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NaturalPedia > Drug Pricing
Quotes about Drug Pricing from the world's top natural health / natural living authors
"This was when investigators uncovered a Machiavellian substructure to Italy's formal drug pricing and approval systems. Revelations from one of the main players in the intrigue, Professor Duilio Poggiolini, set off a chain reaction, which saw the resignation of a health minister, the suicide of a member of the drug pricing committee, and the dissolution of both the pricing and approvals committees.
Poggiolini had been head of both the Italian medicines directorate and the main European decision-making body for medicines, the CPMP (Committee for Proprietary and Medicinal Products)." - Jacky Law, Big Pharma: Exposing the Global Healthcare Agenda (Get the book.)
| "In summary, the net effect of this is:
Cost for
Name of Drug
What it treats
1-vear supplv
Lipitor
Cholesterol control
$871
Novasc
A calcium channel blocker
$549
Fosamax
Bone density
$894
Prilosec (20 mg)
Anti-ulcer
$1,684
Celebrex
Rheumatoid Arthritis
$2,10279
In addition, here are some more facts:
FACT: The average American over the age of 75 takes more than 11 drugs.
FACT: More and more potential new drugs are in development for the elderly.
FACT: Primary Care Physicians account for 53% of the prescription." - Kenneth W Thomas, Ron Gilbert, Gerd Schaller, Side Effects: The Hidden Agenda of the Pharmaceutical Drug Cartel (Get the book.)
| "Later in 2005 the Justice Department announced that Glaxo had paid "over $150 million to resolve allegations that the company violated the False Claims Act through fraudulent drug pricing and marketing."25
Lets stop for a second and imagine that GlaxoSmithKline was a private individual—and that Mr. Glaxo was accused of owing huge taxes around the world, had paid many large fines and even had to sign an integrity agreement and a consent decree, and responded by saying "I'm no mother Teresa"; how would we view such a person, in light of all this information?" - Peter Rost, The Whistleblower: Confessions of a Healthcare Hitman (Get the book.)
"Based on that complaint, in 2003 AstraZeneca pleaded guilty to healthcare crimes and agreed to pay $355 million to resolve criminal charges and civil liabilities in connection with its drug pricing and marketing practices with regard to Zoladex, a drug sold for the treatment of prostate cancer. Of this amount, $266 million was recovered under the False Claims Act, and the remainder was levied as criminal fines."
- Peter Rost, The Whistleblower: Confessions of a Healthcare Hitman (Get the book.)
"In 2001, after a former TAP vice president of sales filed a False Claims Act complaint against the company, they agreed to pay $875 million to resolve criminal charges and civil liabilities in connection with their fraudulent drug pricing and marketing conduct of Lupron. This is a drug sold primarily for treatment of advanced prostate cancer. TAP agreed to plead guilty to a conspiracy to violate the Prescription Drug Marketing Act which included a $290-million criminal fine, the largest criminal fine ever in a health-care fraud prosecution."
- Peter Rost, The Whistleblower: Confessions of a Healthcare Hitman (Get the book.)
| "Again, one finds public opinion, in almost total denial of the politics behind drug pricing, urging greater spending. 'Many doctors see the need for an intelligent debate about what should be affordable within the NHS,' the Observer says in its editorial columns. 'Cancer drugs form part of that debate and there is no doubt that we significantly underspend on them.'23
The column developed its argument on grounds that tell only part of the picture. 'Some £380 million a year is currently spent on cancer drugs [in the NHS],' it went on. " - Jacky Law, Big Pharma: Exposing the Global Healthcare Agenda (Get the book.)
"Revelations from one of the main players in the intrigue, Professor Duilio Poggiolini, set off a chain reaction, which saw the resignation of a health minister, the suicide of a member of the drug pricing committee, and the dissolution of both the pricing and approvals committees.
Poggiolini had been head of both the Italian medicines directorate and the main European decision-making body for medicines, the CPMP (Committee for Proprietary and Medicinal Products)."
