The Stats on Pharmaceutical Companies

The Stats About PHARMACEUTICAL It probably won't shock you to learn that Americans pay some of the highest drug and health care cost in the world. This steep prescription price tag does not always buy better or higher quality drugs. Why is this? Well, Big Pharma, as large pharmaceutical companies are COMPANIES called, have run amok in America. THE REAL COST OF DRUGS: LIPITOR 20mg Consumer price (per 100 tablets): $272.37 Cost of Active Ingredients: $5.80 Markup: 4,696% XANAX 1mg Consumer price (per 100 tablets): $136.79 Cost of Active Ingredients: $0.24 Markup: 569,958% CLARITIN 1 0mg Consumer price (per 100 tablets): $215.17 Cost of Active Ingredients: $0.71 Markup: 30,300% PROZAC 20mg Consumer price (per 100 tablets): $247.47 Cost of Active Ingredients: $0.11 Markup: 224,973% PRILOSEC 20mg Consumer price (per 100 tablets): $360.97 Cost of Active Ingredients: $0.52 Markup: 69.417% ZOLOFT 50mg Consumer price (per 100 tablets): $206.87 Cost of Active Ingredients: $3.20 Markup: 11,821% THE TOP TEN BIG PHARMA COMPANIES ARE: Pfizen MERCK Johnonafohmon O NOVARTIS Astrazeneca Abbot Laboratories, S.A. Bayer gsk YAventis Roche COMBINED PROFITS OF $35.9 BILLION. IN AMERICA, THE COST OF PRESCRIPTION DRUGS RISES 12% EVERY YEAR. THAT'S ABOUT $200 BILLION EVERY YEAR. 1980 2010 3 TIMES WHAT DRUGS COST 30 YEARS AGO. MANY DRUGS APPROVED BY THE FDA ARE KNOWN AS ME-TOO DRUGS. THESE DRUGS ARE COPIES OF SUCCESSFUL EXISTING DRUGS, WITH VERY MINOR ALTERATIONS. ME-TOO DRUGS ONLY NEED TO BE SLIGHTLY MORE EFFECTIVE THAN A PLACEBO. SO WHY ARE AMERICAN PHARMACEUTICALS MORE EXPENSIVE THAN OTHER PLACES? COMPARISON OF DRUG PRICES 20 GENERIC BRAND NAME AMERICA HAS AMERICA HAS UNTIL THE PATENT ENDS, NO NO CAPS ON THE PRICE 20 YEAR PATENT GENERICS CAN ENTER THE MARKET, OF PRESCRIPTIONS. LAWS. WHICH ARE OFTEN 80% CHEAPER. AMERICAN SENIOR CITIZENS ARE PERHAPS THE MOST AFFECTED BY EXPENSIVE DRUGS. 90% OF SENIORS TAKE DAILY PRESCRIPTIONS COSTING $1,500 PER YEAR. ONE IN FOUR SENIORS SKIPS DOSES TO REDUCE THEIR COST. STUDIES SUGGEST THAT MORE THAN 25% OF DOCTORS RECEIVE MONEY FROM BIG PHARMA TO HELP MARKET THEIR DRUGS. BIG PHARMA COLLECTIVELY SPENDS MORE THAN $20 BILLION A YEAR MARKETING THEIR PATENTED DRUGS. $4.7 BILLION $12 BILLION $3.4 BILLION CONSUMER ADVERTISING 62% TV ADS SPONSORING INDUSTRY EVENTS, CONVENTIONS AND MEETINGS. 35% PRINT ADS 3% ONLINE ADS THIS GROUP IS GROWING RAPIDLY DOOR TO DOOR MARKETING TO DOCTORS OFFICES. DESPITE BIG PHARMA'S CLAIMS, MOST MONEY IS SPENT ON ADVERTISING INSTEAD OF ON R&D. IN 2008, RESEARCHERS FOUND THAT TWICE BIG PHARMA USUALLY BUYS RESEARCH DONE AS MUCH MONEY WAS SPENT ON ADS AS BY UNIVERSITIES AND BIOTECH COMPANIES R&D. INSTEAD OF PERFORMING $$ THEMSELVES. ADS R&D BIG PHARMA OFTEN EXAGGERATES A CONDITION IN ORDER TO HAVE A WIDER MARKET. OCCASIONAL INDIGESTION = GASTRO-ESOPHAGEAL REFLUX DISEASE (GERD) PMS = PREMENSTRUAL DYSPHORIC DISORDER (PDD) RESTLESSNESS = RESTLESS LEG