Doctors from the Mayo Clinic and MD Anderson Cancer Center have taken a close look at why cancer drugs are so expensive for Americans, and it's not because of the reasons drug companies report. Consider: In the United States, the average price of cancer drugs for about a year of therapy increased from $5000 to $10,000 before 2000 to more than $100,000 by 2012. Americans with cancer pay 50% to 100% more for the same patented drug than patients in other countries. The doctors studied four common reasons given for high cancer drug costs, and found them to be little more than myths that allow drug companies to increase their profits from cancer patients. Myth #1 - High Cost of Research & Drug Development The $1 billion price tag often quoted to research and develop a new drug has been found to be overinflated, with costs actually as low as 10% of that number. In reality, 85% of cancer basic research is funded through taxpayers’ money, not drug company money. Myth #2 - High Cost is Due to Great Benefit "A cost-benefit analysis reveals no correlation between price and benefits when measured by objective criteria such as survival or quality of life. One drug may prolong life by years and another by days, yet both carry similar price tags." Myth #3 - Competition Between Drug Companies Will Lead to Reasonable Prices With so few cancer drugs available from only a handful of companies, drug companies have avoided competing with lower prices. Instead they all keep prices artificially high, so all companies benefit. This creates a virtual monopoly. "Further, in many instances, patients may need to be treated with each of the approved drugs sequentially because many cancers are still incurable and each drug stops working after a period of time." Myth #4 - Controlling Prices Stifles Innovation "High profits are often channeled toward higher salaries and bonuses of drug companies’ CEOs, not invested back into cancer research. In a Forbes editorial, Peter Bach outlined how high drug prices may in fact stifle innovation. Sovaldi, the new hepatitis C drug, was estimated by Pharmasset, Inc, the original company that developed it, to sell at about $34,000 for a course of treatment. This was the price of the innovation. Gilead Sciences, Inc bought Pharmasset at an 89% premium, figuring they could charge any price they wished for Sovaldi, regardless of the consequences to patients. Gilead now charges $80,000 to $160,000 for a 3- to 6-month course of the drug. The added premium price is money diverted from innovation (investing in future research) as a result of distorted market mentality. The cost of drug production for a treatment course is only $138; outside the United States (India, Egypt, Spain), the price of a course of treatment is $900." The doctors gave several recommendations to reduce cancer drug costs, including allowing Medicare to negotiate drug prices, allowing experts to consider the efficacy of various drugs when determining their value, eliminate drug companies' ability to pay competitors not to produce a similar drug, allow importation of cancer drugs from other countries, and others. They also recommend drug companies be held to a mission of helping patients, not just maximizing profits.
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HealthDay News reports that the number of newborns treated for drug withdrawal in the United States has nearly quadrupled since 2004 - another sad result of the prescription opioid epidemic. 30% of mothers used prescription narcotic painkillers while pregnant Recent studies have found the use of prescription narcotic (opioid) painkillers during pregnancy to be surprisingly common, noting "Nearly 30 percent of the Tennessee mothers-to-be in the Pediatrics study used at least one of these drugs while pregnant, and the associated risks [of newborn drug withdrawal] went up if they also smoked or took antidepressants." Opioid painkillers include the drugs hydrocodone (Vicodin), oxycodone (Oxycontin), codeine and morphine. They were often used in women who had reported headaches, migraines or other musculoskeletal problems, as well as depression or anxiety. Along with drug withdrawal, the researchers noted that infants of mothers on prescription painkillers were "twice as likely as other newborns to be born at a low birth weight. They were also far more likely to have respiratory conditions, feeding difficulties and seizures." First an adult opioid epidemic, now drug withdrawal in newborns The opioid drug epidemic started a few years ago when experts recommended doctors treat their patients' pains more seriously. However, instead of encouraging patients to try effective conservative treatment like chiropractic or physical therapy, doctors dramatically increased their prescriptions of addictive opioid drugs. States including Ohio are now fighting to fix this drug epidemic; and now we know it's causing harm to more than just those taking the drugs. Pregnant mothers should minimize the medications they take to reduce the risk of health problems in their infants. Chiropractic treatment is proven to be an effective treatment for pregnant mothers with musculoskeletal pains and is a great way to avoid medications. Chiropractic care not only reduces the risk of injury to infants by avoiding medications, it can also provide further benefits by making labor and delivery easier. |
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October 2024
_Information and statements made are for education purposes and are not intended to replace the advice of your treating doctor. This blog is not a doctor and will not diagnose or treat your problems.
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