Casual Articles - Drug Company Secrets Exposed: The Real Reasons We Pay More for Our Rx

Drug companies claim that the reason for high drug prices is to compensate for the high cost of research and development. The drug companies allege that the cost of a drug from concept to delivery to the consumer is $800 million. In the book The Truth About the Drug Companies, the author Dr. Marcia Angell explains, “when the industry claims to have spent $26 billion on research and development and ninety-eight drugs are produced, the average pre-tax cost for each drug was, under those assumptions, no greater than $265 million , and the after tax cost are about $175 million. (R&D is tax deductible)”

But this is not the biggest part of the whole sham. What will really get your attention is the number of innovative drugs actually being produced. Research and Development is only 11% of sales where as marketing is 36%. In 2002, seventy-eight new drugs were approved by the FDA. Of those, only seventeen were deemed by the FDA to have new active ingredients, and only seven were found to be improvements over the older drugs. On top of that, of the seven drugs found to be an improvement, not one of them came from America. Skin Allergies and Cosmetics
Practically anything may cause an allergic reaction in someone. The ingredient that is an irritant to you personally may be completely harmless to others. It may be in the food you eat, the clothing fibers you are wearing, the pollen of flowers carried on the wind, in the fur of your favorite domestic cat. It may be in the deodorant you are using, or the depilatory, or in any one of your hair preparations.There is no acco are more worried about protecting there existing “money making” drugs rather than creating new innovative ones.

Drug companies claim that the reason for high drug prices is to compensate for the high cost of research and development. The drug companies allege that the cost of a drug from concept to delivery to the consumer is $800 million. In the book The Truth About the Drug Companies, the author Dr. Marcia Angell explains, “when the industry claims to have spent $26 billion on research and development and ninety-eight drugs are produced, the average pre-tax cost for each drug was, under those assumptions, no greater than $265 million , and the after tax cost are about $175 million. (R&D is tax deductible)”

But this is not the biggest part of the whole sham. What will really get your attention is the number of innovative drugs actually being produced. Research and Development is only 11% of sales where as marketing is 36%. In 2002, seventy-eight new drugs were approved by the FDA. Of those, only seventeen were deemed by the FDA to have new active ingredients, and only seven were found to be improvements over the older drugs. On top of that, of the seven drugs found to be an improvement, not one of them came from America. Auto Loans after Bankruptcy - Should You Finance a New or Used Car?
Deciding whether to purchase a new or used car is a big decision, especially if you have just filed a recent bankruptcy. Of course, the decision is largely based on how bad you need a vehicle. There are valid reasons for financing a new or used car after bankruptcy. On the other hand, there are also numerous reasons to delay the car buying process. Before applying for an auto loan, carefully consider whether now’s the r to the consumer is $800 million. In the book The Truth About the Drug Companies, the author Dr. Marcia Angell explains, “when the industry claims to have spent $26 billion on research and development and ninety-eight drugs are produced, the average pre-tax cost for each drug was, under those assumptions, no greater than $265 million , and the after tax cost are about $175 million. (R&D is tax deductible)”

But this is not the biggest part of the whole sham. What will really get your attention is the number of innovative drugs actually being produced. Research and Development is only 11% of sales where as marketing is 36%. In 2002, seventy-eight new drugs were approved by the FDA. Of those, only seventeen were deemed by the FDA to have new active ingredients, and only seven were found to be improvements over the older drugs. On top of that, of the seven drugs found to be an improvement, not one of them came from America. Allicin the Heart of Garlic
This is an extremely advantageous and effective combination. With the news reporting the inability of antibiotics to combat infections, such as MSRA, and fears of viruses like bird flu, this is also a timely combination.Oregano, like many herbs, is a common item in the kitchen and seemingly a simple herb. What is surprising is the medicinal value of some of these common and “simple” herbs.Research on Oregano has been ter than $265 million , and the after tax cost are about $175 million. (R&D is tax deductible)”

But this is not the biggest part of the whole sham. What will really get your attention is the number of innovative drugs actually being produced. Research and Development is only 11% of sales where as marketing is 36%. In 2002, seventy-eight new drugs were approved by the FDA. Of those, only seventeen were deemed by the FDA to have new active ingredients, and only seven were found to be improvements over the older drugs. On top of that, of the seven drugs found to be an improvement, not one of them came from America. Stop Debt Collection Harassment
Everyone should know their rights when it comes to debt collectors harassment.There are several steps you can take to stop a harassing creditor. Creditors must abide by several federal laws in the attempt to collect debts.Sometimes these collectors will cross the line in their attempts to contact you.They are not allowed to contact you before 8 A.M. of after 9 P.M.Collectors may not contact you at work iis 36%. In 2002, seventy-eight new drugs were approved by the FDA. Of those, only seventeen were deemed by the FDA to have new active ingredients, and only seven were found to be improvements over the older drugs. On top of that, of the seven drugs found to be an improvement, not one of them came from America.

The truth is, what the drug companies are spending all their time and marketing on is the same drugs we have had for the last 20 years. More than 77 percent of drugs put out by drug companies each year are re-released versions of an old drug with better marketing behind it. Drug companies are more worried about there patents expiring than they are about making innovative drugs.

Patents allow drug companies exclusive rights to charge whatever they want while the patent is active. When the patent expires, other companies can begin to make generics of the formerly patented drug which drives the price down. So what the drug companies do is use the exact same drug, test it with the FDA for a slightly different use, slap a “new and improved” label on it, switch their marketing to the new product that holds the new patent, and call it a day. For example, Schering-Plough’s patent on its money drug Claritin was about to run out. So they retested the same drug with the FDA for indoor allergy relief as well as seasonal allergy relief and called it Clarinex. They then launched a huge promotional campaign to switch users from Claritin to Clarinex because it was an improvement over the existing drug even though it is exactly the same. It was

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