Where to start? The wrongdoing of big pharma is so vast that
many books have been written about the ways in which drug companies deceive us.
One good one is The Truth About the Drug
Companies: How They Deceive Us and What To Do About It. The author is Marcia Angell, M.D., who is the former editor in
chief of The New England Journal of
Medicine. She describes the pharmaceutical industry as having “moved very
far from its original high purpose of discovering and producing useful new
drugs” to becoming “a marketing machine to sell drugs of dubious benefit.” The
companies now “use their wealth and power to co-opt every institution that
might stand in its way, including the U.S. Congress, the Food and Drug
Administration, academic medical centers and the medical profession itself.”
Since the early 1980s and with few exceptions, pharmaceutical companies have
consistently ranked as the most profitable in the United States (more than $200
billion a year).
Here are some of the ways big pharma deceives:
·
Over charging.
The cost of the drug is unrelated to the costs of research and development, as
they would have you believe. Instead, the costs, which are continually rising,
are based on what the traffic will bear.
·
Manipulating
research findings to make drugs look good. As much as 90 percent of
published medical information—the kind of information that doctors rely on—is flawed,
according to the world’s foremost expert on the credibility of medical research.
·
Rewarding
doctors to promote their drugs. Companies spend more than four billion
dollars nationwide in payments to doctors for attending and promoting drugs at
industry-sponsored conferences.
·
Rewarding
doctors to prescribe their drugs. The rewards range from meals to generous
honoraria for speaking at conferences. As a rule, the doctors who prescribe the
most are rewarded the most.
·
Promoting
old drugs as new. Most of the new drugs approved by the FDA are “me too”
drugs—old drugs whose molecules have been only slightly altered so they can
appear as new. They are more expensive but no more effective than the old
models.
·
Passing
off their professionally-written articles as the work of academics. Drug companies
pay professional writers to produce academic papers according to the companies’
specifications then get the academics to put their names to them.
·
Passing
off marketing as “education.” The drug companies’ so called “education”
programs come out of their marketing budgets, which, collectively in 2001
amount to $19 billion. By masquerading marketing as education, big pharma can
evade legal constraints on marketing activities.
Next week: Drug companies over charge
For an introduction to this blog, see I Just Say No; for a list of blog topics, click the Topics tab.
For an introduction to this blog, see I Just Say No; for a list of blog topics, click the Topics tab.
No comments:
Post a Comment