SYNDROME PROBLEMS SPEAKING IN PUBLIC = SOCIAL ANXIETY DISORDER (SAD) (RLS) IN THE 1990S, A PROFESSOR OF STANFORD UNIVERSITY, IRVING WEISSMAN, DEVELOPED 2 TREATMENTS TO POTENTIALLY CURE DIABETES, ALONG WITH PROMISING TREATMENTS FOR LATE-STAGE BREAST CANCER AND LEUKEMIA. UnlineSchools www.OnlineSchools.org BIG PHARMA WASN'T INTERESTED. THERE'S NO MONEY IN CURING DIABETES WHEN ONGOING TREATMENT (INSULIN, METERS, TESTING STRIPS, ETC.) IS SO PROFITABLE. The Stats About PHARMACEUTICAL It probably won't shock you to learn that Americans pay some of the highest drug and health care cost in the world. This steep prescription price tag does not always buy better or higher quality drugs. Why is this? Well, Big Pharma, as large pharmaceutical companies are COMPANIES called, have run amok in America. THE REAL COST OF DRUGS: LIPITOR 20mg Consumer price (per 100 tablets): $272.37 Cost of Active Ingredients: $5.80 Markup: 4,696% XANAX 1mg Consumer price (per 100 tablets): $136.79 Cost of Active Ingredients: $0.24 Markup: 569,958% CLARITIN 1 0mg Consumer price (per 100 tablets): $215.17 Cost of Active Ingredients: $0.71 Markup: 30,300% PROZAC 20mg Consumer price (per 100 tablets): $247.47 Cost of Active Ingredients: $0.11 Markup: 224,973% PRILOSEC 20mg Consumer price (per 100 tablets): $360.97 Cost of Active Ingredients: $0.52 Markup: 69.417% ZOLOFT 50mg Consumer price (per 100 tablets): $206.87 Cost of Active Ingredients: $3.20 Markup: 11,821% THE TOP TEN BIG PHARMA COMPANIES ARE: Pfizen MERCK Johnonafohmon O NOVARTIS Astrazeneca Abbot Laboratories, S.A. Bayer gsk YAventis Roche COMBINED PROFITS OF $35.9 BILLION. IN AMERICA, THE COST OF PRESCRIPTION DRUGS RISES 12% EVERY YEAR. THAT'S ABOUT $200 BILLION EVERY YEAR. 1980 2010 3 TIMES WHAT DRUGS COST 30 YEARS AGO. MANY DRUGS APPROVED BY THE FDA ARE KNOWN AS ME-TOO DRUGS. THESE DRUGS ARE COPIES OF SUCCESSFUL EXISTING DRUGS, WITH VERY MINOR ALTERATIONS. ME-TOO DRUGS ONLY NEED TO BE SLIGHTLY MORE EFFECTIVE THAN A PLACEBO. SO WHY ARE AMERICAN PHARMACEUTICALS MORE EXPENSIVE THAN OTHER PLACES? COMPARISON OF DRUG PRICES 20 GENERIC BRAND NAME AMERICA HAS AMERICA HAS UNTIL THE PATENT ENDS, NO NO CAPS ON THE PRICE 20 YEAR PATENT GENERICS CAN ENTER THE MARKET, OF PRESCRIPTIONS. LAWS. WHICH ARE OFTEN 80% CHEAPER. AMERICAN SENIOR CITIZENS ARE PERHAPS THE MOST AFFECTED BY EXPENSIVE DRUGS. 90% OF SENIORS TAKE DAILY PRESCRIPTIONS COSTING $1,500 PER YEAR. 为 力 力 力 ONE IN FOUR SENIORS SKIPS DOSES TO REDUCE THEIR COST. STUDIES SUGGEST THAT MORE THAN 25% OF DOCTORS RECEIVE MONEY FROM BIG PHARMA TO HELP MARKET THEIR DRUGS. BIG PHARMA COLLECTIVELY SPENDS MORE THAN $20 BILLION A YEAR MARKETING THEIR PATENTED DRUGS. $4.7 BILLION $12 BILLION $3.4 BILLION CONSUMER ADVERTISING 62% TV ADS SPONSORING INDUSTRY EVENTS, CONVENTIONS AND MEETINGS. 