Showing posts with label big pharma. Show all posts
Showing posts with label big pharma. Show all posts

Friday, March 24, 2017

EpiPens And Pharma Bros Are No Accident: How Government Colludes In Big Pharma’s Chicanery


EpiPens And Pharma Bros Are No Accident: How Government Colludes In Big Pharma’s Chicanery
By Kurtis Bright


The Free Market Isn't Really Free: How Big Government And Big Pharma Are in Bed Together

When controversies occur like the disgusting and absurd EpiPen price hike of 600 percent last year, the coverage follows a common pattern: we (led by the media) cycle quickly from horror, to outrage, to disgust, to shrugging our shoulders and moving on to the latest celebrity scandal in quick succession.

Somewhere in the mix, toward the end of the cycle, some corporate talking head or another on some finance program will utter some insightful nugget along the lines of, “Well, that’s capitalism for you. Nothing to be done.”

There’s nothing to see here folks. It’s just the invisible hand of the free market at work. Move along now.

The thing is, that isn’t really true. Things like this don’t happen in a vacuum; there are no accidents, not anymore. Events like these, as can be easily demonstrated, are the end product of years if not decades of meticulous planning, carefully nurtured relationships with elected leaders, and the shameless cultivating of regulators--who often hail from the ranks of the Big Pharma companies in the first place.

And let’s be very clear here: Big Pharma spends big bucks on lobbying not out of a starry-eyed love and admiration for our electoral system and the octogenarian rock stars peopled therein, but rather in order to get laws crafted just the way they want them to be. All together, pharmaceutical companies have spent nearly a billion dollars, about $880 million on lobbying congress over the last decade. That’s more than eight times what the gun lobby has spent over the same time frame.


And when it comes to one of the great health-related tragedies of our times, the opioid crisis, the lobby promoting the approval, sale and use of the drugs has spent 200 times more than have groups calling for stricter prescription guidelines for the drugs. Even seemingly common-sense efforts to slow the tidal wave of the opioid scourge--for instance a New Mexico bill that would have limited initial opioid prescriptions for pain to seven days--have been bitterly fought by companies like Purdue Pharma, makers of Oxycontin.

And consider the case of Mylan, the now-notorious company behind the EpiPen and its appalling price-hike: that company’s deep connections to government read like a how-to guide to crony capitalism. After purchasing another company that created the EpiPen design, Mylan refined it and patented it, swatting down a series of other companies who sought to create their own version via a series of FDA interventions.

The fact that the company’s CEO Heather Bresch is the daughter of West Virginia Senator Joe Manchin didn’t hurt the company’s prospects one bit. Nor did it stand in the way of the company’s efforts to get laws passed that required EpiPens to be stocked in every school in the country. Conveniently, these supplies have to be replaced every year, and of course Mylan is the sole company licensed to make them, thus creating an unbelievable and constant revenue stream for the company.

Yet another way Big Pharma manages to tilt the playing field in its favor is through patents. By taking a successful drug and tweaking the formula slightly when its exclusive status is nearing an end, they are able to buy themselves another five to seven years as exclusive manufacturers, with no competition from generic versions available. And regulators--who are often on the boards of Big Pharma companies themselves, or who are former employees--are often the people responsible for granting these renewed patents. Thus another never-ending revenue stream is created.

So next time you hear someone say, “Oh it just how the free market works” in response to the latest Big Pharma scandal--and there will be another and another soon enough--perhaps take a moment to explain to them the difference between cronyism and capitalism. The free market isn’t really free.

At least in pharmaceuticals--everybody pays and the fat cats atop the Big Pharma pyramid get fatter along with their lapdogs in Congress and the regulatory agencies.
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Monday, February 20, 2017

Just How Bad Is The Opioid Crisis?


Just How Bad Is The Opioid Crisis?
By Kurtis Bright


A Snapshot Of An Epidemic

The U.S. is not at all unique for the numerous drug crises it has suffered over the course of its history, crises both organic and manufactured.

