Cancer drugs are the most profitable for Big Pharma

[stvdv]

Cancer drugs are the most profitable for Big Pharma
A recent report from Evaluate shows oncological therapies were the most profitable in 2018
The report projects cancer drug sales to nearly double by 2024, pocketing a tidy $236.6 billion in profit

Cancer drugs are the most profitable for Big Pharma

IF I read such facts it does make me wonder...many things...can I trust Big Pharma? Do you?

Some thoughts that pop up are:
1) Big Pharma won't be happy if (alternative) doctors find a cheap way to cure cancer
2) Big Pharma will go to great length to make sure these doctors shut up

I am curious how others view Big Pharma and what other health options you have/use:
Do you trust Big Pharma (with your health)? Or not? Is B.P your first option or not?
Do you rather use alternative medicines (B.P drugs are know for their neg. side effects)?
Which other health systems do you use and or prefer? Did they solve it better than B.P would have?

 

[nPeace]

Cancer drugs are the most profitable for Big Pharma
A recent report from Evaluate shows oncological therapies were the most profitable in 2018
The report projects cancer drug sales to nearly double by 2024, pocketing a tidy $236.6 billion in profit

Cancer drugs are the most profitable for Big Pharma

IF I read such facts it does make me wonder...many things...can I trust Big Pharma? Do you?

Some thoughts that pop up are:
1) Big Pharma won't be happy if (alternative) doctors find a cheap way to cure cancer
2) Big Pharma will go to great length to make sure these doctors shut up

I am curious how others view Big Pharma and what other health options you have/use:
Do you trust Big Pharma (with your health)? Or not? Is B.P your first option or not?
Do you rather use alternative medicines (B.P drugs are know for their neg. side effects)?
Which other health systems do you use and or prefer? Did they solve it better than B.P would have?

I just hate the over use of those synthetic drugs.
They do more harm than good, and if we had knowledge of what to use, instead, we would be better off, by 80%.

Disclaimer : I am not endorsing any medical choice for anyone.

 

[Heyo]

Cancer drugs are the most profitable for Big Pharma
A recent report from Evaluate shows oncological therapies were the most profitable in 2018
The report projects cancer drug sales to nearly double by 2024, pocketing a tidy $236.6 billion in profit

Cancer drugs are the most profitable for Big Pharma

IF I read such facts it does make me wonder...many things...can I trust Big Pharma? Do you?

Some thoughts that pop up are:
1) Big Pharma won't be happy if (alternative) doctors find a cheap way to cure cancer
2) Big Pharma will go to great length to make sure these doctors shut up

I am curious how others view Big Pharma and what other health options you have/use:
Do you trust Big Pharma (with your health)? Or not? Is B.P your first option or not?
Do you rather use alternative medicines (B.P drugs are know for their neg. side effects)?
Which other health systems do you use and or prefer? Did they solve it better than B.P would have?

I trust my doctor. Well, I trusted my previous doctor who is now retired. I don't know enough about his successor but I don't mistrust her by default.
About alternative medicine, there are two kinds, those which don't evidently work and those which evidently don't work. I've tried some of the former and found that one seems to have a positive effect. But with a sample size of one and self reported efficacy I wouldn't publish my results.

 

[stvdv]

there are two kinds, those which don't evidently work and those which evidently don't work

True, those 2 are there, as is with Big Pharma

There is a third option also...those treatments that do evidently work

 

[stvdv]

I just hate the over use of those synthetic drugs.

#MeToo

They do more harm than good

True. And the problem is that it takes years before it can be proven, while they made their billions already

and if we had knowledge of what to use, instead, we would be better off, by 80%.

Even worse is that Big Pharma tries to hide knowledge and tries to discredit good alternative medicines like ivermectin and natural diet advice

Disclaimer : I am not endorsing any medical choice for anyone.

I endorse that

 

[nPeace]

And the problem is that it takes years before it can be proven, while they made their billions already

Do you mean like 2 years, because they already know the side effects and dangers of the drugs, and they also know that once you start on them, you have to continue, or suffer the consequences.
So I think it's already proven in the early.
It's just that they get away with using the advantage of their "expertise".

 

[SomeRandom]

Cancer drugs are the most profitable for Big Pharma
A recent report from Evaluate shows oncological therapies were the most profitable in 2018
The report projects cancer drug sales to nearly double by 2024, pocketing a tidy $236.6 billion in profit

Cancer drugs are the most profitable for Big Pharma

IF I read such facts it does make me wonder...many things...can I trust Big Pharma? Do you?