35% PRINT ADS 3% ONLINE ADS THIS GROUP IS GROWING RAPIDLY DOOR TO DOOR MARKETING TO DOCTORS OFFICES. DESPITE BIG PHARMA'S CLAIMS, MOST MONEY IS SPENT ON ADVERTISING INSTEAD OF ON R&D. IN 2008, RESEARCHERS FOUND THAT TWICE BIG PHARMA USUALLY BUYS RESEARCH DONE AS MUCH MONEY WAS SPENT ON ADS AS BY UNIVERSITIES AND BIOTECH COMPANIES R&D. INSTEAD OF PERFORMING $$ THEMSELVES. ADS R&D BIG PHARMA OFTEN EXAGGERATES A CONDITION IN ORDER TO HAVE A WIDER MARKET. OCCASIONAL INDIGESTION = GASTRO-ESOPHAGEAL REFLUX DISEASE (GERD) PMS = PREMENSTRUAL DYSPHORIC DISORDER (PDD) RESTLESSNESS = RESTLESS LEG SYNDROME PROBLEMS SPEAKING IN PUBLIC = SOCIAL ANXIETY DISORDER (SAD) (RLS) IN THE 1990S, A PROFESSOR OF STANFORD UNIVERSITY, IRVING WEISSMAN, DEVELOPED 2 TREATMENTS TO POTENTIALLY CURE DIABETES, ALONG WITH PROMISING TREATMENTS FOR LATE-STAGE BREAST CANCER AND LEUKEMIA. UnlineSchools www.OnlineSchools.org BIG PHARMA WASN'T INTERESTED. THERE'S NO MONEY IN CURING DIABETES WHEN ONGOING TREATMENT (INSULIN, METERS, TESTING STRIPS, ETC.) IS SO PROFITABLE. The Stats About PHARMACEUTICAL It probably won't shock you to learn that Americans pay some of the highest drug and health care cost in the world. This steep prescription price tag does not always buy better or higher quality drugs. Why is this? Well, Big Pharma, as large pharmaceutical companies are COMPANIES called, have run amok in America. THE REAL COST OF DRUGS: LIPITOR 20mg Consumer price (per 100 tablets): $272.37 Cost of Active Ingredients: $5.80 Markup: 4,696% XANAX 1mg Consumer price (per 100 tablets): $136.79 Cost of Active Ingredients: $0.24 Markup: 569,958% CLARITIN 1 0mg Consumer price (per 100 tablets): $215.17 Cost of Active Ingredients: $0.71 Markup: 30,300% PROZAC 20mg Consumer price (per 100 tablets): $247.47 Cost of Active Ingredients: $0.11 Markup: 224,973% PRILOSEC 20mg Consumer price (per 100 tablets): $360.97 Cost of Active Ingredients: $0.52 Markup: 69.417% ZOLOFT 50mg Consumer price (per 100 tablets): $206.87 Cost of Active Ingredients: $3.20 Markup: 11,821% THE TOP TEN BIG PHARMA COMPANIES ARE: Pfizen MERCK Johnonafohmon O NOVARTIS Astrazeneca Abbot Laboratories, S.A. Bayer gsk YAventis Roche COMBINED PROFITS OF $35.9 BILLION. IN AMERICA, THE COST OF PRESCRIPTION DRUGS RISES 12% EVERY YEAR. THAT'S ABOUT $200 BILLION EVERY YEAR. 1980 2010 3 TIMES WHAT DRUGS COST 30 YEARS AGO. MANY DRUGS APPROVED BY THE FDA ARE KNOWN AS ME-TOO DRUGS. THESE DRUGS ARE COPIES OF SUCCESSFUL EXISTING DRUGS, WITH VERY MINOR ALTERATIONS. ME-TOO DRUGS ONLY NEED TO BE SLIGHTLY MORE EFFECTIVE THAN A PLACEBO. SO WHY ARE AMERICAN PHARMACEUTICALS MORE EXPENSIVE THAN OTHER PLACES? COMPARISON OF DRUG PRICES 20 GENERIC BRAND NAME AMERICA HAS AMERICA HAS UNTIL THE PATENT ENDS, NO NO CAPS ON THE PRICE 20 YEAR PATENT GENERICS CAN ENTER THE MARKET, OF PRESCRIPTIONS. LAWS. WHICH ARE OFTEN 80% CHEAPER. AMERICAN SENIOR CITIZENS ARE PERHAPS THE MOST AFFECTED BY EXPENSIVE DRUGS. 90% OF SENIORS TAKE DAILY PRESCRIPTIONS COSTING $1,500 PER YEAR. 