HLTC02H3 Lecture 11: Lecture 11 Big Pharma and Women.docx
Document Summary
Lecture 11:big pharma and women march 27th, 2012. The impact of big pharma on women"s health. A lot of money is spent on drugs. Generic drugs are cheaper and are as effective as brand named drugs. By 1996, profits for drug sector shot up: Total spending : hospital vs drugs vs doctors and value of new active substances (drugs with molecules that have never been marketed before. Drop in death rate for diseases that were treated with pharmaceuticals. Role of pharmaceuticals was important especially in hiv/aids. By 1997 people were able to live longer because of drugs but in the poor countries/continents like. Africa, haiti and india, people still do not have access to drugs for treatment. Most new drugs have no significant therapeutic advantage. Only the ones that were beneficial were the anti-retroviral. billion is spent on drugs in canada and $ 75billion is spent on the promotion of drugs. 5% = all admission to medical wards.
