The drugmakers are widely attacked, occasionally for good
cause--such as when they spend millions of dollars promoting
Obamacare. But when they are good, they are very
good. Like looking for cancer cures.
Virtually every large pharmaceutical company seems to have
discovered cancer, and a substantial portion of the smaller
biotechnology companies are focused on it as well. Together,
the companies are pouring billions of dollars into developing
cancer drugs.
Two industry trends are driving the push. Recent scientific
discoveries have suggested new targets for cancer drug
researchers to attack. And as drug companies see profits
beginning to wane from mainstays like Lipitor, the high prices
that cancer drugs can command have become an irresistible lure.
About 860 cancer drugs are being tested in clinical trials,
according to the pharmaceutical industry's main trade group.
That is more than twice the number of experimental drugs for
heart disease and stroke combined, nearly twice as many as for
AIDS
and all other
infectious diseases combined, and nearly twice as many as
for
Alzheimer's and all other neurological diseases combined.
But for all the industry's spending and effort, only a trickle
of new cancer drugs make it to market. Last year there were
two, and this year there has been only one.
And even some of those drugs offer only a few months at most of
extra life or tumor
stabilization despite prices that often reach thousands of
dollars a month. The drug Tarceva,
which costs about $3,500 a month, was approved as a treatment
for
pancreatic cancer because it improved survival by 12 days.
The battle to treat cancer has become, as a commentary in a
leading journal put it, a "grinding war of the trenches."
Why? Experts say the same factors that attract drug companies
to the cancer business help explain the slow progress.
Finding new drugs is expensive. The cost is not primarily
that of production, but of discovery--including the expense of
all the many dry holes drilled along the way. We all
would prefer to pay less for drugs, but government price controls
under whatever guise risk killing the golden goose, slowing the
supply of new products which just might be the medicine which
save our life, or that of a relative or friend.
…philipaklein Philip Klein amspec American Spectator 109 Show more Shortened Links Linking to the spectator.org page http://bit.ly/sffzw info 2 tweets Tweet The American Spectator : AmSpecBlog : Big PhRMA: Doing What it is Supposed to Do spectator.org/blog/2009/09/05/big-phrma-doing-what-it-is-sup – view page – cached The drugmakers are widely attacked, occasionally for good cause--such as…
…portion of the smaller biotechnology companies are focused on it as well. Together, the companies are pouring billions of dollars into … See original here: The American Spectator : AmSpecBlog : Big PhRMA: Doing What it is … « Computer will not Boot or System Restore Why We're Getting it Wrong in Afghanistan (SWJ Blog) » This entry was posted on Saturday, September 5th, 2009…
Richard Baker| 9.6.09 @ 1:07PM
It's a sad testament that American business has to spend money on
both political parties in hope that they won't destroy the
businesses. Government needs to get out of the way and do only
those things specifically enumerated in the Constitution.
Kurt| 9.6.09 @ 3:59PM
What they are suppose to do is develop drugs that help the health
of the sick. This can not be accomplished with their lobby trying
to ensure whatever it is they think (believe) will help the
legislative process ensure money and growth. The pharma should be
rewarded when effective drugs are put to market. Politics ensures
they are rewarde when they reward the politicians. Do I blame
pharma, no, do I blame congress, no, do I blame the idiots that
belive they can get something for nothing? You betchya!
…contentious, but civil. Page 2 Related Articles JR Vision Group Max 303 | Sunglasses Van Jones - - OBAMAers Dot Com JR Vision Group Max 303 | Lacostela Sunglasses Heaven The American Spectator : AmSpecBlog : Big PhRMA: Doing What it is … Out now on Country & Eastern: Bengt Berger - Beches brew RandomPottins: 'Stolen Beauty' protest at Vienna UN Anarchists set to protest against arrests | ICT…
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Twitter Trackbacks for The American Spectator : AmSpecBlog : Big PhRMA: Doing What i links to this page. Here’s an excerpt:
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IT Corner » Blog Archive » The American Spectator : AmSpecBlog : Big PhRMA: Doing Wha links to this page. Here’s an excerpt:
Richard Baker| 9.6.09 @ 1:07PM
It's a sad testament that American business has to spend money on both political parties in hope that they won't destroy the businesses. Government needs to get out of the way and do only those things specifically enumerated in the Constitution.
Kurt| 9.6.09 @ 3:59PM
What they are suppose to do is develop drugs that help the health of the sick. This can not be accomplished with their lobby trying to ensure whatever it is they think (believe) will help the legislative process ensure money and growth. The pharma should be rewarded when effective drugs are put to market. Politics ensures they are rewarde when they reward the politicians. Do I blame pharma, no, do I blame congress, no, do I blame the idiots that belive they can get something for nothing? You betchya!
Pingback| 9.6.09 @ 9:48PM
Grumpy Ant » Blog Archive » Town Hall Protests Not Staged Or Rigged By Gop : Max Schu links to this page. Here’s an excerpt: