Rep. Porter grills Big Pharma CEO for putting profits before patients
Вставка
- Опубліковано 21 вер 2024
- During a recent committee hearing, Congresswoman Katie Porter called out a Big Pharma CEO for spending 3 times as much on stock buybacks than lifesaving research-to the tune of $28,600,000,000.
when the whiteboard comes out they know they are in trouble
Yes i love it
LMAO :>
Indeed. It means: I'm about to school your Ass !!
The white board of truth.
Or any of her other great props! Actually, they should know they're in trouble when they know she's going to question them.
'The other guy gets paid paid too much too is not a justification' LOL, I lived.
MS. PORTER. Fierce! Right to the point without mercy!!
She just started writing questions marks... gold pure gold
True LOL!!!
Actually it is a justification. Compensation is dictated by what the market demands. If a you want to acquire the talents of a CEO you end up compensating competitively against similar positions.
@@Stephen981cs it actually is not. ceos, even good ones only contribute 4% value to the company, and it is assumed much of that is luck. people want a "pretty" stockholder (read old confident white dude) more than they want a competent one.
"I wish you would focus on creating value for sick patients, Mr. Bradway--not just your shareholders."
That last line brought tears to my eyes.
SHE IS “F ING” RIGHT!
Amen sister!
While this is good to hear, if the share-holders are not satisfied and pull the plug there would be no drug and nothing to treat. I am not saying that Pharma companies are angles, but please do not paint them with the same brush.
@@sriramvaradarajan4964 They certainly aren't angles, they aren't angels either. They aren't even good. Here's the truth, if shareholders weren't a part of it and they purely had to work off of their profits, they would STILL be making more profit than most companies and they would STILL be able to pay for the executives to have salaries set at MUCH higher than the average american. For profit medical establishments and pharmaceuticals shouldn't exist, it should be a non-profit system meant to focus on low costs and treatment of the sick.
@@sriramvaradarajan4964 To be sure, if shareholders aren't satisfied, it won't be because they feel the drug is ineffective; they'll only be dissatisfied if the profit margin isn't significant. I don't like telling anyone that they shouldn't be allowed to profit from good work; but if that desire to succeed isn't balanced with integrity and ethical responsibility, that train will run over anyone who stands in the way. See ua-cam.com/video/WiHu4ZVQ9Jw/v-deo.html
Business wasn't always driven by selfishness, and it doesn't need to be, now.
I died laughing 😂 when Ms. Porter said: “I got an empty white board ready to write down your justifications”. Omg, I love this woman! She should run for the US president! She got my vote!!!
She's always entertaining to watch
What about her stance on pedophiles. She's a sicko
She won't shame these jerks, but she's getting the knowledge of them out to the people.
Katie is an Iowa girl, her mom is famous quilter Liz Porter of Fons and Porter.
Amen. If Ms Porter pulls out a white board, and you're not playing Pictionary...just say "I did it (whatever), and I'm sorry. Can I go home now, please?"
I love how this woman makes people squirm. She is so polite and courteous, then just hits them hard!
this dude didnt squirm one bit he stayed in the pocket and pretty much owned this lady. this dude seems like he deserves 8million a year in whatever field he chooses
@@kushdog8 Why do you look up to him and think he deserves 8 million in whatever field he chooses given the average American's relationship with pharmaceuticals? I'm very open to my mind being changed, I'm genuinely curious.
This lady is ONE OF A KIND!!!! Only if we could DUPLICATE HER FOR EVERY STATE, WE WOULDN'T BE IN THE MESS WE'RE IN NOW,!!!!! WITH ALL THIS GREED!!!!!
Facts 👏🏾👏🏾👏🏾👏🏾
I love watching her at work,queen of swords.😍
She’s a great representative and I wish that she was higher up in the government
Then they go to church and call themselves Christian ahahah
Well, I hear they're investing a LOT of money into cloning research, lol.
"I don't have it at hand..."
"That's ok I have it handy."
I love how Rep. Porter always comes so prepared, you can tell she does all her research and fully understands her argument and always comes with a point to make, this is the type of person we need leading us.