- Jacky Law, Big Pharma: Exposing the Global Healthcare Agenda (Get the book.)
"Pharma's books should be open to the public because of the preferential tax breaks research attracts and the importance of its products to public health.
• drug pricing should not only be transparent but reasonable and as uniform as possible for all purchasers.
She is the first to admit it is little more than a wish list. And despite moves being swiftly taken in the wake of the Vioxx withdrawal — on both sides of the Atlantic - to restore public faith in medicines, none of Angell's specific proposals have seen the light of day."
- Jacky Law, Big Pharma: Exposing the Global Healthcare Agenda (Get the book.)
| "When Canadian regulatory agencies looked to be clamping down on drug pricing, Holmer commissioned a special advertising and lobbying budget, targeted, it said, at nothing less than "changing the Canadian health care system." Even old pharma hands thought that was over the top. "Can you believe that?" said one of Pfizer's former lobbyists. "I would be embarrassed at that."
But shame, like equanimity, sincerity, and moderation, is not part of national political culture now, and whether one can blame Bill Clinton or George W. Bush remains unclear." - Greg Critser, Generation Rx: How Prescription Drugs are Altering American Lives, Minds, and Bodies (Get the book.)
| "Defrauds states and the federal government of hundreds of millions of dollars due to "price fixing" and monopoly drug pricing enforced by the FDA.
Distorts science to create any outcome desired through fraudulent clinical trials and cherry-picking trial results.
JAMA says doctors should stop accepting bribes from drug companies
The Journal of the American Medical Association is rocking the boat in conventional medicine. An article in JAMA has come up with the suggestion—that doctors should stop accepting bribes from drug companies." - Mike Adams, Natural Health Solutions (Get the book.)
| "During 2000, Medicare prompted a congressional inquiry into drug pricing that affected Medicare and Medicaid costs. The focus was on cancer drugs that are administered in a doctor's office because they must be given intravenously rather than orally. The investigators noted that drug companies sometimes raise prices over those of their competition, increasing the spread between an oncologist's discount price and the reimbursement from Medicare." - Richard A. Deyo M.D. M.P.H., Donald L. Patrick, Hope or Hype: The Obsession with Medical Advances and the High Cost of False Promises (Get the book.)
"Again, Medicare drug benefit plans, patents, and drug pricing.9
Who were these lobbyists? You may be surprised at how many of their names you recognize. Many of them were former politicians who are influential and well connected in the halls of Congress. They include former Senators Connie Mack (R-Florida) and Birch Bayh (D-Indiana). PhRMA employed former Democratic Representative Vic Fazio of California. Pfizer hired former Democratic Senator Dennis DiConcini of Arizona and former Republican Representative Norman Lent of New York, as well as Orrin Hatch's son Scott."
- Richard A. Deyo M.D. M.P.H., Donald L. Patrick, Hope or Hype: The Obsession with Medical Advances and the High Cost of False Promises (Get the book.)
| "And I see no reason why he should even have been discussing drug pricing in his official capacity, since it is not within the FDA's purview. In early 2004, Dr. McClellan was moved to an even bigger job in the Bush administration—head of the Centers for Medicare & Medicaid Services.
I do not want to seem overly critical of the Food and Drug Administration. It performs a vital function, and it is staffed with many conscientious public servants and excellent scientists who are trying their best to do their jobs." - Marcia Angell, M.D., The Truth About the Drug Companies: How They Deceive Us and What to Do About It (Get the book.)
"The truth is that there is no particular reason to think that R&D costs, no matter what they are, have anything to do with drug pricing. The irrepressibly candid Mr. Gilmartin, president and CEO of Merck, seemed to acknowledge that. Referring to the $802 million per drug estimate, he remarked, "The price of medicines isn't determined by their research costs. Instead, it is determined by their value in preventing and treating disease."
- Marcia Angell, M.D., The Truth About the Drug Companies: How They Deceive Us and What to Do About It (Get the book.)
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