为 力 力 力 ONE IN FOUR SENIORS SKIPS DOSES TO REDUCE THEIR COST. STUDIES SUGGEST THAT MORE THAN 25% OF DOCTORS RECEIVE MONEY FROM BIG PHARMA TO HELP MARKET THEIR DRUGS. BIG PHARMA COLLECTIVELY SPENDS MORE THAN $20 BILLION A YEAR MARKETING THEIR PATENTED DRUGS. $4.7 BILLION $12 BILLION $3.4 BILLION CONSUMER ADVERTISING 62% TV ADS SPONSORING INDUSTRY EVENTS, CONVENTIONS AND MEETINGS. 35% PRINT ADS 3% ONLINE ADS THIS GROUP IS GROWING RAPIDLY DOOR TO DOOR MARKETING TO DOCTORS OFFICES. DESPITE BIG PHARMA'S CLAIMS, MOST MONEY IS SPENT ON ADVERTISING INSTEAD OF ON R&D. IN 2008, RESEARCHERS FOUND THAT TWICE BIG PHARMA USUALLY BUYS RESEARCH DONE AS MUCH MONEY WAS SPENT ON ADS AS BY UNIVERSITIES AND BIOTECH COMPANIES R&D. INSTEAD OF PERFORMING $$ THEMSELVES. ADS R&D BIG PHARMA OFTEN EXAGGERATES A CONDITION IN ORDER TO HAVE A WIDER MARKET. OCCASIONAL INDIGESTION = GASTRO-ESOPHAGEAL REFLUX DISEASE (GERD) PMS = PREMENSTRUAL DYSPHORIC DISORDER (PDD) RESTLESSNESS = RESTLESS LEG SYNDROME PROBLEMS SPEAKING IN PUBLIC = SOCIAL ANXIETY DISORDER (SAD) (RLS) IN THE 1990S, A PROFESSOR OF STANFORD UNIVERSITY, IRVING WEISSMAN, DEVELOPED 2 TREATMENTS TO POTENTIALLY CURE DIABETES, ALONG WITH PROMISING TREATMENTS FOR LATE-STAGE BREAST CANCER AND LEUKEMIA. UnlineSchools www.OnlineSchools.org BIG PHARMA WASN'T INTERESTED. THERE'S NO MONEY IN CURING DIABETES WHEN ONGOING TREATMENT (INSULIN, METERS, TESTING STRIPS, ETC.) IS SO PROFITABLE. The Stats About PHARMACEUTICAL It probably won't shock you to learn that Americans pay some of the highest drug and health care cost in the world. This steep prescription price tag does not always buy better or higher quality drugs. Why is this? Well, Big Pharma, as large pharmaceutical companies are COMPANIES called, have run amok in America. THE REAL COST OF DRUGS: LIPITOR 20mg Consumer price (per 100 tablets): $272.37 Cost of Active Ingredients: $5.80 Markup: 4,696% XANAX 1mg Consumer price (per 100 tablets): $136.79 Cost of Active Ingredients: $0.24 Markup: 569,958% CLARITIN 1 0mg Consumer price (per 100 tablets): $215.17 Cost of Active Ingredients: $0.71 Markup: 30,300% PROZAC 20mg Consumer price (per 100 tablets): $247.47 Cost of Active Ingredients: $0.11 Markup: 224,973% PRILOSEC 20mg Consumer price (per 100 tablets): $360.97 Cost of Active Ingredients: $0.52 Markup: 69.417% ZOLOFT 50mg Consumer price (per 100 tablets): $206.87 Cost of Active Ingredients: $3.20 Markup: 11,821% THE TOP TEN BIG PHARMA COMPANIES ARE: Pfizen MERCK Johnonafohmon O NOVARTIS Astrazeneca Abbot Laboratories, S.A. Bayer gsk YAventis Roche COMBINED PROFITS OF $35.9 BILLION. IN AMERICA, THE COST OF PRESCRIPTION DRUGS RISES 12% EVERY YEAR. THAT'S ABOUT $200 BILLION EVERY YEAR. 1980 2010 3 TIMES WHAT DRUGS COST 30 YEARS AGO. MANY DRUGS APPROVED BY THE FDA ARE KNOWN AS ME-TOO DRUGS. THESE DRUGS ARE COPIES OF SUCCESSFUL EXISTING DRUGS, WITH VERY MINOR ALTERATIONS. ME-TOO DRUGS ONLY NEED TO BE SLIGHTLY MORE EFFECTIVE THAN A PLACEBO. SO WHY ARE AMERICAN PHARMACEUTICALS MORE EXPENSIVE THAN OTHER PLACES? COMPARISON OF DRUG PRICES 20 GENERIC BRAND NAME AMERICA HAS AMERICA HAS UNTIL THE PATENT ENDS, NO NO CAPS ON THE PRICE 20 YEAR PATENT GENERICS CAN ENTER THE MARKET, OF PRESCRIPTIONS. LAWS. WHICH ARE OFTEN 80% CHEAPER. AMERICAN SENIOR CITIZENS ARE PERHAPS THE MOST AFFECTED BY EXPENSIVE DRUGS. 