Friday, April 18, 2008

Shocking Facts About the Pharmaceutical Industry

This makes me sick!

The price of drugs is increasing faster than anything else a patient pays for: The prices of the most heavily prescribed drugs are routinely jacked up, sometimes several times a year. Some medications have a mark-up of 1,000 percent over the cost of their ingredients.

Your doctor may have an ulterior motive behind your prescription: Drug reps often give gifts to convince doctors to prescribe the medications that they represent. These drug reps usually have no medical or science education.

Pharmaceutical companies spend more on marketing than research
Guilty of Medicare fraud
Americans pay more for prescription meds than anyone else in the world
"New" Drugs aren't really new

Drug companies are taking advantage of underdeveloped countries to perform clinical trials: In developing countries, government oversight is more lax.

For more shocking facts, click the link below.

  • Nursing Online Education Database March 27, 2008
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