They're just beginning to change - Drug companies.
Corporations that are turning over these huge profits can own everything: the media, the universities, the mines, the weapons industry, insurance hospitals, drug companies, non-governmental organisations. They can buy judges, journalists, politicians, publishing houses, television stations, bookshops and even activists. This kind of monopoly, this cross-ownership of businesses, has to stop.
Insurance companies, drug companies are going to have to be ponying up, partly because right now they're receiving huge subsidies.
Let's fix what's broken about Obamacare, but let's not throw it away and give it all back to the insurance companies and the drug companies.
People who know nothing about advertising, nothing about pharmaceuticals, and nothing about economics have been loudly proclaiming that the drug companies spend too much on advertising - and demanding that the government pass laws based on their ignorance.
If you want quality service, you have to pay for it. You don't buy into waste. I have great misgivings about the amount of advertising that we see in the health care field, some by hospitals, a lot by drug companies.
It is incomprehensible that drug companies still get away with charging Americans twice as much, or more, than citizens of Canada or Europe for the exact same drugs manufactured by the exact same companies.
I have taken on virtually every element of the big money establishment, whether it's the Koch brothers, and the big energy companies, whether it's the industrial complex, whether it's Wall Street... I have taken on the drug companies. I have taken on the insurance companies.
Drug companies are a bit like high school boyfriends - they're much more concerned with getting inside you than being effective once they're in there.
As James Surowiecki noted in a New Yorker article, given a choice between developing antibiotics that people will take every day for two weeks and antidepressants that people will take every day for ever, drug companies not surprisingly opt for the latter. Although a few antibiotics have been toughened up a bit, the pharmaceutical industry hasn't given us an entirely new antibiotic since the 1970s.
Drug companies should not be allowed to reap excessive profits or spend unreasonable amounts on marketing if they want to receive support that is designed to encourage life- saving and health-improving treatments.
AZT was never meant to treat HIV. It was meant to treat cancer and, when it was discovered to be toxic, the drug companies stopped clinic trials of the drug because it was so toxic. Is this drug really one we want to use?
Do you want to know why marijuana is illegal? Because the drug companies want marijuana to be illegal. You see, if it came down to Prozak versus Marijuana, Prozak would lose.
The public relies on the advice of doctors and leading researchers. The public has a right to know about financial relationships between those doctors and the drug companies who make the pharmaceuticals prescribed by doctors.
Some blame the drug companies. I don't. They are corporations. Their managers are ordered by law to make money for the corporation. They push a certain patent policy not because of ideals,but because it is the policy that makes them the most money. And it only makes them the most money because of a certain corruption within our political system-a corruption the drug companies are certainly not responsible for. The corruption is our own politicians' failure of integrity.
And there are lots of drug companies that are working on cure or medicine.
Drug companies spend more on advertising and marketing than on research, more on research on lifestyle drugs than on life saving drugs, and almost nothing on diseases that affect developing countries only. This is not surprising. Poor people cannot afford drugs, and drug companies make investments that yield the highest returns.
In case you haven't noticed, a large wall is being built around the American people to ensure that they remain prisoner to the drug industry. It's easy to understand why drug makers want to force Americans to buy their products in the United States. Ours is the only industrialized country that doesn't negotiate the prices the drug companies may charge. As a result, a 90-day supply of Fosamax sells for $105 in Canada but $210 here.
If anyone doubts the influence of drug company ads on patients and physicians - consider all those wasted billions of dollars for a pill that sells for more than six times as much as another drug that does the same thing, made by the same company.
Everyone interested in licensing our field might note that the reason licensing has been invented is to protect the public, not designers or clients. 'Do no harm' is an admonition to doctors concerning their relationship to their patients, not to their fellow practitioners or the drug companies. If we were licensed, telling the truth might become more central to what we do.
Competition leads both drug companies and private regulators to be trustworthy. If they are not trustworthy, they die.
Rooting for the Red Sox is like rooting for the drug companies.
Modern medicine is not scientific, it is full of prejudice, illogic and susceptible to advertising. Doctors are not taught to reason, they are programmed to believe in whatever their medical schools teach them and the leading doctors tell them. Over the past 20 years the drug companies, with their enormous wealth, have taken medicine over and now control its research, what is taught and the information released to the public.
The thing that bugs me is that the people think the FDA is protecting them - it isn’t. What the FDA is doing and what the public thinks it’s doing are as different as night and day.
Democrats believe we must have comprehensive health care reform that includes giving the federal government authority to negotiate lower prices with drug companies.
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