Guest guest Posted March 9, 2008 Report Share Posted March 9, 2008 Question is how do we stop these big corporations from having a monopoly on products; whether it be Glaxo or P & G? They are just too powerful in the US. They need their asses kicked! Quote Link to comment Share on other sites More sharing options...
Guest guest Posted March 9, 2008 Report Share Posted March 9, 2008 Big Pharma really makes me feel sick Ian Bell on the drug industry http://www.sundayherald.com/oped/opinion/display.var.2104806.0.big_pharma_really\ _makes_me_feel_sick.php FOR CLARITY'S sake, remind yourself that nobody at GlaxoSmithKline, Britain's biggest pharmaceutical company (2006 revenues: $42.8 billion; income $10.135bn), is to face prosecution. The company insists that it did nothing wrong with regard to the anti-depressant drug Seroxat. The Medical and Healthcare Regulatory Agency believes, on the other hand, that the company withheld the full results of trials, particularly those suggesting that the medication could increase the chances of suicide among teenagers. The government is content, however, to " tighten " rules on information disclosure as they affect an industry that ranks, after oil, as Britain's second biggest export earner. Ministers may yet be equally resolute in their treatment of Reckitt Benckiser, makers of Gaviscon, the heartburn treatment. In this case it is alleged - and denied - that the firm's executives " schemed " to block rival manufacturers from marketing generic copies after the patent had lapsed. The company describes itself as " a responsible firm which behaved honestly and ethically " . Its critics say that it cheated the NHS out of perhaps £40 million. do_dp_ad(); AdJug_AID = 365; AdJug_DefaultAdSpaceID = 29349; AdJug_ShowDebug = false; AdJug_Height = 250; AdJug_Width = 300; AdJug_CacheBreaker = (new Date()).getTime(); document.write(''); That is, simultaneously, a lot of money and a trivial sum, at least within the strange universe of health spending. Some £90.7bn is earmarked for the NHS in 2007/2008, up from £34.6bn in 1998. Already, most of the extra has gone on wages, 52% of it in 2005/2006. But in that same period at least 17% of extra funding has gone on what the NHS Confederation defines as " extra drug costs " compared with a mere 7% on capital costs. But why not? Drugs save lives. The pharmaceutical industry spends billions on research and development to spare us from sickness. We are the healthiest, longest-lived, best-tended generation humanity has produced. Big Pharma surely deserves credit. That depends on who you believe. According to the anarcho-syndicalists at PriceWaterhouseCoopers, the global pharmaceutical market is expected to double by 2020 to $1.3 trillion. This market will depend, as it has for a quarter of a century, on the often-extraordinary prices achieved for pills and potions. But as the industry never fails to say, remarkable profits are required to justify the huge costs of research. Humanity pays, but humanity benefits. Up to a point. Take Pfizer, biggest, by most estimates, of the big. In 2006 its " healthcare revenues " stood at $48.3bn. It spent $7.59bn on R & D. Despite that effort, Pfizer managed to finish the year with a net income of $19.33bn. As a proportion of sales, that figure tends to make most FTSE and Fortune 500 companies gape. In 2003, in the US, the profits of the top 10 drugs companies, US and European, fell to 14.3% of sales. The Fortune median was 4.6%. The allegation is simple: profiteering. Add to that the claim that the pharmaceutical industry is " disease-mongering " , promoting minor conditions to the status of illnesses requiring drugs. Add again the fact that " marketing " expenditure - $67bn in the US in 2002 - is generally two-and-a-half times the amount spent on R & D. Add further the claim that " innovation " within the industry is trivial, that truly new drugs are few and far between, and often originate in academia and the public sector. Add finally the charge that this is an industry with no sincere interest in producing medicines for those in the third world who need them most. According to Oxfam, the richest 15% of the world population puts away in excess of 90% of its pharmaceuticals. The drugs trade, having fought a long (though unsuccessful) battle to deny the HIV victims of South Africa cheap retrovirals, is still failing to put its famous R & D effort at the service of billions. Between 1999 and 2004, according to the charity, 163 medicines were " brought to market " . Only three were new drugs aimed at the diseases afflicting the third world. TB is now killing two million people a year. Sufferers require six months of treatment. But according to Helena