Will Big Pharma ever stop squeezing money out of people?

The relationship you have with your doctor is founded on trust, but your doctor or hospital might have a stronger obligation to “big pharma” than to your health.

The below infographic created by The Law Firm highlights the impact of big pharma on Americans.

Big pharma refers to the most influential pharmaceutical companies in the U.S., and this influence goes beyond profits. On average, Americans are spending $1,112 per capita on prescription drugs, four times more than Mexico. Also, the average child has four prescriptions filled per year, while adults fill 12 each year and seniors fill a whopping 27 separate prescriptions each year.

Between August 2013 and December 2014, these pharmaceutical companies spent $3.49 billion in disclosed payments. If you’ve been prescribed drugs from Johnson & Johnson, Pfizer or AstraZeneca, you might benefit from knowing these companies are spending a significant amount more on marketing than on research and development. Johnson & Johnson spent more than double on marketing in 2013, a total of $17.5 billion – and these companies aren’t alone. In fact, 90% of pharmaceutical companies engage in this practice.

If you’re a parent, you’ll be surprised to see that the two doctors earning the highest pharma profits are in family medicine and pediatric critical care. Even more, the top spending pharmaceutical company, Genentech Inc., spent a total of $388 million in payments to doctors. This company is behind the drugs Valium, Klonopin and Xenical.

These aren’t the only statistics presented in this infographic – and with a thorough read, you’ll be able to fully understand how you or your loved one’s health could be impacted in the pursuit of profits.

Take a look at the below infographic to learn more about the power and influence of pharmaceutical companies in the U.S., and how they can be stopped.

The original source of this article is Global Research

Copyright © Rebecca Hill, Global Research, 2017

REGISTER NOW

By Rebecca Hill

Rebecca Raney is an award-winning investigative journalist who covers pollinators, corporate influence on science, and the pesticide industry. She has contributed to The New York Times, and the American Association for the Advancement of Science, The Atlantic. For AAAS, she profiled some of the game-changing scientists of our time, with an emphasis on neuroscience and biotech. For The Times, she contributed to some of the biggest stories of the last decade, including coverage of the mass shooting in Las Vegas, which was recognized for staff reporting as a Finalist for the 2018 Pulitzer Prize for breaking news.  

Rebecca spent 10 years working for Southern California newspapers, where she covered earthquakes, riots, floods, forest fires, serial murders, economic boom, economic bust, California politics and the Internet. During the last few years of that stint, she trained editors and reporters in methods of using technology to improve news coverage. She has also taught data journalism at the Annenberg School at the University of Southern California.

 Other honors include top awards from the California Newspaper Publishers Association, the Best of Gannett and the National Council on Crime and Delinquency, as well as designation as a top-three finalist for the Livingston Award.

Contact Rebecca: [email protected]
Follow Rebecca on Twitter: @fairleyraney

(Source: globalresearch.ca; January 24, 2017; http://tinyurl.com/j5s9gjn)
Back to INF

Loading please wait...