In a well thought out article, Robert Bazell, Chief science and health correspondent for NBC News, writes about the ridiculous and scandalous way drug companies are ripping us off. In this case he uses the example of the drug Nexium, that purple pill and how little of a difference there is between it and Prilosec a drug from the same company but costing 7 times more!
Remarkably, the FDA approved Nexium even though it was only proven to be 3% better than its predecessor which is virtually identical except for a minor difference which allowed it to be patentable. This was purely a money-making ploy and had nothing to do with helping patients. The cost to us? Since seven million people use Nexium which costs $200 per month and Prilosec costs $30 that comes out to a waste of $1.19 billion a year. That is an out and out theft. Multiply this by 20 drugs and you can see the enormous amount of money being made with little benefit to any of us.
So how did they do it? By spending up to $16 million a month on advertising. Don’t think advertising works? In this case, there is clear evidence that pharmaceutical advertising drives physician’s prescription. How else can you explain the use of a far more expensive drug with limited benefits over a cheaper generic? You can’t and it is an abomination. Congress needs to jump on this and stop pharmaceutical advertising to patients. It is a rip off of unprecedented magnitude. We need to reel in our health care costs and this is one way to do it. The other thing that needs fixing is the approval process in the FDA. Why approve this drug at all when no benefit to human health is seen? Make them improve the drugs not just change something minor and rip people off again.
Better yet, look into nutritional and alternative means of controlling heartburn and you will save so much more than money. You will avoid all those side-effects from the drugs and needing treatment for them as well.
In another article written by the same author, he seems stunned that Lipitor’s maker Pfizer drags out Dr. Richard Jarvik who in Mr. Bazell’s words asks the question, “Would you buy a heart medication from someone whose own efforts to cure heart disease led to failure?” Do people realize this man never practiced medicine and his claim to fame, the Jarvik Heart was actually based on work by the famous ventriloquist Paul Winchell. It was considered a barbaric medical device that caused pain and suffering to whomever it was tried on. This is who Pfizer hires to push its drug which by the way losses its patent protection in 2010. Wonder what crap they will roll out to replace it.