Vines-Fiestas, author of an Oxfam report, " the most recent medicine is 30 years old " . According to the Commons public accounts committee, Big Pharma spends £850m a year " marketing " products to GPs. This revelation followed a National Audit Office survey showing that one in five of GPs is " more influenced " by drug reps than by official advisers. Influenced in what sense? To keep pace with the very latest in medical advances? To study the favourable (but not the less favourable) data that the drug firms supply? To attend conferences funded by the pharmaceutical industry? To heed the fellow professionals employed - for their expertise, surely, and not for their endorsement - by Big Pharma, the people who sometimes also manage to serve on regulatory bodies? Or just to take receipt of free samples? Prefer, for now, to concentrate on all those dedicated GPs who just want to know about breakthroughs. Marcia Angell, a lecturer in social medicine at Harvard and an industry critic, has alleged there are far fewer of these than the R & D propaganda would have us believe. Angell recorded that between 1998 and 2003, 487 drugs were approved by the US Food and Drug Administration. Of these, 78% were classified as " similar " to drugs already on the market; 68% were not new compounds; and only 14% were " likely to be improvements over older drugs " . Hence the huge marketing effort devoted to mere " me-too " medicines. As Angell noted, " a uniquely important drug would require very little promotion " . The cure for cancer is still awaited, but the me-toos get that precious patent protection. They need it. Between 2000 and 2004, according to the European Commission, the number of actually new drugs coming to market had dropped from 40 to 29 a year. The stock markets also fret over " thinning pipelines " as multi-billion dollar " blockbuster " drugs fall out of patent. So Big Pharma has turned increasingly to " partnerships " with universities and the public sector. State aid, if you like. They appear to believe they have no other choice. Angell recalls that in 2002 the FDA approved 78 drugs. Only 17 contained new active ingredients and only seven of those were classified as improvements on older medicines. The rub? Of " those seven, not one came from a major US drug company " . Still, there's hope for Big Pharma. If they can't find new ways to cure us, they can always invent new ways to make us ill. Journalist and author Ray Moynihan will tell you that these days " marketing strategies have focused on promoting illness, rather than simply promoting drugs " . " Female sexual dysfunction " , " irritable bowel syndrome " , " adult attention deficit disorder " and the rest have been discovered as serious ailments, the better to sell pills, while the companies " work " with patients' groups, medical groups, politicians and the media. Such strategies make a nonsense of the NHS ethos. The economic power of the industry makes a nonsense of democratic oversight. The damage done to medicine itself by a parasitic trade that is, in essence, robbing the sick is close to incalculable. And the drugs, increasingly, don't work, not as billed, any more. GlaxoSmithKline probably isn't too concerned by British legislation. In January, the European Commission staged raids at its offices, and the offices of a clutch of other drugs firms. " Possible anti-competitive behaviour " to prevent cheap generics from reaching the market is the allegation. Now who would dream of doing such a thing to those who are ill and in desperate need? And which democracies would allow it? Looking for last minute shopping deals? Find them fast with Search. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted March 10, 2008 Report Share Posted March 10, 2008 Why should we care? Pharma offers nothing worth buying. The best path to stay healthy by living carefully, naturally. No drug company has made a dime off of me in ten years thanks to the wealth information available here on the web. We can do it ourselves... and far better. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted March 10, 2008 Report Share Posted March 10, 2008 People need to stop relying on a 'pill for every ill'. Educate themselves. Don't take their doctor's word as gospel. Challenge any medication they are prescribed. Seek out naturopathic practitioners to help the body as a whole heal and not just treat symptoms. I'm not saying that some medications are useful or necessary for some people. But the vast majority of modern illnesses are preventable or treatable if people would only follow healthy diet and lifestyle practices. Quote Link to comment Share on other sites More sharing options...
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