say that there is a direct connection between the price of drugs and the cost of research. It could be more between the cost of marketing and the cost of the drugs.

Pascal Couchepin

The goal of re-importation is to provide American consumers with access to drugs at the world market price - not the inflated price now paid only by Americans.

Mike Simpson

If old consumers were assumed to be passive, then new consumers are active. If old consumers were predictable and stayed where you told them, then new consumers are migratory, showing a declining loyalty to networks or media. If old consumers were isolated individuals, then new consumers are more socially connected. If the work of media consumers was once silent and invisible, then new consumers are now noisy and public.

Henry Jenkins

Drug companies spend more on advertising and marketing than on research, more on research on lifestyle drugs than on life saving drugs, and almost nothing on diseases that affect developing countries only. This is not surprising. Poor people cannot afford drugs, and drug companies make investments that yield the highest returns.

Joseph Stiglitz

As for drugs, it annoys me that people think it`s the worst thing in the world compared with, say, not paying your taxes. If you don`t pay tax, you may be stealing from someone who needs an operation. As for me and drugs or alcohol: No thanks, I`m abstaining for a while.

Lily Allen

What does have a chance of becoming law is a process that begins with securing the border. Currently the border is not secure and not just immigrants are coming across, but also drugs, weapons a whole series of problems. And I think that if you can prove to the American people that illegal immigration is under control, I think that the American people are willing to do something very reasonable about people who have been here for many years, who are not criminals, who are going to pay a fine, who are going to pay taxes, who are working.

Marco Rubio

While I recognize the great value and importance of prescription drugs and strongly support a continued U.S. focus on pharmaceutical research and development, our nation's seniors cannot be asked to subsidize the drug costs of other wealthy industrialized nations any longer.

Mike Simpson

Patent monopoly creates a lot of problems. It allows the patentee to charge the maximum to consumers. This may not be a problem if the patented product is a luxury item, like parts that go into a smartphone, but can violate basic human rights if it involves things such as life-saving drugs.

Ha-Joon Chang

Whether the medium is ready for consumers is better judged by those consumers. I sometimes read online - but not often. The stigma is attached to pay scales. Much online publication is no pay or small pay.

Gene Wolfe

Once brave politicians and others explain the war on drugs' true cost, the American people will scream for a cease-fire. Bring the troops home, people will urge. Treat drugs as a health problem, not as a matter for the criminal justice system.

Larry Elder

The choice is not between drugs and no drugs, but between illegal drugs and legal drugs. Until the 1920s drugs were legal, why not now? Lots of people are on drugs anyway - it is called medication.

David Hockney

American consumers are not saying they will not buy GMO foods. What they're saying is "I want to know. I want to know." EU consumers are much happier because they know what they're buying, and they've seen a continued increase in sales.

Peter Shumlin

When we find unjustified spikes in the prices of long-standing life-saving drugs, we should slap penalties on companies trying to cheat people who need those drugs!