[Peace-discuss] Fw: The Real Economics of Corporate Ethics Is Not Race But Exploitation

Fri Mar 26 19:06:21 CDT 2010

This is certainly eye-opening.

I see that there are three Costcos in the Chicago area, and two in or near
Indianapolis.  That's it for around here:

http://www.costco.com/Warehouse/locator.aspx?cm_re=1_en-_-Top_Right_Nav1-_-Top_locations&topnav=&whse=BC&lang=en-US

It looks also like a person can order prescription meds from the Costco
pharmacy online:

http://www.costco.com/Service/FeaturePage.aspx?ProductNo=11486072

On Fri, Mar 26, 2010 at 11:34 AM, Laurie Solomon <ls1000 at live.com> wrote:

>  So why is it that we have three Wal-Marts and two Miers in this area but
> no Costcos?
>
>
>
> *Costco* <http://mc/compose?to=rosettesig@Costco>* - Unbelievable!
> **
> Story verified* @http://www.snopes.com/medical/drugs/generic.asp
>
>  Make sure you read to the end You will be amazed.
>                           [image:
> cid:1.3282297908 at web35705.mail.mud.yahoo.com]
>
> *Let's hear it for Costco! (This is just mind-boggling!)*
>
> *Make sure you read all the way past the list of the drugs. The woman that
> signed below is a Budget Analyst out of federal Washington , DC offices.*
> *
> Did you ever wonder how much it costs a drug company for the active
> ingredient in prescription medications? Some people think it must cost a
> lot, since many drugs sell for more than $2.00 per tablet. We did a search
> of offshore chemical synthesizers that supply the active ingredients found
> in drugs approved by the FDA. As we have revealed in past issues of Life
> Extension a significant percentage of drugs sold in the United States
> contain active ingredients made in other countries. In our independent
> investigation of how much profit drug companies really make, we obtained the
> actual price of active ingredients used in some of the most popular drugs
> sold in America . *
> *
> **Celebrex:**100 mg
> Consumer price (100 tablets): $130.27
> Cost of general active ingredients: $0.60
> Percent markup: 21,712%*
> [image: cid:2.3282297909 at web35705.mail.mud.yahoo.com]
> *
> Claritin:**10 mg
> Consumer Price (100 tablets): $215.17
> Cost of general active ingredients: $0.71
> Percent markup: 30,306%*
> [image: cid:3.3282297909 at web35705.mail.mud.yahoo.com]
> *
> Keflex:**250 mg
> Consumer Price (100 tablets): $157.39
> Cost of general active ingredients: $1.88
> Percent markup: 8,372%*
> [image: cid:4.3282297909 at web35705.mail.mud.yahoo.com]
> *
> Lipitor:**20 mg
> Consumer Price (100 tablets): $272.37
> Cost of general active ingredients: $5.80
> Percent markup: 4,696%*
> [image: cid:5.3282297909 at web35705.mail.mud.yahoo.com]
> *
> Norvasc:**10 mg
> Consumer price (100 tablets): $188.29
> Cost of general active ingredients: $0.14
> Percent markup: 134,493%*
> [image: cid:6.3282297909 at web35705.mail.mud.yahoo.com]
> *
> Paxil:**20 mg
> Consumer price (100 tablets): $220.27
> Cost of general active ingredients: $7.60
> Percent markup: 2,898%*
> [image: cid:7.3282297909 at web35705.mail.mud.yahoo.com]
> *
> Prevacid:**30 mg
> Consumer price (100 tablets): $44.77
> Cost of general active ingredients: $1.01
> Percent markup: 34,136%*
> [image: cid:8.3282297909 at web35705.mail.mud.yahoo.com]
> *
> Prilosec**: 20 mg
> Consumer price (100 tablets): $360.97
> Cost of general active ingredients $0.52
> Percent markup: 69,417%*
> [image: cid:9.3282297909 at web35705.mail.mud.yahoo.com]
> *
> Prozac:**20 mg
> Consumer price (100 tablets) : $247.47
> Cost of general active ingredients: $0.11
> Percent markup: 224,973%*
> [image: cid:10.3282297909 at web35705.mail.mud.yahoo.com]
> *
> Tenormin:**50 mg
> Consumer price (100 tablets): $104.47
> Cost of general active ingredients: $0.13
> Percent markup: 80,362%*
> [image: cid:11.3282297909 at web35705.mail.mud.yahoo.com].jpg"
> SRC="aoladp://MA24192176-0011/ATT0001011.jpg">
