Hi NHE,
for anything below that is written it is not a response to your mail.
Please do not take offence as it is not an attack on your post in fact i thought it was very interesting and i plan to read the book. There are two sides to every story.
I just thought...
I read a lot about how bad the drug companies are and how their costs are so high etc.. but i have never ever read anything good about them. That seems a little unfair to me... I feel as if I have to put up some kind of defence here...
OK so I work for a Blue chip pharma company, in drug research, but i still have MS and i still suffer.
My experience is that the pharma companies are a business, they owe us nothing really... they are out to make money.. Mars bars have increased in price over the years..... Poor comparison I know but the principle is there.
What would happen without the pharma companies?? there would be no research into new drugs cause there wouldnt be enough money if we all paid peanuts for the drugs we need..
The effort that goes into developing a new drug is incredible. No government funded incentive would be able to continue their work!
My work involves the safety of these drugs... we start with millions and narrow it down to 20-30, then to four or five, then to two then the drug itself... what we are paying for is the investment required to produce and research the million compounds that have the potential to cure... Every day we get rid of many many compounds.. this process takes over ten years.. think about the salaries, the scientific equipment, the raw materials.. its costly stuff - just to make one drug.
This is what we pay for.. it may seem like a high price to pay.. We pay the cost of all the work performed on the unsafe drugs that we removed from the testing process, people forget that there are cost associated with these...
The MDs get their extortionate bonuses that make us all sick with envy.. and blargh blarg... but isnt it worth it just for the one thing that would make our lives a bit easier? They have to make their money after all or they wouldnt do it....
Now I am not saying that there isnt corruption cause im sure there is, but without these pharma companies where would we be... dead with somekind of childhood illness? (dramatic I know)
The most important thing really is without the pharma companies.. who the hell would pay my wages...
(I would love to tell you that my wages increase whenever they increase a drug price.. but that not true.. I earn the same regardless.. shame really !!!)