90% OF SENIORS TAKE DAILY PRESCRIPTIONS COSTING $1,500 PER YEAR. 为 力 力 力 ONE IN FOUR SENIORS SKIPS DOSES TO REDUCE THEIR COST. STUDIES SUGGEST THAT MORE THAN 25% OF DOCTORS RECEIVE MONEY FROM BIG PHARMA TO HELP MARKET THEIR DRUGS. BIG PHARMA COLLECTIVELY SPENDS MORE THAN $20 BILLION A YEAR MARKETING THEIR PATENTED DRUGS. $4.7 BILLION $12 BILLION $3.4 BILLION CONSUMER ADVERTISING 62% TV ADS SPONSORING INDUSTRY EVENTS, CONVENTIONS AND MEETINGS. 35% PRINT ADS 3% ONLINE ADS THIS GROUP IS GROWING RAPIDLY DOOR TO DOOR MARKETING TO DOCTORS OFFICES. DESPITE BIG PHARMA'S CLAIMS, MOST MONEY IS SPENT ON ADVERTISING INSTEAD OF ON R&D. IN 2008, RESEARCHERS FOUND THAT TWICE BIG PHARMA USUALLY BUYS RESEARCH DONE AS MUCH MONEY WAS SPENT ON ADS AS BY UNIVERSITIES AND BIOTECH COMPANIES R&D. INSTEAD OF PERFORMING $$ THEMSELVES. ADS R&D BIG PHARMA OFTEN EXAGGERATES A CONDITION IN ORDER TO HAVE A WIDER MARKET. OCCASIONAL INDIGESTION = GASTRO-ESOPHAGEAL REFLUX DISEASE (GERD) PMS = PREMENSTRUAL DYSPHORIC DISORDER (PDD) RESTLESSNESS = RESTLESS LEG SYNDROME PROBLEMS SPEAKING IN PUBLIC = SOCIAL ANXIETY DISORDER (SAD) (RLS) IN THE 1990S, A PROFESSOR OF STANFORD UNIVERSITY, IRVING WEISSMAN, DEVELOPED 2 TREATMENTS TO POTENTIALLY CURE DIABETES, ALONG WITH PROMISING TREATMENTS FOR LATE-STAGE BREAST CANCER AND LEUKEMIA. UnlineSchools www.OnlineSchools.org BIG PHARMA WASN'T INTERESTED. THERE'S NO MONEY IN CURING DIABETES WHEN ONGOING TREATMENT (INSULIN, METERS, TESTING STRIPS, ETC.) IS SO PROFITABLE. The Stats About PHARMACEUTICAL It probably won't shock you to learn that Americans pay some of the highest drug and health care cost in the world. This steep prescription price tag does not always buy better or higher quality drugs. Why is this? Well, Big Pharma, as large pharmaceutical companies are COMPANIES called, have run amok in America. THE REAL COST OF DRUGS: LIPITOR 20mg Consumer price (per 100 tablets): $272.37 Cost of Active Ingredients: $5.80 Markup: 4,696% XANAX 1mg Consumer price (per 100 tablets): $136.79 Cost of Active Ingredients: $0.24 Markup: 569,958% CLARITIN 1 0mg Consumer price (per 100 tablets): $215.17 Cost of Active Ingredients: $0.71 Markup: 30,300% PROZAC 20mg Consumer price (per 100 tablets): $247.47 Cost of Active Ingredients: $0.11 Markup: 224,973% PRILOSEC 20mg Consumer price (per 100 tablets): $360.97 Cost of Active Ingredients: $0.52 Markup: 69.417% ZOLOFT 50mg Consumer price (per 100 tablets): $206.87 Cost of Active Ingredients: $3.20 Markup: 11,821% THE TOP TEN BIG PHARMA COMPANIES ARE: Pfizen MERCK Johnonafohmon O NOVARTIS Astrazeneca Abbot Laboratories, S.A. Bayer gsk YAventis Roche COMBINED PROFITS OF $35.9 BILLION. IN AMERICA, THE COST OF PRESCRIPTION DRUGS RISES 12% EVERY YEAR. THAT'S ABOUT $200 