If she'd read the annual reports (which she has done, according to the financials she has at hand), she could've gone to the chapter on compensation to see why this man has the income he does. She's now just grilling this man over the fact that other people want to pay him a lot of money, as if he's supposed to have turned it down
@@hendrikusscherphof7348 That's not the point she's making though. She's saying they spent almost triple the amount they spend on research and development on stock buybacks, and triple the amount on lobbying. Meaning, they spend more money making the stockholders richer than they do trying to actually trying to be productive and do more research. She's pointing out the irresponsible asset management, it's really not about how much the top 5 CEO's are paid, she just pointed that out for reference. The 10's of billions of dollars not going to research is what you should be concerned about here.
@@cody9766 Shareholders own the company. They want returns. That's why they have the company. Who is she to tell them how to run their business?
@@hendrikusscherphof7348 They clearly aren't in the business of research, they are in the business of stocks, and to pretend to be more concerned with research is really shady. And she's not telling them how to run their business, she's just explaining how they spend their money.
@@cody9766 What do you mean they're not in the business of research? They spend billions of dollars on it annually! And yes, stock buybacks are broken, but legal, so you can't exactly berate corporations for doing it when it's profitable. And nobody is hiding it either, unless there's systemic problems in their corporate governance system.
And when you tell a firm how to spend their money, you are literally telling them how to do business.
She NEVER asks a question that she does not already know the answer!
That is smart; and being a teacher! I love this woman.
Yeah. That's the lawyerly thing to do.
That’s the lawyer training. You don’t want a curve ball in the middle of questioning
I love how she put all those question marks. They really don't have any justification for being paid thousands of dollars an hour.
6:07. This lady doesn't take shit from anyone. Love her for standing up for those of us that can't.
Representative Porter, I personally want to extend my gratitude for your tenacity, professionalism, and unconventional ways of holding those that only concern themselves with profits over people accountable. I absolutely admire your style and have even adopted some of your methods when I host meetings and when I need to take someone to task! 🥰🥰🥰
She's an absolute beast 👏🏾👏🏾👏🏾💯
Me too ! She rocks !!!
I could not have said it better! I think she represents the tenacity of many women all over this country and it’s such a breath of fresh air to see her killing it and with some class.
Is their any others you keep up with regularly? I am really trying to broaden my perspective and see it from others point of view.
She is like a teacher, politican, humanitarian, lawyer, and financial advisor all in one lol I legit love this woman. I'm going to show this videos to my daughters so they can see what a real role model looks like
Ok, my questions, outline your profession and give instances on how you take people to task. Thank you
Watching these whiteboard take downs NEVER gets old.
I've only just discovered them , epically great ....... If she moved to Australia I'd vote for her without even blinking
REFRESHING 🤗
I love this woman!!!!
Always know the answers to the questions is the key.
NEVA!!!!!!!!!!!!!!!
Thank you for reclaiming our democracy - Katie we are with you 100%
President Porter
You never had democracy.
Still hasn’t done anything though?
@@jefferyreis3551 she's trying and i think she's doing a damn good job at it. can you do what she does? do you research all of the things relating to these topics and discussions? i sure as hell don't. perhaps im an ignorant fool, but i trust this woman.
The USA is not a democracy, but a federal republic. Get it right, "democrat".
She is so classy, professional, and easy to understand. I love how she makes these guys see their own BS. The facts don’t lie. Thank you for all you do.
ClassLESS you mean.
The thing is, they know what they’re saying is BS. They just want us to think they’re good people. That they’re deserving of their insane compensation and wages. While millions are suffering and dying because of their greed.
Katie and her boards... she always comes armed with the facts and doesn't shy away from asking the hard questions... government would function so much better, for the people if more were like her.
One of the sad parts in this video is this is not the only company that gets rich off tax payer money that funded research. Even worst, these companies have been raising prices rather than do research so shareholders and top executives get richer. These are the same companies that block the American people from buying these same drugs from other countries at a lesser price by lobbying the US government to make it illegal for Americans to buy it in other countries. They do this knowing many Americans don’t have adequate medical coverage to afford the inflated prices. This is killing people. My thanks goes again to people like Katie Porter. This is a long view fight just to force people to act humanely. Thanks for being a beacon of light and fighting for the everyday person.
