Almost everyone I know is on one kind of prescription drug or another. And what's worse is that an awful lot of them have been brainwashed into thinking that these pills hold the key to a healthy and happy life.
The pharmaceutical industry relies predominately upon patent protection of intellectual property to yield profits that are critical to support research and development, but there are exceptions that demonstrate the value of open innovation.
Pro Publica just launched a big report about fees paid by pharmaceutical companies to doctors to promote their drugs. The story explains how drug companies pay hundreds of millions of dollars resulting in nearly seven billion dollars in fines so far.
To pharmaceutical companies, physicians practicing clinical medicine are sales-facilitators essentially bought the way actors are bought to wear white coats in front of television cameras while pretending to be physicians.
India has become "the pharmacy of the developing world." Without affordable Indian generic medicines, millions of lives saved by Doctors Without Borders and other organizations over the past decade would otherwise have been lost.
If you were hoping for a modicum of media reform, aimed at reducing health care costs and delivering better services in the Obama Administration's forthcoming health care reform bill, you can forget it.