The Truth About the Drug Companies How They Deceive Us and What to Do About It review ´ 0

review The Truth About the Drug Companies How They Deceive Us and What to Do About It

The Truth About the Drug Companies How They Deceive Us and What to Do About It review ´ 0 õ ❴KINDLE❵ ✾ The Truth About the Drug Companies How They Deceive Us and What to Do About It Author Marcia Angell – During her two decades at The New England JouL industry has become–and argues for essential long overdue changeCurrently Americans spend a staggering billion each year on prescription drugs As Dr Angell powerfully demonstrates claims that high drug prices are necessary to fund research and development are unfounded The truth is that drug companies funnel the bulk of their resources into the marketing of products of dubious benefit Meanwhile as profits soar the companies brazenly use their wealth and power to push their agenda through Truth About the Drug Companies PDF or Congress the FDA and academic medical centersZeroing in on hugely successful drugs like AZT the first drug to treat HIVAIDS Taxol the best selling cancer drug in history and the blockbuster allergy drug Claritin Dr Angell demonstrates exactly how new products are brought to mar. Nice compilation of facts in pharmaceutical industry in the US1 The cost on marketing and sales is major 31% of profits; RD cost is minor2 There aren't many new drugs developed; most useful drugs are developed not by drug companies but for example by NIH3 Drug companies do not follow free market but use lots of monopoly techniues4 New drugs look cool due to sales To make them look good drug companies can sponsor medical journals and impose favor towards research discoveries that praises a drug and they can also give money to physicians according to the number of patients they introduce to buy the drug or get tested on a new drug under development5 The average research cost of a new drug is 100 million but not 820 million as marketed by drug companies The extra cost is on marketing and salesHistory The price of prescription only medicines POM was acceptable before 1980 but evilly soars after 1980 Now the industry earns 200 billion dollars ranking top 1 in the US The root reason is that President Ronald Reagon's reforms make lucrative people respectable so people trade moral disciplines for profits The social value shifts from although I am poor I am a gentleman to if you are smart why aren't you richKey flaw in law A new drug just needs to prove to FDA that it is effective but not effective than existing drugsResources Chinese version of the book

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During her two decades at About the MOBI #239 The New England Journal of Medicine Dr Marcia Angell The Truth eBook #233 had a front row seat on the appalling spectacle of the pharmaceutical industry She watched Truth About the Epub #220 drug companies stray from their original mission of discovering and manufacturing useful drugs and instead Truth About the Drug Companies PDF or become vast marketing machines with unprecedented control over their own fortunes She saw them gain nearly limitless influence over medical research education and how doctors do their jobs She sympathized as the American public particularly the elderly struggled and increasingly failed to meet spiraling prescription drug prices Now in this bold hard hitting new book Dr Angell exposes the shocking truth of what the pharmaceutica. The Truth About Drug Companies 2004 by Marcia Angell describes how pharmaceutical companies manipulate science and US politics in order to make money Angell was on the staff of the New England Journal of Medicine for over 20 years and became its first female editor She has had extensive experience dealing with and observing how big pharma operates The accusations that Angell levels at the drug companies are that they only publish successful trials game phase 4 trials manipulate doctors with subsidized ‘education’ that is really a sale pitch game the US patent system lobby to ensure that the US government a major purchaser of drugs doesn’t negotiate hard on price and sets the rules up to maximise profit The book goes into detail and makes a strong case on each point The fact that the rest of the world pays substantially less than the US does is very true and uite remarkable Angell doesn’t look at how the US insurance system and Medicare and Medicaid encourage people to get expensive drugs if they are paid for by other people with little contribution from the user but the issue could be added The book is a solid well researched well reasoned and interesting look at how drug companies have manipulated the system

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The Truth About the Drug Companies How They Deceive Us and What to Do About ItKet Drug companies she shows routinely rely on publicly funded institutions for their basic research they rig clinical trials to make their products look better than they are and they use their legions of lawyers to stretch out government granted exclusive marketing rights for years They also flood the market with copycat drugs that cost a lot than the drugs they mimic but are no effectiveThe American pharmaceutical industry needs to be saved mainly from itself and Dr Angell proposes a program of vital reforms which includes restoring impartiality to clinical research and severing the ties between drug companies and medical education Written with fierce passion and substantiated with in depth research The Truth About the Drug Companies is a searing indictment of an industry that has spun out of control. Nobody who reads this book will want to take a pill ever again Dr Angell exposes the modern legal drugs trade for what it is so deeply rooted in profit lust and political corruption it's got nothing to do with curing disease and everything to do with making truckloads of money Drug companies cry poor yet they charge exorbitant prices for their products drag out their patent rights as long as possible and prevent the medicine being distributed cheaply in poorer countries that desperately need it all while they make even higher record profits every year They spend a lot of time developing nearly identical drugs for trivial conditions like colds because they can sell a lot but hardly ever produce treatments for rare disorders on which they might only break even Despite claiming that they need to charge high prices to conduct research they do almost none instead piggy backing on taxpayer funded universities and research organizations so their research is basically free They pay doctors with educational seminars in exotic locations and provide them with misinformation so the medicos choose their drugs every time and even prescribe them for illnesses for which they were not designed and on which they have minimal effect Although I have been wary of the drugs trade for many years this was the book that provided me with the evidence to back up my suspicions Read it and be informed despite being a few years old and American in focus it's still applicable around the world today you will understand much better how you get your medicine and make better choices