Tuesday, August 14, 2012

Communist propaganda about Big Pharma and innovation crisis?

The article in BMJ is highly recommended to read. A lot of facts in a form of cold numbers and a very sober conclusion:
Data indicate that the widely touted “innovation crisis” in pharmaceuticals is a myth. The real innovation crisis stems from current incentives that reward companies for developing large numbers of new drugs with few clinical advantages over existing ones.
Some quotes:
The preponderance of drugs without significant therapeutic gains dates all the way back to the “golden age” of innovation. Out of 218 drugs approved by the FDA from 1978 to 1989, only 34 (15.6%) were judged as important therapeutic gains. Covering a roughly similar time period (1974-94), the industry’s Barral report on all internationally marketed new drugs concluded that only 11% were therapeutically and pharmacologically innovative.13 Since the mid-1990s, independent reviews have also concluded that about 85-90% of all new drugs provide few or no clinical advantages for patients.
How have we reached a situation where so much appears to be spent on research and development, yet only about 1 in 10 newly approved medicines substantially benefits patients? The low bars of being better than placebo, using surrogate endpoints instead of hard clinical outcomes, or being non-inferior to a comparator, allow approval of medicines that may even be less effective or less safe than existing ones.
[M]arketing has become “the enemy of [real] innovation.” This perspective explains why companies think it is worthwhile paying not only for testing new drugs but also for thousands of trials of existing drugs in order to gain approval for new indications and expand the market. This corporate strategy works because marketing departments and large networks of sponsored clinical leaders succeed in persuading doctors to prescribe the new products. An analysis of Canada’s pharmaceutical expenditures found that 80% of the increase in its drug budget is spent on new medicines that offer few new benefits.
And the following quote is my favorite one!
This hidden business model for pharmaceutical research, sales, and profits has long depended less on the breakthrough research that executives emphasise than on rational actors exploiting ever broader and longer patents and other government protections against normal free market competition. Companies are delighted when research breakthroughs occur, but they do not depend on them, declarations to the contrary notwithstanding. The 1.3% of revenues devoted to discovering new molecules compares with the 25% that an independent analysis estimates is spent on promotion, and gives a ratio of basic research to marketing of 1:19.
There are a lot of other very interesting and reasonable ideas and facts in this article. I have written about the very bad situation with the innovations and how Big Pharma is not interested to promote them, Ok, but here we have a second opinion in face of two (I am sure) very clever and honest professors. I suspect that they have to be communists…

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