In Case You Missed It: NBA in Baltimore

Topics

Pharmaceutical Industry
Why we allow Big Pharma to rip us off [Commentary]
Why we allow Big Pharma to rip us off [Commentary]

According to a new federal database put online last week, pharmaceutical companies and device makers paid doctors some $380 million in speaking and consulting fees over a five-month period in 2013. Some doctors received over $500,000 each, and some got millions of dollars in royalties from products they helped develop. Doctors claim these payments have no effect on what they prescribe. But why would drug companies shell out all of this money if it didn't provide them a healthy return on their investment? America spends a fortune on drugs, more per person than any other nation on earth, even though Americans are no healthier than the citizens of other advanced...

Loading