New study: 85% of Big Pharma's new drugs are "lemons" and pose health risks to users
S. L. Baker, NaturalNews features writer
August 18, 2010 (NaturalNews) For years, natural health proponents
have been sounding
the alarm about the dangers of new drugs being pushed on consumers. But
is that a one-sided, inaccurate view? Not at all. In fact, new research
now shows the problems with Big Pharma's hugely hyped medications are
far worse than most people have even dreamed. Independent reviewers
found that about 85 percent of new drugs offer few if any new benefits
-- but they carry the risk of causing serious harm to users.
According to Donald Light, Ph.D., a professor of comparative health
policy at the University of Medicine and Dentistry of New Jersey who
authored the study, the pharmaceutical industry is a "market for
lemons" and Big Pharma spends a fortune to sell those lemons to the
public.
"Sometimes drug companies hide or downplay information about serious
side effects of new drugs and overstate the drugs' benefits," Dr.
Light, who presented his findings on August 17 in Atlanta at the 105th
Annual Meeting of the American Sociological Association, said in a
press statement. "Then, they spend two to three times more on marketing
than on research to persuade doctors to prescribe these new drugs.
Doctors may get misleading information and then misinform patients
about the risks of a new drug. It's really a two-tier market for
lemons."
Dr. Light's paper, Pharmaceuticals: A Two-Tier Market for Producing
'Lemons' and Serious Harm, is an institutional analysis of the
pharmaceutical industry and how it works. He based his conclusions on a
wide range of data from independent sources and studies, including the
Canadian Patented Medicine Prices Review Board, the Food and Drug
Administration, and Prescrire International (a French language journal
which publishes extensive research on pharmacology, toxicology and
pharmaceutics ). Much of research for the study was conducted for a
forthcoming book Dr. Light edited, The Risk of Prescription Drugs,
which is slated for publication this fall by Columbia University Press.
In both his paper and his book, Dr. Light emphasizes what he dubs the
"Risk Proliferation Syndrome", which refers to the way Big Pharma has
grossly maximized the number of people exposed to new drugs with
relatively low effectiveness but a heightened risk of adverse and often
severe side effects. The pharmaceutical giants have accomplished this
by failing to put each new medication on the market using a controlled,
limited launch which would allow evidence to be gathered about the
drug's effects, positive and negative. Instead, Big Pharma builds
hugely hyped drug launches based on clinical trials that were designed
in the first place to minimize evidence of harm and are published in
the medical literature to only emphasize a drug's advantages.
Pharmaceutical companies spend millions of dollars on massive campaigns
to sell a new prescription med, recruiting leading doctors to use the
drug for conditions other than those for which it is approved, Dr.
Light revealed. By promoting such off-label or unapproved uses, Big
Pharma goes after even more sales and physicians inadvertently become
what Dr. Light calls "double agents" -- they work to push sales of the
new drug while they are supposed to be stewards of their patients'
well-being.
And what happens when patients complain that the drug is making them
sicker and/or producing side effects? Studies show their doctors
usually just discount or dismiss these complaints, Dr. Light said.
According to the new study, the big drug companies are successful in
getting away with selling their "lemon" drugs because of three main
reasons: Big Pharma is in charge of testing their own new drugs; the
pharmaceutical companies have invested millions in building "firewalls"
of legal protection to hide information about a drug's dangers or lack
of effectiveness; and the bar for drug efficacy is set fairly low to
make it easier for Big Pharma to get a new drug approved.
Dr. Light pointed out that despite the extensive requirements for
testing the efficacy and safety of each new medication, drug companies
use a strategy of "swamping the regulator" with large numbers of
incomplete, partial, and substandard clinical trials. For instance, in
one study of 111 final applications for approval, 42% lacked adequately
randomized trials, 40% had flawed testing of dosages, 39% lacked
evidence of clinical efficacy, and 49% raised concerns about serious
adverse side effects.
"The result is that drugs get approved without anyone being able to
know how effective they really are or how much serious harm they will
cause," he said. "The companies control the making of scientific
knowledge and then control which findings will go to the FDA or be
published."
As Mike Adams recently reported in NaturalNews, statin drugs are a
prime example of the Big Pharma push to market drugs as safe and
effective while glossing over the fact they often harm far more people
than they help -- in the case of statins, causing everything from liver
damage, acute kidney failure, and extreme muscle weakness to cataracts (http://www.naturalnews.com/028988_statin_drugs_side_effects.html).
For more information:
http://www.asanet.org/meetings/2010Home.cfm
http://www.naturalnews.com/Big_Pharma.html
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