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The Truth About the Drug Companies: How They Deceive Us and What to Do About It
 
 

The Truth About the Drug Companies: How They Deceive Us and What to Do About It [Hardcover]

Marcia Angell
3.5 out of 5 stars  See all reviews (2 customer reviews)

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From Publishers Weekly

In what should serve as the Fast Food Nation of the drug industry, Angell, former editor of the prestigious New England Journal of Medicine, presents a searing indictment of "big pharma" as corrupt and corrupting: of Congress, through huge campaign contributions; of the FDA, which is funded in part by the very companies it oversees; and, perhaps most shocking, of members of the medical profession and its institutions. Angell delineates how the drug giants, such as Pfizer and AstraZeneca, pay physicians to prescribe their products with gifts, junkets and marketing programs disguised as "professional education." According to Angell, the cost of marketing, both to physicians and consumers, far outweighs expenditures on research and development, though drug makers invoke R&D as the reason drug prices are so high. In fact, says Angell, with combined 2002 profits of $35.9 billion for the Fortune 500's top 10 drug companies, the drug industry is America's most profitable by far, thanks to disproportionately high prices, generous tax breaks and manipulation of patents to extend exclusive marketing rights to blockbuster drugs like Prozac and Claritin. Angell mounts a powerful case (and offers specific suggestions) for reform of this essential industry—a case worth bearing in mind as "big pharma" continues to oppose importing cheaper drugs from Canada.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

From Booklist

Angell, former editor in chief of the prestigious New England Journal of Medicine, pulls no punches in her criticism of the big pharmaceautical companies. She profiles big "pharma" as one of the most bloated, secretive, self-serving industries--one that uses government payoffs, lures, bribes, and kickbacks to maintain its practice of grossly overcharging the public for products that are increasingly less than innovative. Under the current situation, the main pipeline of new products are mostly "me-too" drugs-- drugs very similar to successful ones already on the market yet patentable as new entities so that the companies can continue to charge premium prices for existing treatments as the older drugs move to generic status. The problem is that these new drugs may be less safe and effective than the older ones, since to get approval, drug companies only have to show that they work, not that they are better than an existing drug. Fortunately the public is angry about the current situation and is beginning to demand reform, to which Angell provides a sensible, enlightened approach. David Siegfried
Copyright © American Library Association. All rights reserved

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2 of 2 people found the following review helpful
3.0 out of 5 stars Blowing the whistle, but not too loudly, Aug 8 2011
Marcia Angell was (chief) editor of the renowned New England Journal of Medicine for two decades. As stated on the back of the 2005 paperback edition of her book, she "had a front-row seat on the growing corruption of the pharmaceutical industry."

She fleetingly mentions possible negative effects to health by drugs, although she is not skeptical, for instance, of the need to medicate when high blood pressure, high cholesterol levels, or HIV are diagnosed. She has faith that in some distant future, genetic research will lead to new and helpful drugs. Naturally, she does not mention forced medical treatment, nor the effects of the massive amounts of drugs we collectively excrete on the earth we all share.

Angell's main beef is that the drug companies are too profitable. She correctly identifies that they are NOT a free-market success story. They live off industry-friendly laws and regulation, publicly funded research, monopoly rights, protectionism, and tax breaks. Their best client, the biggest single purchaser of prescription drugs, is government.

The pharmaceutical industry uses its wealth and power to manipulate congress, federal and state legislators, the Food and Drug Administration, and the courts. "[It] has essentially hired government to do its bidding." It has by far the largest lobby in Washington. Drug companies even hire family members of congressmen to lobby them. And they "donate" copiously to political campaigns. "Legislators are now so beholden to the pharmaceutical industry that it will be exceedingly difficult to break its lock on them."

Meanwhile, some of the public is growing more skeptical of the pharmaceutical industry, as evidenced, among other ways, by the many books criticizing it that have recently come on the market. In the preface to the paperback edition of The Truth About the Drug Companies Angell lists four titles that appeared around the same time as her own. Blech's book is not included, nor is that by Medawar & Hardon.

The industry is responding by increasingly disguising its propaganda as education. It hides behind supposedly grass-roots patient groups, which are in fact funded and often founded by drug companies. It advocates its products using paid anecdotal testimony, preferably by celebrities. Industry domination of medical schools and journals ensures that physicians are trained to reach for a prescription pad, and learn no other way of dealing with their patients' complaints.

Most of the new drugs coming on the market are me-too drugs. (Some other authors call them copy-cat drugs.) Drugs that are not proven to be better than existing drugs should not be allowed onto the market, Angell contends. But how does she expect the benefit of a drug to be proven, while she acknowledges that the research that delivers such evidence is subject to wide-spread manipulation and fraud?

