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Healthy Skepticism Library item: 10526

Warning: This library includes all items relevant to health product marketing that we are aware of regardless of quality. Often we do not agree with all or part of the contents.

 

Publication type: Journal Article

Oreskovic S.
Pharmacoeconomics - Concepts, methods and controverses
Medicus 2002; 11:(1):27-36


Abstract:

Pharmacoeconomics is a modern scientific branch of medicine whose importance in drug development and marketing began to be recognized in the 1990-ties. It is expected that its importance will continue to grow in the 21 century as well. Health insurance societies, ministries of health, medical schools, schools for public health and the pharmaceutical industry are being aware of the importance of specialising and gaining knowledge in this particular field. The rising costs of medical care lead the manufacturers and buyers of medical instruments and pharmaceutical products to recognize the need to evaluate and compare the cost of investments and expenditures regarding the effects achieved. This surpasses the traditional criteria of efficacy and safety valid before the advent of pharmacoeconomics in investigation, registration, financing, prescribing and utilization of drugs.

 

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Cases of wilful misrepresentation are a rarity in medical advertising. For every advertisement in which nonexistent doctors are called on to testify or deliberately irrelevant references are bunched up in [fine print], you will find a hundred or more whose greatest offenses are unquestioning enthusiasm and the skill to communicate it.

The best defence the physician can muster against this kind of advertising is a healthy skepticism and a willingness, not always apparent in the past, to do his homework. He must cultivate a flair for spotting the logical loophole, the invalid clinical trial, the unreliable or meaningless testimonial, the unneeded improvement and the unlikely claim. Above all, he must develop greater resistance to the lure of the fashionable and the new.
- Pierre R. Garai (advertising executive) 1963