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US drug production expensive and not innovative
beanz
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3
9-6-2009 9:40 AM
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pharmaceuticals
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/65af0241-d1b5-446e-8b58-54c6a77e5b08/A64723D3-B112-462B-A5BB-C8524B2F0ADE/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.philly.com/philly/business/20090906_PhillyDeals__Analysis__U_S__drug_development_inefficient.html" href="http://www.philly.com/philly/business/20090906_PhillyDeals__Analysis__U_S__drug_development_inefficient.html" style="font-size: 11px;">www.philly.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.philly.com/philly/business/20090906_PhillyDeals__Analysis__U_S__drug_development_inefficient.html"><H1>PhillyDeals: Analysis: U.S. drug development inefficient</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.philly.com/philly/business/20090906_PhillyDeals__Analysis__U_S__drug_development_inefficient.html">Anyone happy that one-sixth of the national income is gobbled up by health-care companies?</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.philly.com/philly/business/20090906_PhillyDeals__Analysis__U_S__drug_development_inefficient.html"><P> Sure. Ask the people who own them.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.philly.com/philly/business/20090906_PhillyDeals__Analysis__U_S__drug_development_inefficient.html"><P> That's conventional wisdom - that "most new drugs that are discovered are better than existing drugs, and most come from the United States" - but it's wrong, says <B>Donald W. Light</B>, professor of social medicine at the <B>University of Medicine and Dentistry of New Jersey</B> and a visiting professor this fall at <B>Stanford University</B>.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.philly.com/philly/business/20090906_PhillyDeals__Analysis__U_S__drug_development_inefficient.html"><P> Writing in the journal Health Affairs last month, Light "re-analyzed" data from an influential study comparing drugs developed by U.S.- and Europe-based pharmaceutical companies from 1982 to 2003.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.philly.com/philly/business/20090906_PhillyDeals__Analysis__U_S__drug_development_inefficient.html"> By Light's count, "only about one in seven new drugs are better than existing drugs." The others are sold for mere business reasons.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.philly.com/philly/business/20090906_PhillyDeals__Analysis__U_S__drug_development_inefficient.html">The American policy that allows corporate-controlled prices, I don't see how that increases innovation," he told me. "It just means you pay more."</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A64723D3-B112-462B-A5BB-C8524B2F0ADE/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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