Pharmaceutical companies claim to spend about 35% of its total revenue on marketing. That may not seem too astronomical, but when you're talking an industry that does its business in the billions, it adds up quickly. The drug companies claim that in 2001 spent less money on advertising than they did on research and development (30.3 billion). In this article we will see how many pharmaceutical companies are actually spending advertising and how they are manipulating the facts in order to sell more prescription drugs.
Pharmaceutical companies splitting ad or marketing and administration as they like to call it, (this helps to give them another place to say that money is being spent more than advertising) in categories Basic: direct to consumer advertising (TV commercials), the campaigns of the doctors office, advertising in medical journals, and free samples for physicians. PhRMA reported in 2001 that total expenditures for all drug companies was 19.1 billion U.S. dollars, much lower than the 30.3 billion dollars spent on research and development. The fact is that the $ 19.1 was only part of it.
The $ 19.1 billion should be reported been a little closer to $ 54 million, which is 30% of the $ 179 billion recorded in the income recorded. So where is the missing 35 billion dollars? In the warning: "These figures do not include educational meetings organized by pharmaceutical companies to physicians, which are not generally considered advocacy. "Pretty good to have a category to launch any of the expenses not want to record.
One of the companies most common forms of drugs are using their advertising money is through sales of the doctor's office. In 2001 drug companies gave 11 billion dollars of "free samples" from and sent to 88,000 vendors to doctor's offices to promote their medicines. This is how drug companies from offering bribes physicians. Apart from the usual rounds of golf, free meals, "medical conferences, and free samples, a good example of a pharmaceutical company bribing doctors to use its product for Lupron.
When Lupron, a hormone treatment for prostate cancer, began to face competence of Zoladex, a new drug in the same market, the manufacturers of Lupron found a way to keep doctors prescribe their drugs on the new alternative. Lupron inflated the price of one dose of medication to $ 500 and then sold to doctors for $ 350. Medicare would then pay $ 500 for medicine and doctors would to maintain the "surplus", using taxpayer money to provide financial incentives to doctors to prescribe their drugs.
Where believe that drug companies get these billions of dollars to distribute advertising and bribery? They get it from inflating drug prices are not. If the government says we do not have price controls to promote a truly creative market leads to new innovative medicines. But price controls have just to create a way for pharmaceutical companies to raise prices there.
So where should you fill a prescription? In a separate market United States. A great resource for pharmacy cheaper and safer is NoPrescriptionNeeded.com. NPN allows you to search all the medication pharmacies like, and shows that pharmacies offer the cheapest medicine. They also have a pharmacy ranking system based on the comments left by other users, so the order of only the safest most reputable pharmacies.
Visit this Consumer Advocacy website for more information on ordering from an online no prescription pharmacy.
Tim Edwards is the President of No Prescription Needed.com and is the authority in the online pharmaceutical search resource industry. Greg Edwards has been reshaping the pharmacy resource industry since 1998. For more related articles or to subscribe to our feed please visit our blog:Greg has also composes health and pharmaceutical articles to keep the consumer updated and aware of the ever-changing pharmaceutical search industry. Shopper’s Drug Mart [http://shoppersdrugmart.blogspot.com]- Consumer’s Bible to BIG SAVINGS Online.
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