She made accusation that tax payers funded research , he responded that it was not (although company that developed enbren was immunex) and she had nothing to refute this. The original research for enbrel by immunex was not tax payer funded, as matter of fact immunix was able to fund the research and clinical trials for enbren only after the market success of some of their other drugs. Amgen bought out immunex in 2001.
I agree if tax payers had funded this research, then she would have something to say about what the company does with the profits. But that did not happen- so has no say in the matter.
Like a lot of politicians, she is grandstanding because she knows most people view highly paid executives as undeserving and greedy and it makes her a ‘champion’ of sorts to common people.
In most people’s eyes executives like him don’t deserve their compensation , but it is not governments role to dictate how corporations conduct business.
If I don’t think jeff bezos deserves to be richest man in the world then I should not use amazon. If I were a blow hard politician I’d get him before Congress and grill him on how much money he has to make him look bad and myself look good. That’s all this lady is doing.
@@jameslasso1690 It's my understanding that, for a lot of drug companies, R&D is a loss/business expense and therefore results in paying much lower taxes, or even a tax refund.
Also she has very limited time, so she can't spend time refuting or arguing every point made.
@@jameslasso1690 Highly paid executives are greedy. He even said he and his other executives had no part in the research or any sort of development, so what do they do all day? Sit around and talk about how much money they can make if they charge this certain amount for this drug? They are vastly overpaid for what they do, or don't do, and that's in just about every large company. The money wasted on their compensation could be reinvested into the customers, especially these drug companies that consumers rely on to not DIE.
@@jameslasso1690 but this isn't the only person doing this. As much as this isn't just about this one person, it is. How many other drugs have they raised the price of just because they felt like it at the expense of people's lives? Also when illness is profitized of course you're going to have people take advantage. When there are no caps on cost you really think billionaires can stop themselves from raising it to make more? The problem is that people put money over saving lives. I'm sorry but people are a priority not half a million for some already rich guy.
America has long put the American people last in its priorities. "Corporations are people" is a real thing.... like no they aren't and they shouldn't be treated as such. If lives depend on your services maybe there should be more regulation so you arent the direct cause of people dying because of your unrelenting greed.
lord of the flys
Without that crucial point she got wrong , her whole point is lost. It is the job of the board of directors to appoint and determine compensation of the executives, it is not up to congress.
No more than if she dragged Lebron James and made him justify why he is worth $89 million annual compensation for throwing a ball into a net. He would rightly reply because that is what “me & lakers negotiated”.
There are legitimate ways to try to mitigate healthcare costs, such as somehow by law limiting term of patents , or have limitations on some kinds of corporate acquisitions that might restrain competition.
But for government to try to dictate salaries, create price controls - that becomes dictatorial and then you will have less Innovation.
As to what is salary of Katie porter or how hard she works ? Irrelevant. I think a cancer researcher or emergency room doctor or nurse are vastly more valuable and work more grueling hours under severe conditions than a basketball player - so should government step in and determine who gets what ?
This woman should run for mayor, governor, senator, speaker , vice president and president at the same time. We need people like her and she'll get all my votes 😂😂
I wish I could vote for her. Alas, I live in the wrong State.
Mine too !
Apparantly you only have 1 vote to give
@@priyanshubaranwal363 1 vote per candidate per TERM. What if they ran again? More than 1 vote
Good people don't run governments you need physcopathic people. War cannot happen theft and disasters with good people Running governments.
I notice none of the conservatives that pull the conspiracy stunts and wild accusations to discredit people try to go near this phenomenally patriotic American citizen who is doing us all a terrific service. Can you imagine how throughly she’d mop the floor clean with any half ass attempt to discredit her? She is as enlightening and inspirational as she is sincere and I love it! Thanks
You need some meds
And MUCH MORE than …. utterly brilliant….👏🏼
I'm very conservative but I admire that she goes after these corrupt, greedy ceo's. I've worked for a few big corporate companies and all of them are terrible. But what's funny is almost all of them are liberal.
