Re:Indian Government uses special powers to slash cancer dru...
by suprgeek on Tuesday March 13, 2012 @11:21AM
(#3698822)
Excuse me for not being cut up about how the BigPharma companies will be pulling in a few less dollars.
Thinking about some of the corrupt and downright unethical practices employed by these companies - this would almost seem like just payback.
- They use Drug trials in lightly regulated developing countries to get FDA approvals for medicines. There was a famous case in India last year I think where 10-12 children died due to an experimental vaccine. The company involved was one of the biggest vaccine manufacturers in US. That case got hushed up quick.
- Drugs that get banned in US/Europe get dumped in Developing countries where the science/regulation may not have caught up yet. So even when the deadly consequences are known, these companies push dangerous medicines.
- Medical Reps employed by these companies routinely pressure doctors to over-prescribe expensive medicines. for a uneducated public this ends up costing them more for the same effects.
Against the backdrop of these practices an occasional such judgement is indeed good news against these companies.
- They use Drug trials in lightly regulated developing countries to get FDA approvals for medicines. There was a famous case in India last year I think where 10-12 children died due to an experimental vaccine. The company involved was one of the biggest vaccine manufacturers in US. That case got hushed up quick.
- Drugs that get banned in US/Europe get dumped in Developing countries where the science/regulation may not have caught up yet. So even when the deadly consequences are known, these companies push dangerous medicines.
- Medical Reps employed by these companies routinely pressure doctors to over-prescribe expensive medicines. for a uneducated public this ends up costing them more for the same effects.
Against the backdrop of these practices an occasional such judgement is indeed good news against these companies.