Do you know about - Direct buyer Advertising Raises the Cost of prescription Drugs
Permit Practice Test! Again, for I know. Ready to share new things that are useful. You and your friends.When one looks at television, a newspaper or a magazine it is impossible not to be inundated with ads for discrete prescribe drug medications. This was not all the time the case. In fact, not until 1997, when the Fda issued its guidelines for direct to consumer advertising, did this gigantic pharmaceutical advertising expenditure begin.
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It might interest some to know that only 2 countries in the world allow our brand of direct to consumer advertising of prescribe drugs: the United State and New Zealand.
The amounts of money involved are staggering. A study done by the Kaiser family Foundation in 2006 found that for every dollar a drug enterprise spent on advertising, it earned in further sales. Doesn't sound like much, does it?
But the real numbers put the impact in prospective. In 1999, just two years after the Fda permitted direct to consumer advertising in its current form, Pfizer spent 55 million advertising it's cholesterol lowering drug, Lipitor. Sales of Lipitor jumped 56% that year to almost .6 billion.
As advertising spending went up, the estimate of control exercised by the Fda fell. Agreeing to the New England Journal of Medicine, the Fda sent 142 violations letters to pharmaceutical companies in 1997. By 2006 the Fda sent only 21 violation letters.
As revenues from advertising grew, pharmaceutical companies found new ways to entice consumers to buy their brand. Celebrity advertising was born. Pfizer ran the now infamous commercials featuring Dr. Robert Jarvik promoting Lipitor "as a doctor and a father." As it turned out, Dr. Jarvik was not a licensed healing doctor despite his being the creator of the synthetic heart. Dr. Jarvik did have a healing degree from the University of Utah but after earning a healing degree, physicians must unblemished a series of tests to earn certification to institution medicine.
Reps. John D. Dingell (D-Mi), Chairman of the Committee on vigor and Commerce, and Bart Stupak, Chairman of the Subcommittee on Oversight and Investigations, launched an investigation into the misleading succeed of the ads on consumers which had been stylish by the Fda.
In February 2008 Pfizer agreed to withdraw the Lipitor advertising and promotions featuring Dr. Robert Jarvik. Rep. Dingell stated that "Pfizer's decision was a wise one, and I am pleased our investigation prompted the removal of Lipitor ads featuring Dr. Jarvik. We trust that Pfizer is sincere in its commitment to 'greater clarity' in its advertising. My colleagues and I look forward to meeting with Pfizer's supervision team to discuss their plans connected to direct-to-consumer advertising."
The Fda maintains that it continues to oversee direct to consumer advertising by drug companies to insure that ads are right balanced and accurate.
The Pharmaceutical research and Manufacturers of America (PhRma) represents the country's leading pharmaceutical research and biotechnology companies. This trade and lobbying group takes the official position that the purpose of direct to consumer marketing is to raise sick person awareness of diseases and treatments that might be available to treat them. Their studies show that direct to consumer advertising brings patients into their doctors' offices and starts leading doctor-patient conversations about health that might otherwise take place.
The drug manufactures is mounting major lobbying campaigns to have direct to consumer marketing allowed in Europe and Canada. The health performance International (Hai-Europe), in December 2001 set forth their thinking for lasting to ban direct advertising to consumers of prescribe drugs. Given the current turn over in the United States over health care reform some of their rationale is quite relevant.
The Hai-Europe gave 4 reasons for lasting the ban on direct to consumer advertising.
1.Direct to consumer advertising drives up prescribe drugs costs, threatening the sustainability of national health care services and universal access to health care as a basal human right.
2. Direct to consumer advertising fails to inform. It does not contribute the impartial, objective information consumers and patients need for informed health care decisions.
3. Direct to consumer advertising compromises public safety. It can lead to rapid full, exposure to dangerous drugs before risks are fully recognized. Additionally, most new drugs are costlier than existing treatments, but few contribute any therapeutic advantage.
4. Direct to consumer advertising promotes the medicalisation of normal life. The most heavily advertised drugs are for long-term use by large target audiences, often for mild conditions and 'lifestyle' problems that may not need drug therapy.
The turn over will continue but do not look for a turn in the advertising practices of U.S. Drug companies anytime soon.
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