Last year the pharmaceutical industry had sales in excess of $300 billion. Clearly one way or another we all pay — whether we buy the drugs directly or through taxation. But is it less clear that we are getting value for money?
In one of the first independent investigations of the modern healthcare system, Jacky Law shows how a small number of corporations have come to dominate the healthcare agenda in Britain and America. She reveals a system in which the relentless pursuit of profit is crowding out the public good. Effective regulators are under intense pressure from corporate lobbies, and companies spend more money on marketing than they spend on research and development. Meanwhile the cost of new drugs rises relentlessly while the number of original new products declines.
All is not well with modern medicine. In what is both a diagnosis and a course of treatment, the author reveals a world where market considerations, not medical need, are determining the research agenda. She points to a future where the public and the medical profession once again have a voice in the kind of healthcare we want — and the healthcare we pay for.
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Jacky Law - Big Pharma: Exposing the Global Healthcare Agenda
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