Lec10 Big Pharma and Women.doc

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23 Apr 2012
HLTC02H3 Women and Health: Past and Present
Winter 2012
LEC01, LEC02
Lecture 10:
Big Pharma and Women
Witchcraft associated with women.
I. Profile of Pharmaceutical Industry in Canada
a. Make a lot of money, powerful economic interest in the US.
b. Develops drugs while making a lot of moneys.
c. Sizable increases on pharmaceuticals by governments. 7 jumps to 14%.
d. Multitude of drug options, over the generics. People prefer the brand names over
the generic drugs but they are not necessarily better.
e. Far more in profits than other sectors. Earn almost twice of what other sectors
earned, manufacturing in 1996.
f. Dark underbelly of pharmaceutical companies: manufacture drugs and make up
diseases that their drugs are supposed to counter.
g. Drugs cost more than physicians in hopsitals of recent. Very important cost for
health spending. Spending on drugs is equal to what is spent in hospitals.
h. Modicum of gain from new medications. Old medications are just as effective but
they may not be marketed as much as the newer drugs however.
i. Some drugs were important for curbing death rates from infectious disease, but it
did not outright curb poverty. It did help with mortality and people did not die of
conditions that they once had. Really important development, living conditions
overall were improving to some degree.
j. initial spread of HIV/AIDS were death sentences, but after the introduction of
drugs, the death rates did drop. Made an important contribution to the treatment of
aids. At least in Canada us, developed countries, people who contract aids tend to
live longer than they would have before the invention of these drugs.
k. Most new drugs don’t represent any significant therapeutic advantage. But there is
a pressure to get new drugs onto the market, only remove if they are proved to be
l. More money is generally spent on marketing and advertisement than R&D.
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