In my opinion the most shocking revelation Angell makes in her book is about research on children. As an incentive to include children in drug testing, which Angell endorses, the US government grants a six-months' extension of a drug's patent rights. (This same legislation is now being pushed through the EU.) When the drug is a good seller, this proposition is immensely lucrative, so drug companies test drugs for conditions such as heartburn and "premenstrual dysphoric disorder" on children, even though these conditions never affect children. At the same time, the government's goal is defeated, because less lucrative drugs for rarer conditions that do affect children remain untested on them.

Except for her call to repeal parts of the Bayh-Dole act, and to repeal the extension of exclusive marketing rights for testing drugs in children, the solution Angell proposes is more regulation. With this she joins the ranks of the large majority of the population that continues to believe that regulation protects the individual citizen, even though it has never accomplished this in the past. She admits that every regulatory law legislated, no matter how well-intentioned, winds up benefiting the industry. Yet she proposes even more of those laws. This is the same logic by which some people think that if their appliance doesn't start to work when they kick it, they must have to kick it harder.

Who "except for libertarian extremists and The Wall Street Journal" could possibly want legal restrictions on pharmaceutical marketing removed, Angell rhetorically ponders. Yet she does not address arguments in favor of removing restrictions, except by the epithet "extremist" and by positing that before regulation, all sorts of "worthless and dangerous patent medicines" were peddled to a gullible public. The latter is true, but after a whole century of regulation, we have more of such worthless medicines than ever, and precisely the ones that are covered by prescription laws and regulation are the most dangerous.

When Angell mentions law suits brought by individuals or consumer groups, she suddenly seems to switch sides. She rallies to the defense of the drug companies, calling the charged offenses "alleged," a word she never uses to describe her own hefty accusations, and claiming that many of these charges are frivolous.

Angell has done a fine job of diagnosing the pharmaceutical industry's disorders, but most of the medicines she prescribes will do more harm than good. The one remedy she apparently finds unfathomable is leaving the individual citizen free to be responsible for his own health care.

Copyright © MeTZelf
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3 of 5 people found the following review helpful
4.0 out of 5 stars axe to grind, Dec 2 2007
Dr. Angell seems to have a serious axe to grind in writing this book, but then again nearly everyone who writes a book has an axe to grind to some degree. She's right that the large drug companies have become heavily involved in marketing, their drugs are very highly priced in the United States, and they do produce many "me-too" drugs. To some degree, though, this is par for the course for any big company that is trying to protect its interests in a highly competitive market. It may be that the industry will behave like this indefinitely if no one intervenes, or it could be that after all of the "low hanging fruit" drugs, such as SSRIs, are created and their patents run their course, fewer big drug companies will be able to survive. We may be witnessing something like the end of the dotcom boom. In either case, Dr. Angell's book is well researched and loaded with facts and examples. It's probably good for everyone to hear her ideas. Author of Adjust Your Brain: A Practical Theory for Maximizing Mental Health.
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Amazon.com: 3.9 out of 5 stars (100 customer reviews)

429 of 456 people found the following review helpful
5.0 out of 5 stars FANTASTIC READING, Aug 25 2004
By Peter Rost - Published on Amazon.com
This review is from: The Truth About the Drug Companies: How They Deceive Us and What to Do About It (Hardcover)
I should start with a disclaimer. I'm a Vice President within one of the largest drug companies in the world and I have spent close to twenty years marketing drugs. So I guess I'm not supposed to like this book. But the truth is I thought it was fantastic.

First, for those of you who are not familiar with the healthcare industry, you should know that Ms. Angell is better capable of writing this masterpiece than any other author. She used to be Editor-in-Chief of The New England Journal of Medicine, which is considered the most prestigious medical journal in the world. Don't let her credentials scare you off, though. This is easy reading and the book captures your attention like a true business thriller, only this is real life suspense.

But this volume is much more than simple entertainment. It is quite possibly one of the best analyses of the state of the U.S. drug industry today, complete with footnotes backing up every statement the author makes. You will learn not only that in 2002 the top ten drug companies made a higher profit than the other 490 businesses together on the Fortune 500 list. You will also understand how the drug industry has been able to achieve such a business success and how this success, as is often the case throughout history, will likely be their downfall.

A political tidal wave is building which will forever change both the industry and many of its infamous business practices. It is sad to note that the drug industry today is equally poorly regarded as the tobacco companies, and this is a testament not only to the shortsighted foolishness of their management, but also to the fact that you can fool some of the customer some of the time, but not all of them all the time.

So is there no hope? Well, Ms. Angell doesn't only state the problem she also presents solutions and ends her story with several thoughtful suggestions on how to change the way we discover, market and distribute new drugs. Her advice is wise and absent of quick fixes. Only time will tell if there will be a movement so strong that it can defeat ingrained business practices of the richest companies in the world.

What may help is that the drug companies are their own worst enemies. They have antagonized grannies all over the US with their work to stop reimportation of cheaper drugs into the US, a practice that has been in place for many years in Europe. And anyone in marketing or public relations can tell you that no money in the world can help you win against millions of mad grandmothers.

