The researchers’ estimate is based on the systematic collection of data directly from the industry and doctors during 2004, which shows the U.S. pharmaceutical industry spent 24.4% of the sales dollar on promotion, versus 13.4% for research and development, as a percentage of US domestic sales of US$235.4 billion.posted by mullingitover at 8:40 AM on October 27, 2009 [8 favorites]
... First, research and development (R&D) is a relatively small part of the budgets of the big drug companies—dwarfed by their vast expenditures on marketing and administration, and smaller even than profits. ...and
Over the past two decades the pharmaceutical industry has moved very far from its original high purpose of discovering and producing useful new drugs. Now primarily a marketing machine to sell drugs of dubious benefit, this industry uses its wealth and power to co-opt every institution that might stand in its way, including the US Congress, the FDA, academic medical centers, and the medical profession itself.marketing drugs directly to the consumer falls just short of travesty, in my book. yes, i agree that consumers have the right to make informed decisions regarding their own health & well-being; no, i do not consider marketing = informed decisions.
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- Because R&D and testing is expensive. This is, however, as it should be, because putting unproven drugs on the market costs society a lot more.
- Yes.
- Yes, by and large they're chemically identical.
- Probably, if it was put on the market more than a decade ago.
- Talk to your doctor about contraindications.
- No, for two reasons. One, many medicines do become less effectual over time and two, because if you have a bunch of it lying around it probably means you didn't finish your prescribed program of medication the last time, which is also really bad. Go talk to your doctor.
Wait, this isn't AskMefi. What's all this about?
posted by mhoye at 8:21 AM on October 27, 2009 [6 favorites]