> *
> Vasotec:**10 mg
> Consumer price (100 tablets): $102.37
> Cost of general active ingredients: $0.20
> Percent markup: 51,185%*
> [image: cid:12.3282297909 at web35705.mail.mud.yahoo.com]
> *
> Xanax:**1 mg
> Consumer price (100 tablets) : $136.79
> Cost of general active ingredients: $0.024
> Percent markup: 569,958%*
> [image: cid:13.3282297909 at web35705.mail.mud.yahoo.com]
> *
> Zestril:**20 mg
> Consumer price (100 tablets) $89.89
> Cost of general active ingredients $3.20
> Percent markup: 2,809%*
> [image: cid:14.3282297909 at web35705.mail.mud.yahoo.com]
> *
> Zithromax:**600 mg
> Consumer price (100 tablets): $1,482.19
> Cost of general active ingredients: $18.78
> Percent markup: 7,892%*
> [image: cid:15.3282297909 at web35705.mail.mud.yahoo.com]
> *
> Zocor:**40 mg
> Consumer price (100 tablets): $350.27
> Cost of general active ingredients: $8.63
> Percent markup: 4,059%*
> IZE="9126" ID="16" SRC="aoladp://MA23455901-0016/ATT0001516.jpg">
> *Zoloft:**50 mg
> Consumer price: $206.87
> Cost of general active ingredients: $1..75
> Percent markup: 11,821%*
> [image: cid:16.3282297909 at web35705.mail.mud.yahoo.com]
> *
> Since the cost of prescription drugs is so outrageous, I thought everyone
> should know about this.
> It pays to shop around! This helps to solve the mystery as to why they can
> afford to put a Walgreen's on every corner. On Monday night, Steve Wilson,
> an investigative reporter for Channel 7 News in Detroit , did a story on
> generic drug prices gouging by pharmacies. He found in his investigation
> that some of these generic drugs were marked up as much as 3,000% or more.
> So often we blame the drug companies for the high cost of drugs, and usually
> rightfully so. But in this case, the fault clearly lies with the pharmacies
> themselves. For example if you had to buy a prescription drug, and bought
> the name brand, you might pay $100 for 100 pills.
> The pharmacist might tell you that if you get the generic equivalent, they
> would only cost $80, making you think you are saving $20. What the
> pharmacist is not telling you is that those 100 generic pills may have only
> cost him $10!
>
> At the end of the report, one of the anchors asked Mr. Wilson whether or
> not there were any pharmacies that did not adhere to this practice, and he
> said that Costco consistently charged little over their cost for the generic
> drugs.
> **[image: cid:17.3282297909 at web35705.mail.mud.yahoo.com]**
>
> I went to the Costco site, where you can look up any drug, and get its
> online price. It says that the in-store prices are consistent with the
> online prices. I was appalled. Just to give you one example from my own
> experience I had to use the drug Compazine which helps prevent nausea in
> chemo patients.
> **[image: cid:18.3282297909 at web35705.mail.mud.yahoo.com]**
> I used the generic equivalent, which cost $54.99 for 60 pills at CVS. I
> checked the price at Costco, and I could have bought 100 pills for $19.89.
> For 145 of my pain pills, I paid $72.57. I could have got 150 at Costco for
> $28.08.
>
> I would like to mention, that although Costco is a 'membership' type store,
> you do NOT have to be a member to buy prescriptions there as it is a
> federally regulated substance. You just tell them at the door that you wish
> to use the pharmacy, and they will let you in.
>
> I am asking each of you to please help me by copying this letter, and
> passing it into your own e-mail, and send it to everyone you know with an
> e-mail address.
> **
> Sharon L. Davis
> Budget Analyst
> U.S.  Department of Commerce
> Room 6839
> Office Ph:  202-482-4458  202-482-4458
> Office Fax: 202-482-5480
> E-mail Address:sdavis at doc.gov <http://mc/compose?to=sdavis@doc.gov>**
> **[image: cid:19.3282297909 at web35705.mail.mud.yahoo.com]** *
>
>
>
>
>
>
>
>
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