The main thing I'm noticing about Rep. Porter is how fat she is
@@iowanation1034 Well you certainly told him that was absolutely the bravest thing I ever heard
She is very, very, smart and has her heart on the right place. I hope she gets all the support she needs to make the changes she wants.
“I have an empty whiteboard ready to take down your justifications.”
Me: *gasp for air*
When he said “salary” and she said “compensation” I SCREAMED
@@ExsoLam he tried to give an artificially low number by latching onto a technicality, she caught him and exposed the tactic
@@fangirlfortheages5940 it's not "latching on to a technicality" to answer the question that is asked.
He knew damn well what she meant, and thought he found a loophole in the question.
This is a complicated issue to me. These aren't companies that depend on the taxpayer to keep them operating. Now if this would have been a finance executive from a financial company that required a bailout about a decade ago it would be a different matter. This is just capitalism at work. These people bear the most responsibilities and take home a big sum in return. Instead of complaining about the amount I believe it's more important to hold bad leaders responsible for their stupid mistakes like those that led to the financial crisis.
@@micca903 the issue is one of the successful drugs they sell was tax payer funded, and they bought that company which means the acquired the rights to it.
“ I wish you would focus on creating value for sick patients, not just your shareholders” oof
MEDICARE FOR ALL NOW.
That would require compassion and empathy, 2 things of which sociopaths are incapable. Normal people have to intervene and make them do the morally right thing, or it won't happen.
So true.
Katie Porter... She is a TRUE HERO to the people!! 💖
Watching these whiteboard take downs NEVER gets old.
Virtue signaling doesn't make you a hero.
@@NoobMachiavelli “Virtue signaling” is as tired and lame as “woke.” Get some new material.
We need Katie Porter back in Govt… no one can yield a white board or ask intently important questions like Katie Porter👏🏻👏🏻👏🏻👏🏻👏🏻
Katie Porter is awesome! We need a whole lot more people like her!
She shows a very good principle:
"Don't ask a question you don't know the answer to."
"I've got an empty whiteboard ready to take down your justifications." Goddamn I love this woman.
Such a shame representatives have such a short amount of time to make a case. Would've loved to see her discredit everything he said line by line.
I love how Katie makes the guilty feel very uncomfortable when they have to spew out the truth in front an audience
She just wasted Congress's time and this gentleman's time. All that info can be found in the companies SEC filing. She's a demagogue and a chow hound.
And sad none of them care either.
The problem with what she has exposed, these employees and shareholders “still” earn these insane salaries and payouts on the fact of the totally broken and economically manipulated medical system, to the detriment of the masses for the rich few. Absolutely appalling
I could watch a Katie Porter all day, putting people in their places. She’s awesome 👏🏻
So his compensation is reflective on how stocks are doing and when he spends 3x the amount on stock BUY BACKS it makes it look like stocks are soaring so he can then get those fatty bonus checks sounds legit
POWER HOUSE PORTER!!!!!! There is a new super hero in our world of politics.
Thank you so much for your humanity to us people Mrs Porter💯❤️
POWER HOUSE PORTER great nick name😎👍
@@margaretdowney4055 I think so. It suits her. She is an amazing woman and is exactly what this government needs in order to clean up all of the corrupt and heartless billionaires out the taking advantage of the poor people.
I've gotten blood red republicans to watch your videos and now they would happily vote for you for President. Make it happen Katie. The citizens have your back.
She is the first democrat ever to represent California's 45th district, the long standing republican district of Orange County.
Yes she should go for the Presidency 👊🏽🇺🇲💯
So happy to have found Rep. Katie Porter. I’m not in her district but I’m impressed and will keep up with her.
Seriously, those who support high medicine price is a MUST revenue and reward for advancing and stimulating new drug R&Ds just for the excuse of the so-called "high risk high input" should see this video word for word. Thank you Katie. - a pharma man with some conscience.
Make her the boss of EVERYTHING!!!!
So these people are funded by taxes, get rich, and when poor people can’t afford it, they’re told THEY’RE greedy.