Some thoughts that pop up are:
1) Big Pharma won't be happy if (alternative) doctors find a cheap way to cure cancer
2) Big Pharma will go to great length to make sure these doctors shut up

I am curious how others view Big Pharma and what other health options you have/use:
Do you trust Big Pharma (with your health)? Or not? Is B.P your first option or not?
Do you rather use alternative medicines (B.P drugs are know for their neg. side effects)?
Which other health systems do you use and or prefer? Did they solve it better than B.P would have?

I mean I already live in a country that buys “Big Pharma” drugs at a much cheaper rate than you can get in the US. Which is kind of a sad state of affairs, at least for the Americastanis.
And indeed if there are cheaper alternatives to really any medicine prescribed (which we colloquially call “home brand” here) pharmacists will always offer it customers. I think that’s even a legal requirement in some states here. Not entirely sure. Could just be a company policy for some chemists lol
On top of that the elderly and often those on disability schemes will usually get an additional discount, because that’s just how our universal system works here.
Alternative medicines, if you like, are actually readily available for the most part. Naturopathy and the like. Sometimes found among services offered in private healthcare sectors, which is kind of interesting.

Not sure how “Big Pharma” feels about all that. I suspect they have little choice but to begrudgingly accept it, since most countries are rather aghast at the amount the US pays for health bills in general. So they do expect not to pay through the nose for medicine in general.

I do think they try their best to negotiate higher prices when selling their products internationally. Right now they might be seeing slightly more success in that respect due to the cost of living having increased.
But I dunno.

As far as trust is concerned. I mean again I live in a country that bulk buys cheaper medicine, relatively speaking, to begin with. And cheaper alternatives are already on the market and have been for years. Not sure about cancer drugs specifically though. But I would assume it’s the same situation

But I’ve no doubt that in the US profit comes before patient health. Since that’s seemingly how the system is designed. I mean how many people go bankrupt for daring to get sick in the US vs literally any other developed nation on earth? It’s practically unheard of here. Even many developing nations don’t have such a phenomenon.

 

[stvdv]

Do you mean like 2 years, because they already know the side effects and dangers of the drugs, and they also know that once you start on them, you have to continue, or suffer the consequences.
So I think it's already proven in the early.
It's just that they get away with using the advantage of their "expertise".

I was thinking of real serious damage that comes out after a decade or so

And true, they do add proven bad and useless ingredients in their drugs...which can be only for 1 obvious reason

They get away with it, because the majority just swallow whatever Big Pharma gives them

 

[stvdv]

I mean I already live in a country that buys “Big Pharma” drugs at a much cheaper rate than you can get in the US. Which is kind of a sad state of affairs, at least for the Americastanis.
And indeed if there are cheaper alternatives to really any medicine prescribed (which we colloquially call “home brand” here) pharmacists will always offer it customers. I think that’s even a legal requirement in some states here. Not entirely sure.
On top of that the elderly and often those on disability schemes will usually get an additional discount, because that’s just how our universal system works here.
Alternative medicines, if you like, are actually readily available for the most part. Naturopathy and the like. Sometimes found among services offered in private healthcare sectors, which is kind of interesting.

Thank you for sharing how it goes in Australia. Seems quite good to me, compared to America. Here in Holland it's similar to Australia I think. Australia and Holland seem to be quite a bit more "social" than US with health care. More business focus than health care focus it seems

Not sure how “Big Pharma” feels about all that. I suspect they have little choice but to begrudgingly accept it, since most countries are rather aghast at the amount the US pays for health bills in general. So they do expect not to pay through the nose for medicine in general.

I do think they try their best to negotiate higher prices when selling their products internationally. Right now they might be seeing slightly more success in that respect due to the cost of living having increased.
But I dunno.

I am aghast how they make health care a business model to milk everyone. Demonic I call this

As far as trust is concerned. I mean again I live in a country that bulk buys cheaper medicine, relatively speaking, to begin with.

But I’ve no doubt that in the US profit comes before patient health

And that is really bad. Trillions are spend on weapons and peanuts on health care I think

 

[Shaul]

I would think that cancer is the disease with the largest population that is treatable using drugs. So I would expect big pharma to make the most money from it. Am I missing something?

 

[SomeRandom]

Thank you for sharing how it goes in Australia. Seems quite good to me, compared to America. Here in Holland it's similar to Australia I think. Australia and Holland seem to be quite a bit more "social" than US with health care. More business focus than health care focus it seems

Yeah I think Australia, Holland, a lot of Europe and the UK have fairly similar healthcare systems.

