Shocking Facts About the Pharmaceutical Industry
April 19, 2008
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Big drug companies have been accused of putting profits above patients, spinning false PR campaigns and more. Here are some of the most shocking facts about the pharmaceutical industry.
The price of drugs is increasing faster than anything else a patient pays for: The prices of the most heavily prescribed drugs are routinely jacked up, sometimes several times a year. Some medications have a mark-up of 1,000 percent over the cost of their ingredients.
Your doctor may have an ulterior motive behind your prescription: Drug reps often give gifts to convince doctors to prescribe the medications that they represent. These drug reps usually have no medical or science education.
Pharmaceutical companies spend more on marketing than research: Almost twice as much!
Guilty of Medicare fraud: Pharmaceutical companies are being tried in federal courts as a result of their exploitation of Medicare. AstraZeneca had to pay more than $340 million in penalties for coaching doctors to cheat Medicare.
The combined wealth of the top 5 pharmaceutical companies outweigh GNP of sub-Saharan Africa: In fact, the combined worth of the world’s top five drug companies is twice the combined GNP of that entire region.
Americans pay more for prescription meds than anyone else in the world: $200 billion in 2002 alone.
"New" Drugs aren‘t really new: Two-thirds of “new” prescription drugs are identical to existing drugs or modified versions of them.
Drug companies are taking advantage of underdeveloped countries to perform clinical trials: In developing countries, government oversight is more lax.
For more shocking facts, click the link below.
What Are GMOs?
From April 19th through April 25th we launch GMO Awareness Week. We set aside an entire week dedicated to providing you with information on GMOs and labeling initiatives.
GMOs are a product of genetic engineering, meaning their genetic makeup has been altered to induce a variety of “unique” traits to crops, such as making them drought-resistant or giving them “more nutrients.” GMO proponents claim that genetic engineering is “safe and beneficial,” and that it advances the agricultural industry. They also say that GMOs help ensure the global food supply and sustainability. But is there any truth to these claims? I believe not. For years, I've stated the belief that GMOs pose one of the greatest threats to life on the planet. Genetic engineering is NOT the safe and beneficial technology that it is touted to be.
Help Support GMO Labeling
The Grocery Manufacturers Association (GMA)—Monsanto’s Evil Twin—is pulling out all the stops to keep you in the dark about what’s in your food. For nearly two decades, Monsanto and corporate agribusiness have exercised near-dictatorial control over American agriculture. For example, Monsanto has made many claims that glyphosate in Roundup is harmless to animals and humans. However, recently the World Health Organization (WHO) had their research team test glyphosate and have labeled it a probable carcinogen.
Public opinion around the biotech industry's contamination of our food supply and destruction of our environment has reached the tipping point. We're fighting back. That's why I was the first to push for GMO labeling. I donated a significant sum to the first ballot initiative in California in 2012, which inspired others to donate to the campaign as well. We technically "lost the vote, but we are winning the war, as these labeling initiatives have raised a considerable amount of public awareness.
The insanity has gone far enough, which is why I encourage you to boycott every single product owned by members of the GMA, including natural and organic brands. More than 80 percent of our support comes from individual consumers like you, who understand that real change comes from the grassroots.
Thankfully, we have organizations like the Organic Consumers Association (OCA) to fight back against these junk food manufacturers, pesticide producers, and corporate giants.
Internet Resources Where You Can Learn More
Together, Let's Help OCA Get The Funding They Deserve
Let’s Help OCA get the funding it deserves. I have found very few organizations who are as effective and efficient as OCA. It’s a public interest organization dedicated to promoting health justice and sustainability. A central focus of the OCA is building a healthy, equitable, and sustainable system of food production and consumption. That's why I'm proud to announce I will be matching donations up to $250,000 this week.
Please make a donation to help OCA fight for GMO labeling.