Katie you are the Queen of exposing these buffoons for who they really are ! Overpaid, greedy men who
Prioritize money and shareholders above what a pharmaceutical company is supposed to provide. A reasonably priced drug that will help their patients. 🎯👏🏻
"The other guy gets paid too much too" lol. This woman is amazing!!!
"I know it's hard to do math on the fly..."
Whips out numbers on the white board like a BOSS.
Rep. Porter. Is. A. National. Treasure.
She's a fraud. You'll see soon enough. Ask her office her view on Medicare for All and see if you still dig it.
@@J3unG , if you know something...say it. Otherwise we will go by the proof we can see and hear.
@@J3unG source?
I love how she asks questions she knows the answer to 💀
Don’t confuse her answers with a deep understanding of the complexities, or the truth. She is a politician pandering for votes and you are a lemming following her off a cliff.
Katie Porters spirit animal must be a Wolverine because dang that lady is fierce.
Thank You Katie. You are a hero to my whole family
Spirit animal? It's her Patronus....
So what policy has been changed??,
I love how he declared that $19bn of the stock buy back was for buying external R&D...
Then declare it explicitly!
I think I'm in love 😍 if more of our representatives were like her, we would be heading in the right direction!
This lady is awesome at questioning these people wish we had more like her in States and in the Senate and Congress
Thank you,I know you're a single mom. Bless you for taking this risk and this job on for the American people.
“I wish you would focus on creating value for sick patients,...not just your shareholders”
🤜🏻🎤⏬
Rep. Katie Porter looks like a normal soccer mom... But she's really a total badass.
Looks like a soccer mom but does not look like someone who can understand Mr.Broadways role and responsibilities. Things should be looked at but the main issue almost certainly starts with the government and reps that have a specific agenda that rarely ends up helping anyone. Both sides are equally responsible for the mess we are in.
Love her!! If only all of Congress were so persistent & adult about their jobs with holding these CEO parasites accountable. 3/4 of Congress are a waste of money.
"I don't have time for your bullshit." should be every congressional rep's opening remarks at hearings like this. We need way more Katie Porter's representing us.
Her last sentence should scare people. But more importantly, it should give us a clear reason for how such establishments in our society should conduct themselves. $124M between 5 people is insane. No wonder we have the most expensive medical treatments.
I wish my compensation DWARFED my wage!
Oh how I LOVE this woman, her brainpower, guts, determination, and skill for eviscerating the disturbingly overpaid. Don't mess with Katie Porter!
Why. She is the second-stupidest member of Congress.
Who are the majority shareholders who approve the compensation? Mostly already rich people.
Gee, no wonder my Enbrel cost me so much all those years ago (I took it from 2006-2012). Thanks for helping all rheumatoid arthritis patients Katie! :)
Imagine if she would have been able to have 5 more minutes. I was sensing a good moment building right there to expose him with her practical and honest approach
Love that sick burn at the end...
Katie Porter is ace. number one and a credit to America, pity there are not more like her in government
There go my favorite lady we need more like you in both the house and the senate💪💪👏👏❤
Yesssss😍
I wish we had more
Katie Porter’s in this world
🙏🏽💕
Bless Katie and her white board. Even her own party the Dems are scared of her! lol! 😁🤗👍
All the corporatist democrats are scared shitless of her.
Thank you again Rep . Porter
Please keep going full steam ahead.
They will make a TV program from these clips... they got served! :)
Thank you for looking out for us “little people”.
When that white board comes out....
Me: I'm out of here 💨💨💨💨💨💨
They should be checked for pee stains when they get up.😯
CRUZY Ferreria lol
@@cruzyferreria1009 😅😅
Thank you for your service
When the whiteboard comes out, "it was at this moment, they knew they $*cked up!" lol. I'm loving the way these questioning sessions are conducted in a professional and direct way. Right on.
The best line of this video comes in the last 20 seconds or so...
"I wish you would focus on creating value for sick patients, Mr. Bradway, not just your shareholders"
Love you Katie, keep up the good fight!
If she ever talks to me and a white board appears, I'm running away!
She's amazing.
Katie Porter is my hero, please let me intern for her.
As a nurse, I would give anything to work for her!
As a student, I would like a lecture :)
Annnd Katie "Whiteboard" Porter lands another knockout punch to a crooked corporate contingency!
