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HADCORP |
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Knowledge Empowers |
| Big Pharma | ||
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Big Pharma is defined as the top twenty pharma companies by market value. These companies represent almost 60 percent of the world pharma market. Watch the following video to learn more about Big Pharma and how your doctor may be influenced by pharmaceutical companies.
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| In the News | ||
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What Doctors Don't Tell You
London, UK
29 February 2008
EC investigators are carrying out raids on the offices of drug companies around Europe. The raids began in January, and the companies aren’t given any advance notice in case executives destroy sensitive documents.
Astonishingly, the raids have been prompted by a general sense of mistrust of the drugs industry rather than by a specific allegation. In other words, they are sure the pharmaceuticals are doing something wrong even if they don’t know what it is.
European competition commissioner Nellie Kroes is co-ordinating the raids in the name of antitrust laws, although she has admitted she has not received any specific allegations.
As industry commentator Andrew Jack put it: “Instead of being viewed as heroic providers of the latest life-saving medicines, drug companies seem often to be viewed as 19th century snake oil salesmen.”
Suspicions have been fuelled by the knowledge that the drugs industry is heading for a major crunch, with many top-selling drugs losing their patent protection soon. This year blockbusters such as Fosamax, Effexor, Keppra and Risperdal lose their patents, which means their market becomes immediately open to generic, copycat drugs that are also often cheaper. GlaxoSmithKline has already warned of a 7 per cent drop in earnings this year.
(Source: British Medical Journal, 2008; 336: 418-9).
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Medicine wins when doctors say no Big Pharma Agrees To Stricter Ad Rules Bad news for Big Pharma: Gamers may not be addicts Patent Law Battle a Boon to Lobbyists Canada’s C-51 Law To Outlaw 60% of Natural Health Products Merck Deception in Vioxx Studies Detailed Drug Prices Surge Despite Criticisms On Campaign Trail Zombie patents — they cost the healthcare system billions, but just won’t die FDA, Big Pharma team up on drug research center Drug company ties common in med schools Ky. officials sue makers of OxyContin Texas Investor Eyes Space Station as Orbiting Pharma LabPrescription for Conflict- The State of Oregon has a trio of investigations into Big Pharma. But legislators say the Justice Department blocked a better solution.Arkansas AG's lawsuit could deliver $90m jackpot for TX lawyers Qui Tam lawsuit against McKesson, Cardinal, and AmerisourceBergen Following the Script: How Drug Reps Make Friends and Influence Doctors Docs often write off patient side effect concerns Aventis Pays More Than $190 Million to Settle Drug Pricing Fraud Matters |
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Copyright 2004-2008, Pamela Jones and Human Adjuvant Disease Corp. Certain portions of this web site may not be reproduced in whole or in part in any form or medium without express written permission of Pamela Jones.
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