Close X
Get more out of WDDTY.com
by joining the site for free
Free 17-point plan to great health
Twice weekly e-news bulletins
Access to our News, Forums and Blogs
Sign up for free and claim your
17-point plan to great health
Free 17-point plan to great health

Twice weekly e-news bulletins

Access to our News, Forums and Blogs
OR

If you want to read our in-depth research articles or
have our amazing magazine delivered to your home
each month, then you have to pay.


Click here if you're interested
Helping you make better health choices

In shops now or delivered to your home from only £3.50 an issue!

Subscribe!

New drugs at least they cost a lot more

About the author: 

It makes a very minor modification to an existing drug and hails that as the great new thing


Simple. It makes a very minor modification to an existing drug and hails that as the great new thing. It can charge just as much as it would for a truly innovative drug, so keeping its board and shareholders happy.

The only losers are the patients and the health authority buying the drug, but both of these have always been low priorities, as far as the drug industry is concerned.

Canadian health inspectors recently decided to investigate the practice to find out just what impact it had on the government's purse strings. Between 1990 and 2003, Canada's health watchdogs approved 1147 'new' drugs but, of these, just 68, or 5.9 per cent, were genuinely novel compounds. The rest were just copy-cat drugs, also known as 'me-too' drugs.

Despite the fact that Canadians were getting no real benefit from this enormous activity, the costs for the health authorities doubled over the period. Of this, 80 per cent was spent on 'new' drugs that actually weren't.

Canada's inspectors are confident that every health authority in the developed world would discover a similar pattern (BMJ, 2005; 331: 815).


Elective surgery: giving it a vote of no confidence

Angiotensin-ii blockers arbs vs ace inhibitors

You may also be interested in...

Latest Tweet

About

Since 1989, WDDTY has provided thousands of resources on how to beat asthma, arthritis, depression and many other chronic conditions.

Start by looking in our fully searchable database, active and friendly community forums and the latest health news.

Positive SSL Wildcard

Facebook Twitter

Most Popular Health Website of the Year 2014

© 2010 - 2017 WDDTY Publishing Ltd.
All Rights Reserved