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Healthy Skepticism Library item: 7924

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

Pal S.
Generic industry market review
US Pharmacist 1999 Nov; 19:(24):9, 14-15, 22-23, 30, 34


Abstract:

A marketing overview of the generic drug industry is presented, including the U.S. market for generic drugs by type, months needed for the U. S. Food and Drug Administration (FDA) to approve a generic drug from 1993 to 1998, share of generics in the prescription drug market from 1984-1998, innovator drugs facing rapid growth of generic competition, the economic impact of generic drugs, and the impact of health maintenance organizations (HMOs) on generic drug substitution and sales.

 

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Far too large a section of the treatment of disease is to-day controlled by the big manufacturing pharmacists, who have enslaved us in a plausible pseudo-science...
The blind faith which some men have in medicines illustrates too often the greatest of all human capacities - the capacity for self deception...
Some one will say, Is this all your science has to tell us? Is this the outcome of decades of good clinical work, of patient study of the disease, of anxious trial in such good faith of so many drugs? Give us back the childlike trust of the fathers in antimony and in the lancet rather than this cold nihilism. Not at all! Let us accept the truth, however unpleasant it may be, and with the death rate staring us in the face, let us not be deceived with vain fancies...
we need a stern, iconoclastic spirit which leads, not to nihilism, but to an active skepticism - not the passive skepticism, born of despair, but the active skepticism born of a knowledge that recognizes its limitations and knows full well that only in this attitude of mind can true progress be made.
- William Osler 1909