BILLION EVERY YEAR. 1980 2010 3 TIMES WHAT DRUGS COST 30 YEARS AGO. MANY DRUGS APPROVED BY THE FDA ARE KNOWN AS ME-TOO DRUGS. THESE DRUGS ARE COPIES OF SUCCESSFUL EXISTING DRUGS, WITH VERY MINOR ALTERATIONS. ME-TOO DRUGS ONLY NEED TO BE SLIGHTLY MORE EFFECTIVE THAN A PLACEBO. SO WHY ARE AMERICAN PHARMACEUTICALS MORE EXPENSIVE THAN OTHER PLACES? COMPARISON OF DRUG PRICES 20 GENERIC BRAND NAME AMERICA HAS AMERICA HAS UNTIL THE PATENT ENDS, NO NO CAPS ON THE PRICE 20 YEAR PATENT GENERICS CAN ENTER THE MARKET, OF PRESCRIPTIONS. LAWS. WHICH ARE OFTEN 80% CHEAPER. AMERICAN SENIOR CITIZENS ARE PERHAPS THE MOST AFFECTED BY EXPENSIVE DRUGS. 90% OF SENIORS TAKE DAILY PRESCRIPTIONS COSTING $1,500 PER YEAR. 为 力 力 力 ONE IN FOUR SENIORS SKIPS DOSES TO REDUCE THEIR COST. STUDIES SUGGEST THAT MORE THAN 25% OF DOCTORS RECEIVE MONEY FROM BIG PHARMA TO HELP MARKET THEIR DRUGS. BIG PHARMA COLLECTIVELY SPENDS MORE THAN $20 BILLION A YEAR MARKETING THEIR PATENTED DRUGS. $4.7 BILLION $12 BILLION $3.4 BILLION CONSUMER ADVERTISING 62% TV ADS SPONSORING INDUSTRY EVENTS, CONVENTIONS AND MEETINGS. 35% PRINT ADS 3% ONLINE ADS THIS GROUP IS GROWING RAPIDLY DOOR TO DOOR MARKETING TO DOCTORS OFFICES. DESPITE BIG PHARMA'S CLAIMS, MOST MONEY IS SPENT ON ADVERTISING INSTEAD OF ON R&D. IN 2008, RESEARCHERS FOUND THAT TWICE BIG PHARMA USUALLY BUYS RESEARCH DONE AS MUCH MONEY WAS SPENT ON ADS AS BY UNIVERSITIES AND BIOTECH COMPANIES R&D. INSTEAD OF PERFORMING $$ THEMSELVES. ADS R&D BIG PHARMA OFTEN EXAGGERATES A CONDITION IN ORDER TO HAVE A WIDER MARKET. OCCASIONAL INDIGESTION = GASTRO-ESOPHAGEAL REFLUX DISEASE (GERD) PMS = PREMENSTRUAL DYSPHORIC DISORDER (PDD) RESTLESSNESS = RESTLESS LEG SYNDROME PROBLEMS SPEAKING IN PUBLIC = SOCIAL ANXIETY DISORDER (SAD) (RLS) IN THE 1990S, A PROFESSOR OF STANFORD UNIVERSITY, IRVING WEISSMAN, DEVELOPED 2 TREATMENTS TO POTENTIALLY CURE DIABETES, ALONG WITH PROMISING TREATMENTS FOR LATE-STAGE BREAST CANCER AND LEUKEMIA. UnlineSchools www.OnlineSchools.org BIG PHARMA WASN'T INTERESTED. THERE'S NO MONEY IN CURING DIABETES WHEN ONGOING TREATMENT (INSULIN, METERS, TESTING STRIPS, ETC.) IS SO PROFITABLE. The Stats About PHARMACEUTICAL It probably won't shock you to learn that Americans pay some of the highest drug and health care cost in the world. This steep prescription price tag does not always buy better or higher quality drugs. Why is this? Well, Big Pharma, as large pharmaceutical companies are COMPANIES called, have run amok in America. THE REAL COST OF DRUGS: LIPITOR 20mg Consumer price (per 100 tablets): $272.37 Cost of Active Ingredients: $5.80 Markup: 4,696% XANAX 1mg Consumer price (per 100 tablets): $136.79 Cost of Active Ingredients: $0.24 Markup: 569,958% CLARITIN 1 0mg Consumer price (per 100 tablets): $215.17 Cost of Active Ingredients: $0.71 Markup: 30,300% PROZAC 20mg Consumer price (per 100 tablets): $247.47 Cost of Active Ingredients: $0.11 Markup: 224,973% PRILOSEC 20mg Consumer price (per 100 tablets): $360.97 