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View Diary: Phrma to spend 150-200 million FOR HEALTHCARE REFORM (63 comments)

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  •  have you read how... (1+ / 0-)
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    allie123

    much the government subsidizes drug research? I have, but yo seem to think that the free market somehow funds research and development of drugs. You seem to think it is okay for companies to profit from people being ill, I don't. In the rest of the industrialized world they have a not for profit health care system why can't we? I deal with reality, and if you don't like being called an idiot don't act like one. Do some reading and actually know what the fuck you're talking about.

    a detailed study by Dr Marcia Angell, the former editor of the prestigious New England Journal of Medicine, says that only 14 per cent of their budgets go on developing drugs - usually at the uncreative final part of the drug-trail. The rest goes on marketing and profits. And even with that puny 14 per cent, drug companies squander a fortune developing "me-too" drugs - medicines that do exactly the same job as a drug that already exists, but has one molecule different, so they can take out a new patent, and receive another avalanche of profits

    "Basically, I have two speeds.... Hostile or smart-ass. Your choice."

    by jbou on Sat Aug 08, 2009 at 12:43:45 PM PDT

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