Comments on: The Failure of Pharmaceutical R&D: Policy & Markets (4/4) http://www.planetd.org/2006/08/28/the-failure-of-pharmaceutical-rd-policy-markets/ Critiquing the Politics, Policy & Practice of Development Tue, 07 Feb 2012 20:08:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Alex M Thomas http://www.planetd.org/2006/08/28/the-failure-of-pharmaceutical-rd-policy-markets/comment-page-1/#comment-41244 Alex M Thomas Thu, 31 Aug 2006 19:40:38 +0000 http://www.planetd.org/2006/08/28/the-failure-of-pharmaceutical-rd-policy-markets/#comment-41244 Dweep, I concur with your views. And i was talking about the book you mentioned. I am planning to read it soo. Thanks to you, for instilling an interest in the Drug sector. :) Dweep,
I concur with your views. And i was talking about the book you mentioned. I am planning to read it soo. Thanks to you, for instilling an interest in the Drug sector. :)

]]> By: Dweep Chanana http://www.planetd.org/2006/08/28/the-failure-of-pharmaceutical-rd-policy-markets/comment-page-1/#comment-41243 Dweep Chanana Thu, 31 Aug 2006 10:44:46 +0000 http://www.planetd.org/2006/08/28/the-failure-of-pharmaceutical-rd-policy-markets/#comment-41243 Hey Alex, Glad to see you are still around as well! Was a little busy planning my life - should have more time now :-) Thanks for pointing out Marcia Angell, I will definitely give it a read. I presume you mean her book The Truth About the Drug Companies: How They Deceive Us and What to Do About It? Interestingly, I found <a rel="nofollow" title="NYBooks: The Truth About Drug Companies" href="http://www.nybooks.com/articles/17244" rel="nofollow">this article</a> on NYBooks, discussing her book. She makes the point that the drug industry should be seen as a public utility, and raises concerns abouts lack of regulation. Also, the following quote seems to validate my concerns about the incentives of the patent and capitalist system: <blockquote>If I'm a manufacturer and I can change one molecule and get another twenty years of patent rights, and convince physicians to prescribe and consumers to demand the next form of Prilosec, or weekly Prozac instead of daily Prozac, just as my patent expires, then why would I be spending money on a lot less certain endeavor, which is looking for brand-new drugs?</blockquote> Hey Alex,
Glad to see you are still around as well! Was a little busy planning my life – should have more time now :-)

Thanks for pointing out Marcia Angell, I will definitely give it a read. I presume you mean her book The Truth About the Drug Companies: How They Deceive Us and What to Do About It?

Interestingly, I found this article on NYBooks, discussing her book. She makes the point that the drug industry should be seen as a public utility, and raises concerns abouts lack of regulation. Also, the following quote seems to validate my concerns about the incentives of the patent and capitalist system:

If I’m a manufacturer and I can change one molecule and get another twenty years of patent rights, and convince physicians to prescribe and consumers to demand the next form of Prilosec, or weekly Prozac instead of daily Prozac, just as my patent expires, then why would I be spending money on a lot less certain endeavor, which is looking for brand-new drugs?

]]> By: Alex M Thomas http://www.planetd.org/2006/08/28/the-failure-of-pharmaceutical-rd-policy-markets/comment-page-1/#comment-41241 Alex M Thomas Wed, 30 Aug 2006 15:50:49 +0000 http://www.planetd.org/2006/08/28/the-failure-of-pharmaceutical-rd-policy-markets/#comment-41241 Marcia Angell has written a book on drug companies. Have you read that? I am planning to do that soon. Good to see you back after a long gap!:) Marcia Angell has written a book on drug companies. Have you read that? I am planning to do that soon.

Good to see you back after a long gap!:)

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