How Pharmaceutical Companies Operate

OP’s link has sentence, ‘The feds were stunned to find out Rx companies were offering bribes to physicians to push their drugs.

I was stunned to find out that the feds had once again ‘forgotten’ the illegal behavior of drug companies.

https://www.getreskilled.com/pharmaceutical-companies/

Take a look at the revenue of the drug companies. They, like the drug cartels, have difficult in hiding the amount of money they ‘earn’ (?) ‘

2. Also, one of my pet peeves is the monies in reelection funds of politicians: take a goggle.
Especially, your state elections.
 
The drug companies have been "bribing" doctors and politicians for years. A website called Propublica has been tracking the payoffs to doctors for several years, and the "bribes" often range into millions of dollars. The same goes for politicians...the Vote Smart site tracks those who "buy" our politicians, and drug companies rank right up there among the leaders.

Then, there are the endless "Ask your Doctor" TV ads. The drug companies spend billions/yr on these commercials, and you can Guess Who ultimately pays for this TV trash. The U.S. and New Zealand are the only nations which still allow this Propaganda to be broadcasted.

If it weren't for the "under the table" money the drug companies spend, drug prices in the US would probably be about half of what they currently are.....AND, if people took better care of their health, 75% of these drugs would Not be needed.
 

Veering OP's topic a bit
Goggled the amounts various amounts that nations have 'made available' to pharmaceutical companies to search for a vaccine for covis 19
The drug company that discovers a vaccine will be in a position to earn 'trillions,'
not billions.

I may be mistaken, perhaps the drug companies will make the vaccine available
at humanitarian cost, earing only 100-200 billion.
 
It's the same in Britain. I presume doctors have shares in the drug companies, which is why you get prescribed medicines when often a change in diet/lifestyle would be more appropriate.
Another area to consider is research into various conditions, cancer etc. They are always begging for funds, yet all you are doing is keeping them employed. It isn't in their interests to find cures!
 
I can remember when record companies got caught paying DJ’s to play their label more often than others. Members of Congress get paid by lobbyists. Some grocery stores get paid to promote a brand of a product ahead of another brand name. I can also attest to the fact that banks used to pay the dealership a kick-back fee for sending them a customer’s financing. Movie stars have a clause in their contract that states they get paid ‘x’ amount every time one of their movies are shown on TV.

And, around and around it goes. Someone is always paying someone else just to get an edge.

I know politics here are not allowed, so I will just say that there is a lot of money exchanging hands in the political world. It used to be that people wanted to win an election to actually help the people. Then, something changed. When people got elected, they enjoyed the power that came with the job. Then, something changed again. The people that were elected found out that a lot of money could be made in politics, if you voted on bills the way someone asked you to. Power and money are the devil’s tools and a powerful euphoria.
 
jerry old said:
OP’s link has sentence, ‘The feds were stunned to find out Rx companies were offering bribes to physicians to push their drugs.

I was stunned to find out that the feds had once again ‘forgotten’ the illegal behavior of drug companies.

https://www.getreskilled.com/pharmaceutical-companies/

Take a look at the revenue of the drug companies. They, like the drug cartels, have difficult in hiding the amount of money they ‘earn’ (?) ‘

2. Also, one of my pet peeves is the monies in reelection funds of politicians: take a goggle.
Especially, your state elections.
Click to expand...
Yeah, I got a chuckle out of that "Feds were stunned," too at something so old & obvious.
It reminded me of a line from Jay Leno's monologue around the time of the Jon Benet Ramsey murder.
"A news reporter asked the police chief: "Any new information about the Jon Benet Ramsey murder?"
The police chief asked, "There was a murder?"
 
win231 said:
Yeah, I got a chuckle out of that "Feds were stunned," too at something so old & obvious.
It reminded me of a line from Jay Leno's monologue around the time of the Jon Benet Ramsey murder.
"A news reporter asked the police chief: "Any new information about the Jon Benet Ramsey murder?"
The police chief asked, "There was a murder?"
Click to expand...
The JonBenet case is still open. No one has a clue about who did what. There is a lot of speculation, but no evidence.
 
