Sunday Bonus Podcast - Dan Lijenquist On Understanding The Not For Profit Generic Drug Industry
The Michael Berry Show
KTRH
4.8 • 2.3K Ratings
🗓️ 17 May 2026
⏱️ 17 minutes
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| 0:00.0 | This is an I-Heart podcast. |
| 0:02.3 | Guaranteed Human. |
| 0:04.6 | The Michael Berry Show. |
| 0:06.5 | There's an article in the Houston Business Journal recently about John and Laura Arnold. |
| 0:14.5 | John Arnold is listed as the 10th richest Houstonian. |
| 0:20.1 | His wealth estimated to be about $3 billion. But he did not continue |
| 0:26.6 | upon making it big to pursue wealth. He instead started a foundation and started in a Bill |
| 0:34.5 | Gates sort of way looking for opportunities to use that wealth |
| 0:39.7 | toward policies that were important to him, that are important to him. |
| 0:45.7 | So I read an article about a company called Civica RX, which is a non-profit generic drug company whose intention is to keep the costs |
| 0:58.8 | low for pharmaceuticals for low income and high needs patients. So the article, which I should |
| 1:06.9 | give credit to Chris Matthews, the gentleman who wrote it, he deserves his due, |
| 1:12.6 | because he describes what happens. You know, for most of us, we don't know about a drug. |
| 1:19.6 | Obviously, we see drugs advertised on, during sporting events, seems like the number one place that they advertise drugs. |
| 1:25.6 | And then you pay attention to all the |
| 1:28.5 | horrible side effects that come from the drug but you don't think anything about a drug until your |
| 1:34.2 | arm swells up the size of a grapefruit or you have searing eye pain or you can't see or you're |
| 1:41.6 | impotent or your blood pressures through the roof and you're going to die of a stroke. |
| 1:45.7 | And so now you need something. |
| 1:47.7 | And that's when the doctor prescribes it. |
| 1:49.7 | And when the doctor prescribes it, you have no idea what it's going to cost when you go to pick it up. |
| 1:55.1 | And that's when you start looking into, you know, how much will your insurance pay for it. |
... |
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