Cost of Active Ingredients: $0.52 Markup: 69.417% ZOLOFT 50mg Consumer price (per 100 tablets): $206.87 Cost of Active Ingredients: $3.20 Markup: 11,821% THE TOP TEN BIG PHARMA COMPANIES ARE: Pfizen MERCK Johnonafohmon O NOVARTIS Astrazeneca Abbot Laboratories, S.A. Bayer gsk YAventis Roche COMBINED PROFITS OF $35.9 BILLION. IN AMERICA, THE COST OF PRESCRIPTION DRUGS RISES 12% EVERY YEAR. THAT'S ABOUT $200 BILLION EVERY YEAR. 1980 2010 3 TIMES WHAT DRUGS COST 30 YEARS AGO. MANY DRUGS APPROVED BY THE FDA ARE KNOWN AS ME-TOO DRUGS. THESE DRUGS ARE COPIES OF SUCCESSFUL EXISTING DRUGS, WITH VERY MINOR ALTERATIONS. ME-TOO DRUGS ONLY NEED TO BE SLIGHTLY MORE EFFECTIVE THAN A PLACEBO. SO WHY ARE AMERICAN PHARMACEUTICALS MORE EXPENSIVE THAN OTHER PLACES? COMPARISON OF DRUG PRICES 20 GENERIC BRAND NAME AMERICA HAS AMERICA HAS UNTIL THE PATENT ENDS, NO NO CAPS ON THE PRICE 20 YEAR PATENT GENERICS CAN ENTER THE MARKET, OF PRESCRIPTIONS. LAWS. WHICH ARE OFTEN 80% CHEAPER. AMERICAN SENIOR CITIZENS ARE PERHAPS THE MOST AFFECTED BY EXPENSIVE DRUGS. 90% OF SENIORS TAKE DAILY PRESCRIPTIONS COSTING $1,500 PER YEAR. 为 力 力 力 ONE IN FOUR SENIORS SKIPS DOSES TO REDUCE THEIR COST. STUDIES SUGGEST THAT MORE THAN 25% OF DOCTORS RECEIVE MONEY FROM BIG PHARMA TO HELP MARKET THEIR DRUGS. BIG PHARMA COLLECTIVELY SPENDS MORE THAN $20 BILLION A YEAR MARKETING THEIR PATENTED DRUGS. $4.7 BILLION $12 BILLION $3.4 BILLION CONSUMER ADVERTISING 62% TV ADS SPONSORING INDUSTRY EVENTS, CONVENTIONS AND MEETINGS. 35% PRINT ADS 3% ONLINE ADS THIS GROUP IS GROWING RAPIDLY DOOR TO DOOR MARKETING TO DOCTORS OFFICES. DESPITE BIG PHARMA'S CLAIMS, MOST MONEY IS SPENT ON ADVERTISING INSTEAD OF ON R&D. IN 2008, RESEARCHERS FOUND THAT TWICE BIG PHARMA USUALLY BUYS RESEARCH DONE AS MUCH MONEY WAS SPENT ON ADS AS BY UNIVERSITIES AND BIOTECH COMPANIES R&D. INSTEAD OF PERFORMING $$ THEMSELVES. ADS R&D BIG PHARMA OFTEN EXAGGERATES A CONDITION IN ORDER TO HAVE A WIDER MARKET. OCCASIONAL INDIGESTION = GASTRO-ESOPHAGEAL REFLUX DISEASE (GERD) PMS = PREMENSTRUAL DYSPHORIC DISORDER (PDD) RESTLESSNESS = RESTLESS LEG SYNDROME PROBLEMS SPEAKING IN PUBLIC = SOCIAL ANXIETY DISORDER (SAD) (RLS) IN THE 1990S, A PROFESSOR OF STANFORD UNIVERSITY, IRVING WEISSMAN, DEVELOPED 2 TREATMENTS TO POTENTIALLY CURE DIABETES, ALONG WITH PROMISING TREATMENTS FOR LATE-STAGE BREAST CANCER AND LEUKEMIA. UnlineSchools www.OnlineSchools.org BIG PHARMA WASN'T INTERESTED. THERE'S NO MONEY IN CURING DIABETES WHEN ONGOING TREATMENT (INSULIN, METERS, TESTING STRIPS, ETC.) IS SO PROFITABLE. The Stats About PHARMACEUTICAL It probably won't shock you to learn that Americans pay some of the highest drug and health care cost in the world. This steep prescription price tag does not always buy better or higher quality drugs. Why is this? Well, Big Pharma, as large pharmaceutical companies are COMPANIES called, have run amok in America. THE REAL COST OF DRUGS: LIPITOR 20mg Consumer price (per 100 tablets): $272.37 