New prescription drugs have a one in five chance of causing
serious reactions after they have been approved. For this reason, expert
physicians recommend not taking new drugs unless they have been on the market
for at least five years. It takes that long to determine whether they are safe.
What’s more, most of the new drugs offer few advantages over
old ones. Independent reviews by expert teams in France, Canada, and the
Netherlands have concluded that of the 946 new products released between 2002
and 2010, only two were breakthroughs and 13 represented a real therapeutic
advance. The remaining 85 to 89 percent of the new drugs offered little or no
clinical advantage. And yet these new drugs continue to flood the market.
The reason that new drugs offer few advantages over old ones
is that companies just tinker a bit with their existing drugs, then begin
pushing these “new drugs.” (I read about one man who pried the coating off a
“new” drug to find the old drug underneath. The “improvement” was merely the
coating.) Nevertheless, their sales and profits are soaring, largely as a
result of raising prices and getting more physicians to prescribe more drugs. Naturally, the new drugs are far more costly than the drugs they replace.
For an introduction to this blog, see I Just Say No; for a list of blog topics, click the Topics tab.
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