Rosemarie said:
It's the same in Britain. I presume doctors have shares in the drug companies, which is why you get prescribed medicines when often a change in diet/lifestyle would be more appropriate.
Another area to consider is research into various conditions, cancer etc. They are always begging for funds, yet all you are doing is keeping them employed. It isn't in their interests to find cures!
Click to expand...
There is an element of truth in everything you say, but as someone who worked for a very large, multinational pharmaceutical company, there are things to say in their defence too. Yes their sales force were charged with promoting the company's drugs, and in doing so they knew before meeting a doctor, or visiting their surgery, whether they were prescribing the company's drugs or not, so could target the ones not doing so. They could exert pressure therefore without making corrupt and unethical payments to doctors.
However, the vast body of knowledge they built up developing drugs or other treatments was impressive and unquestionable. That costs huge sums of money, and if you want drug development, for example to treat what we're once thought of as incurable childhood cancers, someone has to pay to fund that, or justify the research to share holders.
 
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This extract chaps my bottom to the nth!

"None of the doctors were identified by the government".

Tells me everything I need to know.
 
grahamg said:
There is an element of truth in everything you say, but as someone who worked for a very large, multinational pharmaceutical company, there are things to say in their defence too. Yes their sales force were charged with promoting the company's drugs, and in doing so they knew before meeting a doctor, or visiting their surgery, whether they were prescribing the company's drugs or not, so could target the ones not doing so. They could exert pressure therefore without making corrupt and unethical payments to doctors.
However, the vast body of knowledge they built up developing drugs or other treatments was impressive and unquestionable. That costs huge sums of money, and if you want drug development, for example to treat what we're once thought of as incurable childhood cancers, someone has to pay to fund that, or justify the research to share holders.
Click to expand...
Thanks for that. I think it would make more sense to do research into the causes of diseases. We seem to have more illness now than in the past, caused mainly by pollution and chemicals, I would guess.
 
Rosemarie said:
Thanks for that. I think it would make more sense to do research into the causes of diseases. We seem to have more illness now than in the past, caused mainly by pollution and chemicals, I would guess.
Click to expand...
They certainly do that I have to tell you. Every year the company I worked for published a Pharmacopoeia containing a huge number of research papers, and the doctors, or professors contributing alone or in collaboration you could say, had put their whole lives into the work presented. Einstein said the value of research uncovering novel data or knowledge was worth all the knowledge existing in the world to that point, because it moved mankind forward by the achievement. I once attended a lecture given by a professor from Manchester university, in collaboration with our pharmaceutical company, and he was able to declare, "no one has ever seen that disease change he'd identified, anywhere in the world before".
We should remember cancer therapies when I was a young man, and an aunt and uncle of mine both died at fifty years of age, cancer was seen as a fearful incurable curse as much as anything else, and psychologically it was horrendous, (the daughter in law of my aunt did not dare allow her children to see their grandmother towards the end, so afraid of them catching it was she). :unsure: .
 
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Thank you for that information, grahamg. There is certainly a genetic element to cancer, and it is something which has been around for a very long time.
I find it interesting that the Old Testament contains a great deal of good advice when it comes to health matters.
 
jerry old said:
OP’s link has sentence, ‘The feds were stunned to find out Rx companies were offering bribes to physicians to push their drugs.

I was stunned to find out that the feds had once again ‘forgotten’ the illegal behavior of drug companies.

...
Click to expand...

They're paid handsomely to 'forget'. Big Pharma pays out the most lobbying dollars to the US Congress than any other industry ...even beating out oil and gas. And that's the payoffs we know about, so lord knows how much they're paying in bribes.
 
911 said:
...

I know politics here are not allowed, so I will just say that there is a lot of money exchanging hands in the political world. It used to be that people wanted to win an election to actually help the people. Then, something changed. When people got elected, they enjoyed the power that came with the job. Then, something changed again. The people that were elected found out that a lot of money could be made in politics, if you voted on bills the way someone asked you to. Power and money are the devil’s tools and a powerful euphoria.
Click to expand...

Not a mod, but I don't think what you posted violated the rules because it's in no way partisan. It's the truth and it's across the board.
 
The power of money and what money can do is depicted in
John Perkins book, 'confessions of an economic hit man.'
It shows you how money can change the intent of nations
Read it
 
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