Cost of Active Ingredients: $5.80 Markup: 4,696% XANAX 1mg Consumer price (per 100 tablets): $136.79 Cost of Active Ingredients: $0.24 Markup: 569,958% CLARITIN 1 0mg Consumer price (per 100 tablets): $215.17 Cost of Active Ingredients: $0.71 Markup: 30,300% PROZAC 20mg Consumer price (per 100 tablets): $247.47 Cost of Active Ingredients: $0.11 Markup: 224,973% PRILOSEC 20mg Consumer price (per 100 tablets): $360.97 Cost of Active Ingredients: $0.52 Markup: 69.417% ZOLOFT 50mg Consumer price (per 100 tablets): $206.87 Cost of Active Ingredients: $3.20 Markup: 11,821% THE TOP TEN BIG PHARMA COMPANIES ARE: Pfizen MERCK Johnonafohmon O NOVARTIS Astrazeneca Abbot Laboratories, S.A. Bayer gsk YAventis Roche COMBINED PROFITS OF $35.9 BILLION. IN AMERICA, THE COST OF PRESCRIPTION DRUGS RISES 12% EVERY YEAR. THAT'S ABOUT $200 BILLION EVERY YEAR. 1980 2010 3 TIMES WHAT DRUGS COST 30 YEARS AGO. MANY DRUGS APPROVED BY THE FDA ARE KNOWN AS ME-TOO DRUGS. THESE DRUGS ARE COPIES OF SUCCESSFUL EXISTING DRUGS, WITH VERY MINOR ALTERATIONS. ME-TOO DRUGS ONLY NEED TO BE SLIGHTLY MORE EFFECTIVE THAN A PLACEBO. SO WHY ARE AMERICAN PHARMACEUTICALS MORE EXPENSIVE THAN OTHER PLACES? COMPARISON OF DRUG PRICES 20 GENERIC BRAND NAME AMERICA HAS AMERICA HAS UNTIL THE PATENT ENDS, NO NO CAPS ON THE PRICE 20 YEAR PATENT GENERICS CAN ENTER THE MARKET, OF PRESCRIPTIONS. LAWS. WHICH ARE OFTEN 80% CHEAPER. AMERICAN SENIOR CITIZENS ARE PERHAPS THE MOST AFFECTED BY EXPENSIVE DRUGS. 90% OF SENIORS TAKE DAILY PRESCRIPTIONS COSTING $1,500 PER YEAR. 为 力 力 力 ONE IN FOUR SENIORS SKIPS DOSES TO REDUCE THEIR COST. STUDIES SUGGEST THAT MORE THAN 25% OF DOCTORS RECEIVE MONEY FROM BIG PHARMA TO HELP MARKET THEIR DRUGS. BIG PHARMA COLLECTIVELY SPENDS MORE THAN $20 BILLION A YEAR MARKETING THEIR PATENTED DRUGS. $4.7 BILLION $12 BILLION $3.4 BILLION CONSUMER ADVERTISING 62% TV ADS SPONSORING INDUSTRY EVENTS, CONVENTIONS AND MEETINGS. 35% PRINT ADS 3% ONLINE ADS THIS GROUP IS GROWING RAPIDLY DOOR TO DOOR MARKETING TO DOCTORS OFFICES. DESPITE BIG PHARMA'S CLAIMS, MOST MONEY IS SPENT ON ADVERTISING INSTEAD OF ON R&D. IN 2008, RESEARCHERS FOUND THAT TWICE BIG PHARMA USUALLY BUYS RESEARCH DONE AS MUCH MONEY WAS SPENT ON ADS AS BY UNIVERSITIES AND BIOTECH COMPANIES R&D. INSTEAD OF PERFORMING $$ THEMSELVES. ADS R&D BIG PHARMA OFTEN EXAGGERATES A CONDITION IN ORDER TO HAVE A WIDER MARKET. OCCASIONAL INDIGESTION = GASTRO-ESOPHAGEAL REFLUX DISEASE (GERD) PMS = PREMENSTRUAL DYSPHORIC DISORDER (PDD) RESTLESSNESS = RESTLESS LEG SYNDROME PROBLEMS SPEAKING IN PUBLIC = SOCIAL ANXIETY DISORDER (SAD) (RLS) IN THE 1990S, A PROFESSOR OF STANFORD UNIVERSITY, IRVING WEISSMAN, DEVELOPED 2 TREATMENTS TO POTENTIALLY CURE DIABETES, ALONG WITH PROMISING TREATMENTS FOR LATE-STAGE BREAST CANCER AND LEUKEMIA. UnlineSchools www.OnlineSchools.org BIG PHARMA WASN'T INTERESTED. THERE'S NO MONEY IN CURING DIABETES WHEN ONGOING TREATMENT (INSULIN, METERS, TESTING STRIPS, ETC.) IS SO PROFITABLE.