Monday, 29 November 2004

Blockbuster Drugs

Am I the only one who thinks it strange that pharmaceutical firms make most of their money off just a handful of so-called blockbuster drugs? I used to think they had a whole array of drugs and the profits were spread more evenly among them. Funny how billions can ride on something like Vioxx. Rangel MD has a doctor's perspective on the Vioxx scandal:
There is no data and indicates that massive litigation and class action lawsuits for millions (if not billions) of dollars against the drug companies does anything to influence the drug industry to try and improve the safety of their products. All this legal action amounts to is a giant transfer of wealth for every sensationalized drug scandal that comes along without any lasting benefit.




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