I am aghast how they make health care a business model to milk everyone. Demonic I call this

I have to agree. It just seems so callous to me

And that is really bad. Trillions are spend on weapons and peanuts on health care I think

Yeah, a sad truth. I think last I checked, the US does seemingly spend more on healthcare than other countries (but obviously their military budget is far greater than that) and they still have worse results overall. I’m sure there are nuanced reasons for this as well. But “Big Pharma” is perhaps the leading cause or at least a major factor of that.
I mean to be fair the US is seemingly expected to have their drug companies lead the world in terms of medicine development. Which they seemingly do, as far as I’m aware. But still. They could be a bit more “social” in their healthcare, so to speak. But I’m not American, so what do I know?

 

[Aupmanyav]

Government of India keeps a check on drug prices for some diseases, Tuberculosis, Cancer, Aids, etc., and for cardiac implants. I am satisfied with what they do. Probably, they are the cheapest in India.

 

[Twilight Hue]

Cancer drugs are the most profitable for Big Pharma
A recent report from Evaluate shows oncological therapies were the most profitable in 2018
The report projects cancer drug sales to nearly double by 2024, pocketing a tidy $236.6 billion in profit

Cancer drugs are the most profitable for Big Pharma

IF I read such facts it does make me wonder...many things...can I trust Big Pharma? Do you?

Some thoughts that pop up are:
1) Big Pharma won't be happy if (alternative) doctors find a cheap way to cure cancer
2) Big Pharma will go to great length to make sure these doctors shut up

I am curious how others view Big Pharma and what other health options you have/use:
Do you trust Big Pharma (with your health)? Or not? Is B.P your first option or not?
Do you rather use alternative medicines (B.P drugs are know for their neg. side effects)?
Which other health systems do you use and or prefer? Did they solve it better than B.P would have?

I'd go left and expand the labeling requirements to include disclosure info that is tethered alongside actual wholesale cost of the drug, with the retail price.

Wholesale price/retail price

 

[exchemist]

Cancer drugs are the most profitable for Big Pharma
A recent report from Evaluate shows oncological therapies were the most profitable in 2018
The report projects cancer drug sales to nearly double by 2024, pocketing a tidy $236.6 billion in profit

Cancer drugs are the most profitable for Big Pharma

IF I read such facts it does make me wonder...many things...can I trust Big Pharma? Do you?

Some thoughts that pop up are:
1) Big Pharma won't be happy if (alternative) doctors find a cheap way to cure cancer
2) Big Pharma will go to great length to make sure these doctors shut up

I am curious how others view Big Pharma and what other health options you have/use:
Do you trust Big Pharma (with your health)? Or not? Is B.P your first option or not?
Do you rather use alternative medicines (B.P drugs are know for their neg. side effects)?
Which other health systems do you use and or prefer? Did they solve it better than B.P would have?

If you resort to alternative medicine for cancer you are a moron and will die early.

 

[stvdv]

If you resort to alternative medicine for cancer

you are a moron

You are?

 

[Sirona]

I would have guessed that antipsychotics were the most profitable because they often have to be taken lifelong.

My health insurance company concludes discount contracts with drug manufacturers so that you always get the cheapest brand of a certain drug.

 

[stvdv]

Government of India keeps a check on drug prices for some diseases, Tuberculosis, Cancer, Aids, etc., and for cardiac implants

I like India, a good example for the US

 

[ChristineM]

I am curious how others view Big Pharma and what other health options you have/use:

My husband is alive today because of a combination of surgery, radiotherapy and a continuing course of anti cancer drugs.

Do you just give up on the lives of millions of people alive today because of big pharma profits?

Yes they make a profit, they are in business for a reason. Much of that profit goes to finance research and development of new, better (and more profitable) drugs so they can develop better drugs

I have no problem with them making a profit so long as some of that profit is ploughed back into R&D to help save lives

 

[exchemist]

You are?

This is an English usage. One commonly says "if you so-and-so, then so and so", where "you" means "one" or " a person".

If "you", i.e. "one" or "a person" were to use alternative medicine in place of drugs for cancer, such a person would be a moron and would die earlier. Cancer drugs are quite complicated, sophisticated and very powerful selective poisons. You have no hope of treating cancer yourself with alternative medicines. Cancer is far too serious to mess about with. It is extremely foolish to do that.

 

[Aupmanyav]

I'd go left and expand the labeling requirements to include disclosure info that is tethered alongside actual wholesale cost of the drug, with the retail price.
Wholesale price/retail price

It is obligatory for all manufacturers in India to display Maximum Retail Price (MRP).
The government is contemplating a regulation which will ask doctors to prescribe drugs only by generic names, but quality considerations are a hindrance.