Typically, when people hire a security service, those people pay it.
In this case, for whatever reason that didn't happen and it's caught
between what it was designed to do and who pays the bills.
It doesn't take a rocket scientist to figure out who pays in the end or
that paying someone else to pay somebody is going to cost more.
It takes studying around 5,000 compounds to come up with one that might do
the job, another several million dollars to pre test it on animals to get
it approved FOR the next step even if the books are cooked a little.
THEN, come the triple blinds at 3 or 4 million a pop and mega law suits
if something got missed or 10 people out of a hundred thousand have a bad time.
It would be interesting to see what the "Pharms" profit margin really
is. The retail clothing industry runs at around 300%, Big oil at around
17%, WallyWorld at around 11%.
Search string: pharmaceutical industry profit margin
1,490,000 hits
Read
<http://www.cmaj.ca/cgi/content/full/171/12/1451>Excess in the
pharmaceutical industry -- Angell 171 (12): 1451
<http://www.cmaj.ca/cgi/content/full/171/12/1451>...
Pfizer, the world's number-one drug company, had a profit margin of 26% of
sales. In 2003, for the first time in over 2 decades, the pharmaceutical
industry ...
www.cmaj.ca/cgi/content/full/171/12/1451 - Similar pages
A big chunk of the expense looks like advertising.
[Buy generics [
Ode
At 07:57 AM 1/22/2008 -0800, you wrote:
Hi Joe,
No, you're not the only one. But, I venture to say that we ARE in the
minority. Regardless of whether you like, or how you interpreted his
comments what he stated was just a fact. The design or pretense of the
FDA (as I think of the entity) was to "protect" people against the
alleged unscrupulous. The real question is....who will protect the people
from the FDA.
joe bloggs <[email protected]> wrote:
Ode wrote:
.....The FDA was formed to get a handle on Cocaine and Opium Patent Medicine
salesmen.
Their job was to ensure drug safety because the people were too dumb to
not buy into that stuff and needed that protection....
------
Sorry Ode, but your take on human nature is a bit tainted. I mean, where
did you get the idea that we all need 'looking after'? I can fend quite
well for myself thank you very much and can well do without the
Government or any other regulatory body telling me what is 'for my own
good'. How insulting. I'm sure I'm not the only one who feels like
this. In fact, it is precisely the control freaks and manipulators that
have brainwashed people into believing that they cannot make decisions
for themselves. Please don't buy into that pretence, or repeat the
misinformation. Thanks.
Frankie
----------
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win prizes with Search Charades!
Regards, Carol Ann ~ The only thing that is different is how you think..
http://antwrp.gsfc.nasa.gov/apod/archivepix.html
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