Byrne-ing Up The Internet

Billy Tauzin

The New York Times has a great story today about how Big Pharma has jacked up its prices over 10 Billion dollars in the last year,  in anticipation of health care reform  http://www.nytimes.com/2009/11/16/business/16drugprices.html. This creates a new baseline for the 80 Billion dollars over the next ten years that it will pay back the government under the negotiated deal with the White House.

Anybody who thinks they can depend on Drug Companies to do something altruistic is naive or willfully stupid. Mr. Tauzin is the CEO and President of PHRMA and former Republican Congressman from Louisiana (enough said).