179 of 191 people found the following review helpful
5.0 out of 5 stars A Brave Exposé of Big Pharma, Sep 23 2004
By Joel M. Kauffman - Published on Amazon.com
This review is from: The Truth About the Drug Companies: How They Deceive Us and What to Do About It (Hardcover)
One of the great exposés of all time, "The Truth About the Drug Companies" punctures much of the self-generated publicity of what has come to be called "Big Pharma. Beautifully written, edited and referenced in academic style, Dr. Angell begins softly and with understatement, building logically to a shattering set of conclusions and recommendations.

Pharma's claim that high drug prices in the USA are required to support innovative research is shown with plausible data to be false. Most of the innovative drugs are actually discovered in universities, at the NIH and in small companies. Pharma's expenditures for research are shown to less than half of those for sales and marketing and lobbying. About 4/5 of research dollars spent are on "me-too" drugs that are minor variations on the original drug of each type, and thus of no value to ordinary citizens.

Dr. Angell explains how Big Pharma had patent law changed to obtain up to 23 years of protection. And how minor changes in the drug molecule have somehow become patentable in direct contravention of patent law that obvious minor changes are not patentable. Mere changes in formulation somehow became protected.

Dr. Angell confirms other reports that Big Pharma has the most powerful lobby in Washington, resulting in "...an iron grip on Congress and the White House". Big Pharma has had laws passed forbidding importation of its own drugs from outside the USA. There is no technical justification for this. Big Pharma has arranged that the Medicare Drug Benefit to become effective in a couple of years does not permit Medicare to negotiate prices. This is contrary to the ability of all other national health services in the world to negotiate prices.

Dr. Angell confirms that both the NIH and FDA are subservient to the wishes of Big Pharma. This is largely done by offering "consulting" agreements to federal employees, and to members of FDA advisory committees. The FTC and FDA crumbled to Big Pharma's wishes to advertise drugs direct to consumer, a total disaster so far, because the true benefits of many drugs, often quite minor and sometimes even negative, cannot be communicated in a TV ad.

The pervasive bribing of doctors to prescribe the latest drugs is confirmed. Big Pharma's influence on medical schools is shown, as is the control of Continuing Medical Education, required for certain certifications and hospital privileges.

"The Truth..." is truly great because a number of concrete suggestions are made to undo the damage: "Despite all its excesses, this is an important industry that should be saved - mainly from itself" (p237). Of the suggestions Dr. Angell made, the one most possible to be implemented are removing the control of clinical trials of drugs from Big Pharma and having the NIH do it. (Of course, there is the caveat that NIH employees must stop receiving compensation or gifts from Big Pharma.) Some of the scientific transgressions of Big Pharma in running and reporting on drug trials are given, such as reporting only the positive results, testing healthy adults and then allowing the drugs to be prescribed for sick adults, children and the elderly. Drugs are now tested against placebo. Dr. Angell notes that tests should also include a test group using the current best drug to see whether the "new" drug is really better. She does not address the lack of benefit of many of the best-selling drugs.

"The Truth..." is an oustanding work, in my opinion, and a short review cannot do it justice.

*****

For a similar exposé see "Prescription Games" by Jeffrey Robinson (2001). Other aspects of Big Pharma excess are given in "Heart Failure" (1989) and "Prescription for Disaster" (1998); by Thomas J. Moore; "Overdose: The Case Against the Drug Companies" by Jay S. Cohen, MD (2001). The misleading presentation of trial results is shown in "Calculated Risks" by Gerd Gigerenzer (2002) and the peer-reviewed paper: Joel M. Kauffman, Bias in Recent Papers on Diets and Drugs in Peer-Reviewed Medical Journals, J. Am. Physicians & Surgeons, 9(1), 11-14 (2004).

I have had about 14 years of experience in exploratory drug development in colleges, mostly supported by NIH grants.

68 of 74 people found the following review helpful
5.0 out of 5 stars What Drug Companies Fear You Will Find Out, Sep 20 2004
By Stuart Cameron "stu" - Published on Amazon.com
This review is from: The Truth About the Drug Companies: How They Deceive Us and What to Do About It (Hardcover)
As a pharmacist for 27 years, six of those working in sales for one of the "big pharma" companies, I was pleased to see that Dr. Angell has got it EXACTLY right. Pharmaceutical companies are now multinational corporations whose motives are the same as all mega corporations... money and profits.
I know Dr. Angells chapters on "The Hard Sell", "Marketing
Masquerading as Education", and "Marketing Masquerading as Research" are factual. I received training in all these methods
of bullying physicians into writing prescriptions for my products using many of the methods described in this book!
Dr. Angells descriptions of the pharmaceutical industries hold on politicians and the FDA is, again, completely correct.
Until politicians believe they may not be re-elected if they
continue to pander to "big pharma", it will never change.
If you are at all concerned about the outrageous price of prescriptions (and you should be), this is a must read. Better
yet, send a copy to your congressman, senators and state representatives. You can bet "big pharma" is squirming over this one!
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