Drug companies spend nearly double on marketing compared with research: study

[populistdriven]

Does anyone doubt that "This is a Corporatist Nation"?

The Neocon's capitalism run-amok experiment is ruining the US

Mods: Repost since this got completely overlooked in State & Country Forums » Canada
http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=190&topic_id=23412

Canadianpress


~snip~

"This goes back to commissions of inquiry that were held in Canada and the United States in the 1950s," he said.

In the late 1950s, then-Democratic Senator Estes Kefauver launched a public review of the business dealings of the prescription drug industry through the U.S. Senate's anti-trust and monopoly subcommittee.

The senator accused the industry of predatory pricing, extravagant cost increases brought on by excessive marketing and selling new products that were no more effective than drugs already widely established on the market.

The issue was studied in depth again in the 1960s and 80s.

However, there hasn't been a comprehensive study of drug industry profits and spending in more than a decade, giving governments very little new information on research spending.

~snip~



SOURCE http://canadianpress.google.com/article/ALeqM5gZnWB_b33DySVzhz2Pv82zF1cBxA



we have industries that are essential to the health of Americans that are being milked to death by profiteers. We need government-funded studies and regulation as soon as possible.

It will take at least twelve consecutive years of Democratic rule to repair the Neocon's damage to the US

[msongs]

1. a Frontline show on PBS a year ago or so showed research/advertising were abotut the same

and questioned the tax breaks the pills industry got for advertising, plus other issues

Msongs