If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
WHAT? You Worried About Your Meds Costs? Hell -- YOU'RE Paying Drug Companies' R&D Costs!
Some say the big drug firms "allow" federal and university LABS to
develop the new drugs, then the companies step in and license the drugs and sell 'em to U.S. citizens for VAST PROFITS, which pay for advertising and obscene CEO salaries and bonuses! And of course most of the advertisements intimate that non-generic is BEST. TRANSLATION: You, the "customer," PAY for the R&D so pharmaceutical multinationals can SOAK YOU for your medications. Nice work if you can get it, eh? ------------ "Ensuring Fairness in Prescription Drug Prices" Letters To The Editor The Washington Post Monday, November 13, 2006; A20 The Nov. 2 editorial "An Election on Drugs" overlooked one salient fact. Most of the money spent on developing new drugs comes from public funds via the National Institutes of Health and universities. In fact, according to an analysis by health services professor Alan Sager, the big drug companies spent only 11 percent of their budget on research and development in 1999. This compares with 16 percent profit. More important, they spent 31 percent on marketing and administration. This marketing is principally aimed at getting us to use expensive drugs in situations where cheaper drugs would suffice. It includes not only the odious ads bombarding us on television and radio and in magazines and newspapers but also the thousands of ill-educated drug "pushers" who flood doctors' offices with misinformation. It also includes payments to physicians both direct (incentives to prescribe very expensive drugs) and indirect (meals and vacations at resorts under the guise of conferences and education). All of this is not only unnecessary but actually harmful. Drug prices could be reduced by one-third without affecting research in the slightest. LEONARD S. CHARLAP Princeton, N.J. http://www.washingtonpost.com/wp-dyn...111200718.html |
#2
|
|||
|
|||
WHAT? You Worried About Your Meds Costs? Hell -- YOU'RE Paying Drug Companies' R&D Costs!
went to the doctor on a Thursday, drug rep day,
both sides were filled with reps, male and female, maybe 15 of them, $1000 suits, raspberries, laptops, boxes of goodies, the stuff you see all over the pace, pens,calendars, mouse pads,pamphlets, etc. and it occurred to me that is not enough to persuade any doctor to prescribe anything I wonder if they had envelopes full of cash or vacation tickets or gift certificates and lists of who prescribed what the typical republicon business method, bribery,corruption, theft "clitteigh" wrote in message ups.com... Some say the big drug firms "allow" federal and university LABS to develop the new drugs, then the companies step in and license the drugs and sell 'em to U.S. citizens for VAST PROFITS, which pay for advertising and obscene CEO salaries and bonuses! And of course most of the advertisements intimate that non-generic is BEST. TRANSLATION: You, the "customer," PAY for the R&D so pharmaceutical multinationals can SOAK YOU for your medications. Nice work if you can get it, eh? ------------ "Ensuring Fairness in Prescription Drug Prices" Letters To The Editor The Washington Post Monday, November 13, 2006; A20 The Nov. 2 editorial "An Election on Drugs" overlooked one salient fact. Most of the money spent on developing new drugs comes from public funds via the National Institutes of Health and universities. In fact, according to an analysis by health services professor Alan Sager, the big drug companies spent only 11 percent of their budget on research and development in 1999. This compares with 16 percent profit. More important, they spent 31 percent on marketing and administration. This marketing is principally aimed at getting us to use expensive drugs in situations where cheaper drugs would suffice. It includes not only the odious ads bombarding us on television and radio and in magazines and newspapers but also the thousands of ill-educated drug "pushers" who flood doctors' offices with misinformation. It also includes payments to physicians both direct (incentives to prescribe very expensive drugs) and indirect (meals and vacations at resorts under the guise of conferences and education). All of this is not only unnecessary but actually harmful. Drug prices could be reduced by one-third without affecting research in the slightest. LEONARD S. CHARLAP Princeton, N.J. http://www.washingtonpost.com/wp-dyn...111200718.html |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
What, YOU WORRIED About U.S. Drug Costs? Hell -- YOU Subsidize Drug Companies' R&D! e | clitteigh | Kids Health | 0 | November 13th 06 02:56 PM |
DRUG COMPANIES WANT TO ESCAPE ALL RESPONSIBILITY FOR VACCINE INJURIES | john | General | 0 | December 19th 05 05:58 PM |
DRUG COMPANIES WANT TO ESCAPE ALL RESPONSIBILITY FOR VACCINE INJURIES | john | Kids Health | 0 | December 19th 05 05:58 PM |
August 24 DC Protest - Vaccine-Autism Activists Join In | Ilena Rose | Kids Health | 78 | September 7th 05 02:45 PM |
Restless Legs, Sleepless Nights | [email protected] | Pregnancy | 0 | January 4th 04 06:54 PM |