American Crossroads Attacks Harry Reid For Not Bringing Nevada Enough Stimulus

New 'breakthrough' drugs, actually account for only a small proportion of medicines produced by drug companies. The majority of drugs that the drug industry develops each year are so-called "me too" drugs -- Modified forms or new uses of existing drugs that do not provide needed medical advances.

http://www.cbo.gov/ftpdocs/76xx/doc7615/10-02-DrugR-D.pdf



Pharmaceutical companies have been developing more drugs for profit than for need.



According to the GAO, "Over the past 10 years, the trend in the pharmaceutical industry has been to focus on developing drugs that produce a high return on investment, which has reduced the numbers and types of drugs produced."



The GAO report further noted that "companies frequently choose to stop developing drugs that do not offer the same revenue-generating potential as blockbuster drugs, even though they could be highly innovative and offer therapeutic advances."



http://www.gao.gov/new.items/d0749.pdf



PhRma spends nearly half of their revenues on ads. Unnecessary, wasteful drug advertising to laypeople. Drugs for esoteric syndromes ("restless leg") that pharmaceutical corporations crown "diseases" to take drugs for. If they even have the syndrome, their doctors will know the appropriate treatment and right medication for them.



Often, a symptom doesn't become a disease until a drug is discovered for it.



http://www.insurancecompanyrules.org/blog/entry/big_phrma_crying_wolf_again/
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