Kicking Butt. All in a day's work for Katie P
Representative Parter, I love your approach. You are what a representative should be. Best wishes for you. ❤️👍
Thank you Katie Porter for all you do.❤️
That last comment is why Katie Porter is a national treasure and we need more like her fighting for us.
LOVE Katie!! We need a helluva lot more people like her. She is an asset to our country!!
This is how we get to boldly go where no human has gone before. Thank you Rep. Porter. All for One and One for All. Live long and prosper.
Thank you Katie! You’ve doing a great job.
I doubt that you will personally see this comment but I must share: You, personally, are helping restore some of my faith in the system and in humanity. Thank you.
He actually seems smarter and better prepared then many others who have been in his place. Probably has someone off screen feeding him the answers unless he really is social distancing and aware of his company.
it looked like he ABSOLUTELY was reading off of something that was being prepared as he was speaking with her
Keep up the great work and fighting for the people over profits, Katie!!
Keep up the iconic and important work you straight-up QUEEN!!!
Congresslady Porter, thanks for representing us here in the CA 45th and asking the real questions we here want to know. I'll keep voting for you as long as you keep fighting for us.
The fact that Rep Porter is in a position of power gives me hope for the future.
Wow I'm glad someone from the government is watching these companies. She's a breath of fresh air in Washington. Thanks your hard work. Smart woman.
Thank you so much for making a difference! If every representative was like you, this country would look a whole lot different. You are an inspiration and I admire you greatly! Keep fighting the good fight. 💗
We need more of her. When is she running for President.
She is kicking their collective asses.
A large part of his salary is based on making rich people rich and doing little to nothing for the sick b
I'm from NORCAL. Katie Porter is from SOCAL, nonetheless she is becoming my fav Rep. She Rocks the Corporate establishment; who care more about ROI than customer service and employees compensation.
You go Girl, I mean good job Congressman Porter.
Thank you for your Service.
If you can't truthfully answer a yes/no question "yes", the answer is "no". Rep, Porter is unparalleled at exposing liars and POS
$124 million dollars in compensation for 5 people? The faces of greed.
#voteblue2020 #bidenharris
Let's see $124,000,000 divided by $50,000 = 2,480. that means these 5 CEOs in a 3 year time gets enough to pay 2,480 people $16,667. each year x 3. Or 1,240 people almost $40,000. each year for 3 years. So who gets an annual salary of $15,000. to $40,000.?
Honestly nowadays a salary of $8m per year isn't even that outrageous. Bezos made like 70 billion just since January.
@@Valariel You are comparing on a scale of upwards versus the comparable scale of the employees downwards that are underneath them, provide more value to the company, and work in the same industry.
I can still agree that Bezsos is a sack of crap for his outrageous, unethical wealth gain, tax dodging, and not compensating the people beneath him justly. However, it doesn't justify the ridiculous sum of money the people of the pharma industry get when they produce such little value and the tax payers are ultimately forking out the bill for research. Big example is the Epipen. 100% funded by tax payers, but somehow bought by private industry. A medicine that literally costs less than $15 to put together on your own somehow earns the outrageous price of over $650.
@@Valariel Actually that figure by this late period is outdated that figure is actually more than 90 billion and that figure is 2 months old he has earned roughly 10 billion dollars a month this year so if that trend continued as it is expected to he has doubled his wealth this year alone and has earned more than 110 billion as of mid October... he was worth almost 115 billion by the end of January and if he continued to earn the same amount he had the rest of the year he is worth more than 230 billion now...
