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Healthy Skepticism Library item: 1970

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: news

Petersen M.
Less return in marketing of medicines, a study says
New York Times 2002 Dec 12
http://www.nytimes.com/2002/12/12/business/12DRUG.html


Abstract:

Market analysis firm Datamonitor reports that increases in promotional spending by major pharmaceutical makers in past four years have caused each dollar spent on marketing to garner less in sales than previously; top drug companies generated $17 in sales from each dollar spent on marketing in 2001, down from $22.50 in 1998

Keywords:
feature story United States

 

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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