Hippocratic Oath has been shoved under the mat? |
The oath is believed to have been written by ancient Greek Philsopher Hippocrates and dates back to 5th Century BC. When translated notable parts include to, “keep patients from harm and injustice”, and to practice medicine in both “purity and holiness”.
But are they keeping that Oath?
Undoubtedly there are more doctors who care about the quality of patient care over personal profit, but what about the professionals who are willing to take bribes to endorse a product?
In-between doctors and pharmaceutical companies are the little-known championers of the pharmaceutical industry- the drug reps.
According to Glassdoor the average Pharma sales rep made more than $80,000 last year while the average biotech rep pulled in $152,000 dollars a year- 6 times more than the average American citizen.
Pharma representatives rarely have any formal education in science with the majority holding a BA in the liberal arts or business.
A former rep for Eli Lily revealed that he was the only member of his team with a background in science, and that the majority of his coworkers were “former cheerleaders and ex-models”.
Base salaries begin at $60,000 for new reps and $150,000 for a seasoned biotech representative- but perks don’t stop there. Johnson & Johnson’s reps celebrated on internet forumswhen they were given a chance to partake in a new fleet of Audi A3’s, with a MSRP of over $27,000.
With commission ranging from 10-15%, a company car, free gas and bank account the job is undeniably sexy, but pharma reps aren’t the only ones who are benefitting from Big Pharma’s generosity.
Doctors who endorse their products routinely receive gifts as well. Medical giant Medtronic shocked the media when it was discovered they had bribed a team of 13 doctors $210 million over the course of 15 years to post favorable studies of the off-label use of their INFUSE bone graft.
Many patients who received the bone grafts became paralyzed or died from complications stemming from the uncontrollable bone growth.
Consequently large drug companies have grown "wealthy beyond imagination" through blockbuster drugs that depended on government-funded research—and by committing fraud.
Elisabeth Warren, a Democratic Senator recently noted that over the past 10 years, some of the US's wealthiest drug companies—those that capitalize on government research to generate billions of dollars in revenues through the sale of blockbuster drugs—have found another way to boost profits".
Warren said, in a prepared text of her speech at an event sponsored by the health care advocacy group Families USA. "They've been caught defrauding Medicare and Medicaid, withholding critical safety information about their drugs, marketing their drugs for uses that aren't approved, and giving doctors kickbacks for writing prescriptions for their drugs."
Democrats have largely laid off the pharmaceutical industry since the legislative debate over the Affordable Care Act, when drugmakers agreed to support the bill as long as it didn't include certain policies. And Warren—whose home state is home to several large drug companies—praised the industry's scientific advances.
But, said Warren, drug companies paid roughly $13 billion in settlements with the federal government
between 2007 and 2012. "That doesn't happen without serious wrongdoing."
After 1978 Bayer (a German Company) and other pharmaceutical companies produced Factor VIII and IX.
The product was designed for hemophiliacs, people who suffer from a genetic disorder whose blood can not clot to stave bleeding. As a result, even a minor cut could cause them to bleed out and lose dangerous levels of blood. Factor VII is harvested from the blood plasma of non-hemophiliacs, but to purportedly to cut costs Bayer harvested blood from pools of “high risk” individuals.
This included: prison populations, intravenous drug users and blood from clinics with a large amount of homosexual donors. Federal law also forbids the use of blood from an individual with a history of viral hepatitis- but Bayer and other companies failed to enact strict prerequisites for blood farming. As a result, thousands of hemophiliacs died from the HIV- tainted blood plasma.
Senator Warren said, "it seems that the biggest drug companies are increasingly playing by a different set of rules than everyone else," Warren said. "The government has kicked thousands of small and medium-sized physician practices out of the Medicare program for fraud, but not one of these major drug companies has ever been kicked out. The government convicts hundreds of people of health care fraud every year, but not one of these major drug company cases has even gone to trial."
Warren in a bill proposed to the Senate wants pharmaceutical companies to fund more of the basic research conducted by the National Institutes of Health. Many blockbuster drugs do stem, at least in part, from NIH research.
Under Warren's proposal, "the biggest and most successful drug companies" would have to contribute to the NIH's budget whenever they settle criminal accusations with the federal government. In addition to the fines that companies already pay, they would have to contribute 1 percent of their annual profits to the NIH for five years.
"It's like a swear jar: Whenever a huge drug company that is generating enormous profits as a result of federal research investments gets caught breaking the law—and wants off the hook—it has to put some money in the jar to help fund the next generation of medical research," Warren said.
If such a policy had been in place over the past five years, NIH would have seen a budget bump of about $6 billion—or 20 percent—per year, she said.
In the meantime, however, in the US, the boundaries between the drug companies, FDA, and doctors have became increasingly blurred. FDA officials sometimes move to jobs in the pharmaceutical industry, which means they may not want to burn their bridges with industry.
The same FDA officials who approve the drugs are responsible for monitoring them after they are on the market, which gives them an obvious disincentive to say that the drugs they earlier certified as safe were now unsafe.
Finally, the FDA gets input from outside advisory panels made up of doctors who are experts in their fields. Most of these doctors receive payments as consultants, research grants and support for travel to conferences from drug companies.
In some cases, the doctors are working as paid consultants to the same companies whose drugs are coming up for approval by their advisory committees.
The US is the only country in the world where you can turn on the TV and have an announcer tell you to go ‘ask your doctor’ for a drug.
Doctors often will give medications to patients even if they don’t think they need it. For example, one study showed that 54% of the time doctors will prescribe a specific brand and type of medication if patients ask for it.
Drugs on the average cost twice as much in the US than in Canada or Europe . US Dr's also prescribe more drugs to their "patients" than any other nation in the world
The argument drug manufacturers make for the high cost of their products is that the money supports research and development of new life-saving medicine. And they also say that expensive advertising is needed not to sell drugs, but to educate doctors and patients. Indeed, a whopping 80% of their budgets is used for marketing and advertising, certainly not education.
Some things definitely are broken and need fixing in the US Pharmaceutical and Medical Industry.
A Special EU-Digest Report
No comments:
Post a Comment