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Healthy Skepticism Library item: 9477

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

1990 Rise in prescription drug prices averages nearly 8%
American Journal of Hospital Pharmacy 1991 Jun; 48:1122


Abstract:

According to a report by First DataBank, a company that collects and maintains drug pricing information, prescription pharmaceutical prices increased an average of 7.7% for the yr ending 1990. The most widely used products had more dramatic price increases. The top 200 prescription drugs, which account for more than half of all prescriptions dispensed, increased an average of 10%. Categories of drugs with the largest price increases in 1990 were gastrointestinal drugs (average price increase, 24.9%), tranquilizers (11.3%), vasodilating agents (10.1%), and cardiac drugs (9%).

 

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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