popsdosh
Well-Known Member
I'm not sure bhs livery yard registration is comparable to the testing and licensing is prescription medications!
No I would suggest they were more important
I'm not sure bhs livery yard registration is comparable to the testing and licensing is prescription medications!
YCBM you may find this interesting aswell.
http://www.fda.gov/ICECI/EnforcementActions/WarningLetters/2014/ucm422545.htm
Very interesting thank you. That's actually made me much more likely to trust their products! They have all been tested by the FDA and only one product is out of spec, and that is only just outside the range allowed for an NTI drug (narrow therapeutic index - easy to overdose and underdose) And omeprazole is not an NTI drug I horse, I don't think. Also, I note that the company is Australian, not Indian, so although the drugs are being made in India, they are being overseen by a company based in a stronger regulatory environment.
The US are trying to shut them down but it was two years ago, so presumably they have no jurisdiction. It would be interesting to know if the Australians are trying to shut them down, but since they need to have a much more relaxed approach to veterinary medicine (because of the vast distances vets need to cover), I doubt it. The drug is out of patent, freely available on the internet on various versions, human and horse, so there seems little incentive for anyone except those selling licenced product to persue this.
The problem, as far as I can see, is being caused by pure greed on the part of the two companies who hold a licence. Few would go for an illegal source if they were not trying to take an unreasonable profit off what is now a very common or garden product.
Pfizer have just been given a huge fine for doing the same thing to the NHS. There doesn't seem any interest on the part of the authorities to protect private horse owners in the same way.
How much does it cost to licence a drug that has already passed all its testing requirements Popsdosh? I don't know. What I do know is that the huge costs for a new drug are to pay for the enormous costs of development and testing, which is why it is given protection for a considerable time. Omeprazole for horse ulcer use is out of patent. Development and testing costs have been recouped. I cannot believe licencing costs alone justify Gastrogard still being sold at the same kind of price it has always been, or its one competitor product to only just undercut them. I think it's price fixing between the two of them, pure and simple.
For a generic
2 years of development
18 months of going through regulatory process
compared to 10-12 years for a new product.
http://www.bbc.co.uk/programmes/b07j7j6m
So why has no other companies jumped on the huge profits bandwagon,surely theres nothing stopping them apart from producing their own product with protective carrier ,licence it and sell and watch their profits go through the roof. Sometimes you just dont want to see the obvious.
OK, I have looked up licence frees and they are under five thousand pounds. I think that's to hold any number of drugs, but for ease let's assume it's only one. There is also a one-off licence for each import but the cost of that is minimal. If they supply it to one hundred people a year, it adds £50 to the cost of each order. The two companies supplying licenced omeprazole are charging several hundreds more per course, not £50. And I'll eat my hat of they aren't to a lot, lot more people than 100, so the licencing cost is almost immaterial.
It cost a hell of a lot more than that to get approval for a veterinary medicine LOL if only your figure was accurate , I think you may have found wholesalers licence fees.
Because there are bigger markets elsewhere to make even more profits out of, like the NHS. Pfizer hasn't just been fined £84.2 million for a minor oversight!
You I am sure will wish to see all my working out however I have just done the maths and was quite shocked to discover how much your theories get blown out of the water.
To make it very simple for you buying 20mg generic omeprazole pills from the cheapest source I could find put each mg at 3.5pence a 500kg horse would require 100 pills at 70p/each so £70/day
At the same dose as recommended of 2000mg (0.71p?mg) the same horse with peptizole would cost £14.20 /day
God their really ripping off the horse owner arent they!!!!
Ive checked my maths twice and it is correct
You I am sure will wish to see all my working out however I have just done the maths and was quite shocked to discover how much your theories get blown out of the water.
To make it very simple for you buying 20mg generic omeprazole pills from the cheapest source I could find put each mg at 3.5pence a 500kg horse would require 100 pills at 70p/each so £70/day
At the same dose as recommended of 2000mg (0.71p?mg) the same horse with peptizole would cost £14.20 /day
God their really ripping off the horse owner arent they!!!!
Ive checked my maths twice and it is correct
All that proves is that the NHS gets ripped off even more! (They buy from the same wholesalers as the ones you looked at). I think the recent Pfizer case already proved thatI think it's clear from the price Abler can supply at that very big profits are being made by Merial on gastrogard. They had protection for many years to recoup their development costs, but the price remains sky high. Why is that when the development costs have been recouped?
Ester, I understood that Merial is out of time now for charging a licence to make horse omeprazole. Something expired in 2014 or 2015. Do you know what it was, if it wasn't their right to charge a licence fee for manufacture?
I know Boots 'own' ibuprofen, but they obviously don't charge huge licence fees for people to make it.
I don't know enough about how this stuff works, but for a couple of years before the licence expired, people were forecasting a big fall in the price of gastrogard and it hasn't happened.
You aren't looking in the right place. I've just found 1000 x 20 mg omeprazole for £30. £3 a day against peptizole at £14 and gastrogard even higher.
Popsdosh, if Merial were given a protective licence for x years to produce this drug and sell at a high cost to recoup their development costs, and if that protection has now ended because the development costs have been recouped, how could Merial NOT be making huge profits? Just because other drug suppliers have bigger fish to fry doesn't make the current price of omeprazole from a legal source fair.
I would appreciate it if you would hold back on the personal insults. Surely we can discuss things without? Ester does. thank you Ester.
I think this thread has run its course now, I have nothing more to add.