Go to Jeff Salisbury LWGate Home Page.From: Lois <ldibbs@comcast.net>
Subject: Re: [CANSLIM] canslim stocks
Date: Thu, 01 Aug 2002 18:00:32 -0500
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Duke,
I agree that money talks.
I resigned from the nursing profession 9 yrs. ago. The majority of the
patients were medicaid/medicare dependant(your tax dollars) which in
turn means that generic drugs would be used over brand name drugs. Below
you will find a LINK(lol)
that will project the baby boomers coming of age. This clearly means
that the healthcare/pharms/orthopedic co's will be booming also.
http://www.census.gov/prod/2/pop/p25/p25-1131.pdf
http://www.biospace.com/
I can go a little deeper with info re gov. officials that had/have their
fingers stuck in the pie, but don't know if I should here, so I won't.
Duke Miller wrote:
>
> Please note the usual operative phrase, paragraph 2: "...but it is
> unclear whether it has the support to pass." This is a euphemism for,
> "...it's clear the winner will be the boys with the bucks (read: drug
> companies)."
>
> -----Original Message-----
> From: owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lists.xmission.com] On Behalf Of Lois
> Sent: Thursday, August 01, 2002 2:23 PM
> To: canslim@lists.xmission.com
> Subject: Re: [CANSLIM] canslim stocks
>
> Larry, http://www.newsmax.com/archives/articles/2002/7/31/151107.shtml
>
> Senate Passes Bill on Generic Drugs
>
> NewsMax.com Wires
> Thursday, Aug. 1, 2002
>
> WASHINGTON - The Senate passed a bill Wednesday that
> could
> make cheaper generic drugs more rapidly available and
> save
> consumers billions - or hamper development of
> pharmaceuticals.
>
> A similar bill has been introduced in the House, but
> it is unclear
> whether it has the support to pass.
>
> The Senate bill, sponsored by Sens. Charles Schumer,
> D-N.Y., and
> John McCain, R-Ariz., attempts to curb lawsuits filed
> by
> brand-name drug manufacturers that claim a generic
> drug infringes
> upon their patent and automatically prevents the
> generic from
> coming to market for 30 months.
>
> Under the current system, drug manufacturers can file
> multiple
> patent infringement lawsuits, thereby keeping
> generics off the
> market for years. Meanwhile, the brand-name drug
> continues to be
> sold at a higher price. Generic versions of
> brand-name drugs
> typically result in a dramatic reduction in the price
> of the drug but do
> not advance pharmaceutical research.
>
> The Senate bill limits automatic 30-month stays to
> patents the
> brand name carries at the time it is approved.
> Brand-name drug
> manufacturers can still challenge infringement upon
> patents that are
> added after approval, but they must first get the
> approval of a
> judge.
>
> Republicans opposing the bill, including Sen. Judd
> Gregg, R-N.H.,
> and brand-name drug companies maintained that the
> bill would
> reduce profits and the amount of money that could be
> spent on
> research and development. Ultimately, it would stifle
> the
> development of innovative new drugs, they said.
>
> "The only thing they have to worry about are weak
> bogus patents ...
> that they could not support before a judge," Ben
> Peck, legislative
> representative for the self-described consumer
> advocacy group
> Public Citizen, told United Press International.
>
> Sen. Robert Torricelli, D-N.J., reprimanded Tuesday
> by the Senate
> Ethics Committee, said the bill could reduce drug
> costs by up to 65
> percent and save consumers $60 billion over the next
> decade.
>
> Larry Worden wrote:
> >
> > what about (TARO) ? the generic drugs should do will in this
> > environment.
> > ----- Original Message -----
> > From: <Spencer48@aol.com>
> > To: <canslim@lists.xmission.com>
> > Sent: Thursday, August 01, 2002 7:51 AM
> > Subject: Re: [CANSLIM] Cramer-off topic
> >
> > > David, zillagirl:
> > >
> > > I remember in the 80's during the S&L scandals, the CEO of the
> > > chief
> > S&L that defrauded despositors was found guilty in court. But he had
> > moved many of his assets to Florida, and bought many more (including a
>
> > horse ranch)-and the Florida laws protected him.
> > >
> > > So, even though he was found guilty, he did not have to
> > > disgorge many
> > of his profits of his ill-gotten gains.
> > >
> > > jans
> > >
> > >
> > > In a message dated Wed, 31 Jul 2002 1:19:00 PM Eastern Standard
> > > Time,
> > dougald@dmv.com writes:
> > >
> > > > I do not see how it is going to stop anyone from building a
> > > > million
> > dollar
> > > > House. Unless,of course, something is done about Florida. As a
> > > > matter
> > of
> > > > interest, iUnder the present law if you think you are about to go
> > bankrupt
> > > > you can always move to Florida ,where your home is immune to the
> > > > Bankruptcy Laws. For example O.J. Simpson lives in Florida
> > >
> > >
> > >
> > > -
> > > -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the
> > > email body, write "subscribe canslim" or -"unsubscribe canslim". Do
>
> > > not use quotes in your email.
> >
> > -
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> > canslim". Do not use quotes in your email.
>
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim". Do not use quotes in your email.
>
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim". Do not use quotes in your email.
- -
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Next Article (by Date): [CANSLIM] Sometimes even the Pros don't know "Katherine Malm"
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