From the blanket outlawing of absinthe at the turn of the last century--the entire case against which was constructed on the flimsy story of one mentally unbalanced man who went on an absinthe bender and subsequently slaughtered his family--to of course Prohibition, to the reefer madness of race-baiting Harry Anslinger’s 1930s reign (which continues to destroy lives to this day) to the separate and unequal crack and powder cocaine laws of the 1980s and 1990s that resulted in such different outcomes for their respective users, Americans are no strangers to drug-related problems stemming from legislative overreach.

And that’s why it's so important to be very clear just how bad the current opioid epidemic really is: this is no mythological epidemic secretly designed to persecute minorities, nor is it yet another shabbily-constructed excuse to impose religion-based temperance on the masses. The opioid crisis in the US is a very real phenomenon, and it is affecting people of all races and socio-economic status.

The current crisis of opioid addiction has been called the worst drug epidemic in American history, which, while it sounds hyperbolic, could well prove to be true. Death rates from opioids are approaching deaths from AIDS during the 1990s, climbing to nearly 30,000 per year. Opioid addiction has affected people from all walks of life, across all regions of the U.S. It has destroyed homes, destroyed families and destroyed millions of lives--and it is perfectly legal.

Not only that, there are a handful of companies making a fortune from all this misery.

This is a new drug war, one that is being waged against the American people, rendering them helpless, addicted, penniless and likely to be devoured by the justice system. Here are a few more alarming facts:

·        Opioids kill more people than cars - Way back in 1999--you know, an ancient, far-off time of 18 years ago--the U.S. suffered more than twice as many motor vehicle deaths as fatal drug overdoses. Fast-forward to 2014 and those numbers have been inverted. Now there are nearly 40 percent more deaths from opioid drug overdoses than result from car crashes. The stark, sad statistics: 29,230 people died in car crashes in the U.S., whereas 47,055 died of drug overdoses.
·        We are dying from our prescriptions - Cocaine and heroin combined killed about 5,700 Americans in 1999, whereas opioids killed 4,030. In 2014 the rate of opioid deaths had skyrocketed 369 percent, while cocaine-related deaths have fallen below even those caused by benzodiazapines, a common sleep aid and anti-anxiety medication.
·        Doctors are writing triple the opioid prescriptions - A factor we cannot ignore in the surge in opioid abuse is the fact that prescriptions written for opioids have tripled over the course of 20 years. Is there really that much more pain out there that needs to be managed? Or is it perhaps that the marketing sections of pharmaceutical companies have done a spectacular job cajoling doctors and convincing the rest of us that opioids are safe, a claim that is demonstrably false? Doctors wrote about 76 million prescriptions for opioids in 1991. By 2011 that number surged to 219 million.
·        Addiction to opioid prescription drugs crosses all racial barriers - Predictably, the media spotlight on increased opioid abuse and its attendant problems is laser-focused on white, middle-class users. However, the rate of abuse has also skyrocketed among African-Americans and Latinos, which goes hand-in-hand with an uptick in heroin abuse among all racial groups as cheap Mexican heroin has flooded the U.S. since about 2005, and presents a more affordable alternative to pill addicts when their prescriptions or money dries up.

The opioid scourge should finally put to bed a couple of tired old stereotypes: one, that the problems of drug abuse and drug addiction are strictly about illicitly manufactured drugs. And the second is the notion that drug addiction only happens to “those people,” meaning black, brown, poor and otherwise marginalized people.

Consider this: there are now 12 states where there are more prescriptions for opioid drugs than there are people. Those aren’t all going to criminals and cartoon street-rat degenerates.

The stark truth is that billion-dollar drug companies are killing us, and smiling all the way to the bank in the process. Given the popularity of the Netflix show “Narcos,” following the life and death of Pablo Escobar, it would behoove us to take a step back and consider who the real drug lords are today.
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