You are the face of jealousy. Free market.
keep up the great work Rep. Porter! on behalf of all americans
I could listen to her all day. Love her no BS approach to these CEOs
Katie! Please read this. I am so disgusted with this RX system. ! THANK YOU from the bottom of my heart! I was the 7th person in the USA to get on ENBREL. I was poor and couldn't afford it... I fought my doctors, insurance companies, my pharmacy and the drug company to allow me to have access to it. I jumped through rings of fire, and walked across broken glass to get this drug. NOBODY even taught me how to use it. I bought it not even knowing it was an injection. Gah.... I basically worked to pay for this drug. It was a miracle for me. On it, I went from paralyzed to running marathons, but eventually it cost me NINE THOUSAND DOLLARS A MONTH. I had a low paying job at a ballet company ..... I lost my car and my apartment, because I had to pay for this medicine and at that time, you could not get this drug or insurance because I had a pre existing condition! The irony. The person who needed it couldn't get it. Without this drug I would have no life- I spent my life paying for it - that was my undivided focus and I lived in fear every day that I wouldn't be able to get it (therefor walk) next month. I became a spokesperson for Enbrel when Immunex DEVLOPED IT and owned it, here in my backyard, in Seattle. I met the "Ben and Jerry" (Craig Smith and Ray Goodwin) of Enbrel, the two scientists who made the drug and I toured their facility as a patient -- they loved meeting patients and gave tours regularly. They had their hearts in their work. They were so refreshing. I loved them. For Enbrel, I (as a volunteer) traveled around the world, did commercials, talked to doctors, modeled in advertisements, spoke to 1000 scientists and doctors about the drug at conventions, did exercise videos, promotions, photo shoots, had a baby while actively on the drug and was in research groups.... and on and on..... I wanted this drug to succeed and I wanted people like me to have a reason to live again. This CEO who is in your video who gets paid MILLIONS of dollars, said Genetech invented the drug or did the RnD on it. WHATTTTT!!!!! THAT IS NOT TRUE! I am appalled. PLEASE READ THIS KATIE! HOW CAN THIS MAN GET PAID MILLIONS TO NOT EVEN UNDERSTAND THE VERY DRUG HE SELLS. GENENTECH OFFERED IN 2004 TO IMMUNEX, TO BEGIN MAKING THE DRUG FOR THEM. IMMUNEX STARTED SELLING THE DRUG IN THE USA (IT WAS IN FRANCE EARLIER) IN 1998 --- THEY WERE SO WILDLY SUCCESSFUL AND ONLY HAD TWO PLANTS, TO CREATE, SZTOZRE AND DISTRIBUTE THE VERY FRAGILE DRUG --- ONE BACK EAST, (MAYBE IN CONNECTICUT) AND ONE IN GERMANY, THAT THEY COULDN'T KEEP UP WITH THE NEW DEMAND. I am appalled that little ol' me, knows more about this drug as a consumer --- then this millionaire CEO! Katie. I LOVE YOU. I VALUE YOU. I AM GRATEFUL FOR YOU! This drug is now $9,500 a month -- and I work for myself. Health insurance is close to impossible for my family to get, because it reuires me to have such a large rx benefit to cover this cost and I work for myself.... but I do it, why? Because if I don't I will pay $9,500 a month just to walk. THANK YOU for being there for the more than 1.5 million people like me. ~ Meredith
Congress needs more heroes like Katie Porter.. anybody in her district should be proud to have them being represented by her.
Thank you for taking these jerks to task. It’s great to see them sitting there squirming and made to look foolish, being unable to justify themselves.
Please keep doing this, you’re someone I can get behind.
'The other guy gets too much payed too is not a justification '. She's brilliant, her whiteboard is a lethal weapon. Go Katie!
Good on you ms Porter…you’re one of the and most honest…keep up the good work…
Thank you, Rep. Porter! 👍🏻👍🏻👍🏻
She's the real deal. I love it.
We all need a daily dose of Katie. She gives me hope.
I’m learning sooo much watching Rep. Porter. My goodness. I started feeling uneasy for the gentleman myself, like you watching another kid getting disciplined by their parent. 🤣🤣🤣🤣 Eek! Thanks for your work and breakdown, Rep Porter! I love how she doesn’t talk “over our heads.” Smart ppl can explain anything on basic terms. Noted.
She said we needed to be said at the end
This reminds me of similar questioning I recall of the boss of the UK royal mail company, the CEO of that company didn't mention delivering letters in a timely manner and at a fair price for customers when asked what his purpose was and why he got paid so much, it was about making profit for the shareholders, the prime purpose of his job running the company was the make money for shareholders rather than delivering mail ... that was my recollection.