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WPX Energy, Inc. Message Board

Wall_Street_Sucks 2 posts  |  Last Activity: Mar 13, 2014 2:15 PM Member since: Jul 27, 1999
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  • Reply to

    Vertex question

    by wall_street_sucks Mar 13, 2014 3:21 AM
    wall_street_sucks wall_street_sucks Mar 13, 2014 2:15 PM Flag

    Thanks gladpick!

  • wall_street_sucks by wall_street_sucks Mar 13, 2014 3:21 AM Flag

    Where in the world will patients get $250,000 per YEAR to pay for the drug(s) if approved? Insurance does not have to pay absurd prices, or some bizarre price VRTX thinks it deserves. I think I read that the average American family has $22,000 saved. It's their life savings. And what about all the people in the world who can't afford $250 per year, let alone $250,000 per year. And remember, supposedly that $250,000 per year is REAL money, i.e. money actually collected by VRTX. We all know that the label price on a drug may be $1000 for example, but after insurance companies and the government negotiate, the price they actually pay might only be $125. I might add that I thing Adam F. has made a fool of himself on many occasions. That being said, so have millions of investors. So who knows how high the stock could go with approval. Also, haven't we all seen biotechnology stocks that had so much hype built into them, that they fizzled after approval. It seems people are treating that $250,000 as if people can just waltz down to the drug store and buy the drugs with their balance of their weekly paycheck. What am I missing????

WPX
21.60-0.19(-0.87%)Apr 24 4:01 PMEDT

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