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Pepin’s
Pharmaceutical Prattle
for
02-02-2004 |
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Quote of
the day:
The public will believe anything, so long as it
is not founded on truth. Edith Sitwell (1887 - 1964)
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Good
morning!
By
now the Super bowl is over…. your team either won or gave a
valiant effort. You watched the new commercials which cost
$70,000 per second and may actually remember them for
awhile. Your Super Bowl party may have cost a bit "but was worth
it". If your team actually was in it then you may have been
wearing their colors. If you attended then there was the price
of the ticket, travel, hotel, parking, food and a souvenir or
two. People don't seem to mind spending money on sports and
leisure. Stadium bills abound… in Minnesota the Twins, Vikings
and Minnesota Gophers each want a new stadium with taxpayer
support. It appears to me that we have come to the point that
the Roman Empire reached at its peak…. Coliseums and spectacle
for the masses…. that was just before their fall from world
power. Except for the public subsidies, people seem to
understand that they have to pay for the "sports and leisure
stuff" they consume. For all that is spent on fun and games
people will still complain about outlay of cash for necessities
such as prescription drugs. Here they want someone else to pay
for what they consume. See item 2 for some projections of drugs
for seniors. We must get in the mindset that we take care of
necessities by ourselves first and THEN use the "leftovers" for
recreation. Don't get confused or future archeologists will be
studying the ruins of our stadiums and lamenting our downfall.
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1)
Blame
game volley says FDA responsible for high drug costs! |
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True that it does cost a lot of money to satisfy
the FDA that a new drug is both safe and effective. Research is
expensive. Researchers and facilities are not cheap. (Ever price
even a used piece of lab equipment?) Universities and hospitals
extract additional fees for administering the projects (…and the
use of their prestigious names). Much of the $800 million
dollars it takes to bring a new drug to market is related to
sales and marketing but what the "free-market" people REALLY
don't like are patents. Patents are the only things that makes
the investment of so much money into the development of new
drugs worth the investment.
http://www.forbes.com/personalfinance/retirement/newswire/2004/01/27/rtr1230471.html |
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2)
In
the words of Gomer Pyle, "Surprise…surprise"... Drug bill to
cost more than original estimates. |
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In
his book, AGE POWER, Ken Dychtwald, the geriatric futurist shows
projections of 45,000,000 Americans over age 65 by 2010. If the
average drug spend for each senior is now $1,500 per year then,
doing the math, we would expect $60 billion is being spent by/on
our 40 million seniors THIS year. If we "trend the spend" by
16% per year then the seniors would spend $3654 each in 2010.
That works out to $164 Billion just in the year 2010. We will
need a means test….like it or not!
http://www.washingtonpost.com/wp-dyn/articles/A63427-2004Jan30.html |
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3)
Generic Wellbutrin SR coming to a store near you. |
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Judge rules on patent and will allow the generic
form to be sold. This is the antidepressant that is also sold
for smoking cessation as Zyban. If you have a generic policy in
plave that favors or forces generics than you are covered. If
you don't then you probably don't read the ppp in the first
place or have so much money that it really doesn't matter.
http://sanfrancisco.bizjournals.com/sanfrancisco/stories/2002/08/26/daily6.html |
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7)
Some
good about mosquitoes? !!!! |
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I hate the little buggers and hope that this cold
snap does them major damage…. but a misquito born virus
selectively attacks mouse tumors and leaves good cells alone. It
may be a good research area but I'll wait for the vaccine.
http://scienceblog.com/community/article2234.html |
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Have a
SUPER-FANTASTIC week.
Steve
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Disclaimer: "Pepin's
Pharmaceutical Prattle" (AKA "The Prattle") is the property of
PHARMWORKS,
LLC and Steven M. Pepin, Pharm. D, BCPS. The opinions expressed
are those of the bald-headed author. To start or stop any drug
without the advice and supervision of your physician would be
stupid. So don't do anything based upon what you read here
without professional advice. To be added to or removed from the
distribution list please e-mail your request to spepin@pharmworks.com
. All insightful comments from readers are thoughtfully
considered (the rest are callously discarded). Copyright
1998-2004 PHARMWORKS,LLC
all rights reserved.
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