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Bill ackman and michael pearson senate hearing


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Hi Folks.

 

I hope you are well.

I've tried to find this online. Do you guys know if there is a full video of the hearing?

 

I've seen the Dirty Lies short snippets though. Would love to watch the whole thing.. :)

 

 

Thanks

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I'll gladly share this info but you'll have to endure the following personal anecdote.

 

One of my daughters was born with a heart anomaly resulting in occasional significant but non-life threatening episodes of arrhythmia, most of which would stop on their own but some of which required an emergency room visit for an intravenous dose of a medication. Eventually, she was scheduled for a procedure involving inserting a specialized catheter in her groin, reaching the relevant heart chamber and selective burning of anomalous electrical channels. From the economic side (my appraisal based on relevant inputs), I estimated the total cost to be about 5000$ CDN but the direct cost to me is difficult to assess because I live in area where medical care is 'free'. When my daughter got scheduled for the procedure, I met a member of the extended family who 'recommended' that I go to the US in order to get this done as he knew somebody who had done so. Why would I do that? He said the treatment must be awesome because it had cost the person 25000$ USD. From a balanced point of view, there are reasons for a premium. But what is reasonable? I don't think Mr. Pearson answered that question appropriately.

 

https://www.aging.senate.gov/hearings/valeant-pharmaceuticals-business-model-the-repercussions-for-patients-and-the-health-care-system

The relevant part of the video starts at around 1h15min and you can download the prepared testimonies.

 

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Thanks cigarbutt - hope your daughter is doing well.  I think I should add your first sentence to my posts going forward lol

I'll gladly share this info but you'll have to endure the following personal anecdote.
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I'll gladly share this info but you'll have to endure the following personal anecdote.

 

One of my daughters was born with a heart anomaly resulting in occasional significant but non-life threatening episodes of arrhythmia, most of which would stop on their own but some of which required an emergency room visit for an intravenous dose of a medication. Eventually, she was scheduled for a procedure involving inserting a specialized catheter in her groin, reaching the relevant heart chamber and selective burning of anomalous electrical channels. From the economic side (my appraisal based on relevant inputs), I estimated the total cost to be about 5000$ CDN but the direct cost to me is difficult to assess because I live in area where medical care is 'free'. When my daughter got scheduled for the procedure, I met a member of the extended family who 'recommended' that I go to the US in order to get this done as he knew somebody who had done so. Why would I do that? He said the treatment must be awesome because it had cost the person 25000$ USD. From a balanced point of view, there are reasons for a premium. But what is reasonable? I don't think Mr. Pearson answered that question appropriately.

 

https://www.aging.senate.gov/hearings/valeant-pharmaceuticals-business-model-the-repercussions-for-patients-and-the-health-care-system

The relevant part of the video starts at around 1h15min and you can download the prepared testimonies.

 

Thanks sir. Yeah, understood. I hope all has gone well

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