They say they are all about women’s health. Why, then, would they sign a deal that would allow them to make a 500% profit on emergency contraception – while undercutting all the local pharmacies?

If the Food and Drug Administration (FDA) "gives a green light for over-the-counter distribution, Planned Parenthood stands to take in a minimum $100 million profit over a five-year period from sales of the Plan B 'morning-after' pill," said Jim Sedlak, executive director of American Life League's STOPP International.

"Such action from the FDA would allow Planned Parenthood to take maximum advantage of a sweetheart deal the organization arranged with Plan B's owner, Barr Pharmaceuticals," to buy the drug at below-market cost and undercut other pharmacies' retail prices, he stated.

Sedlak said the details of the business deal were exposed when internal emails of the Planned Parenthood Federation of America (PPFA) were made public during a California court case. These documents show how the organization worked out a secret arrangement with Barr Pharmaceuticals, the owner of the Plan B patent.

Under a five-year agreement, Planned Parenthood would be able to buy Plan B from Barr at bargain-basement prices, undercut local pharmacies and clear an average $20 profit on each Plan B kit, according to Sedlak.

Let’s consider the numbers. PP would get the drug at $4.25. They deal let’s them sell it at $25.00. Local pharmacies average $32.00. Over five years, the “non-profit” group dedicated to “women’s health” would rake in a $20 million profit a year dispensing this medication that they consider so essential that they want it turned into an over-the-counter drug – with PP as the cheapest distributor while getting a preferred price.

I'm all for capitalism. I've go no problem with a business or individual making a profit. But this is a non-profit organization that claims to be engaged in charitible work. Those being gouged here are the organization's clients.

So why is Planned Parenthood out to make a profit off of poor women during a time of great personal crisis?

Posted by: Greg at 12:13 PM | No Comments | Add Comment
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