DrDan,
You make many good points, which I agree with mainly. However, lawsuits against drug companies a) are of no more financial impact on the companies than a flea bite to an elephant, and b) are not even remotely the cause of high drug prices. Just go to Yahoo Finance and look up the details of the profits of these drug companies. Usually a small amount if someone dies. I am not familiar with the issues oin implants. Yes, if the women were fully informed, then the law has provision to affix some of the blame to them. However, if the manufacturer lied or mis-represented the product and potential harm, they are liable for higher judgements.
These drug companies are the richest companies on earth. And they are also the greediest companies on earth. It is just so much fluff and bluster that they claim they have to "make up" for their big costs and lawsuits.
The so-called AIDS "cocktail" costs--from US drug companies--about $20,000 per year. It is available in India (where a great many drugs are manufactured for the US market by the way) -- the exact some concoction--for about $800 a year. But, is it against the LAW for me to order it from India (note: I don't need it; I do not have AIDS, just an example).
Okay so the drug companies need a "profit." But the difference between what it can be produced for, and what they actually charge here spells unfathomable greed to me. They charge the absolute maximum they can get away with--to people who are dying and for whom there is no alternative.
I think the medical establishment today has been taken over by the most heartless money-grubbing corporations. It is true that many people who work in health care, doctors and others, do care personally about the health of their patients.
But as a physician you know better than I the real situation in medicine today. It is getting worse, not better. See the current issue of the New Yorker Magazine, which exposes as a complete fraud of the 30 year so-called "war on cancer." That was just a ruse to collect money. More people die from cancer than ever, and there is NO cure in sight. Most all of the so-called new "breakthrough" drugs they tout on CBS Nightly News, just kill everybody. So they make another one, and get Dan Rather to get everyone's hopes up. The war on cancer is a total, utter failure. One in three women die from cancer; one in two men. And it is rising.
And consider heart disease, an even bigger killer. After all these years and untold biullions spent on "research," the most effective treatment they have come up with is to take an ASPIRIN???
Another good example is the treatment of gastric ulcers. That was scientifically PROVEN to be caused by a basteria. But the CURE was fought tooth and nail by the DRUG companies. Even today, when it is known that the ulcer drugs are ineffective and even the WRONG treatment, the drug companies prevail upon physicians to keep prescribing it. That would be a CRIME in any other business enterprise.
There are thousands of examples like this. So, I have no sympathy for drug companies. They have done a great job of brainwashing the public to accept thier rationale, but someday the drug companies will be proven to have been the ring leaders in a truly dark age for chronic and degenerative disease treatment. When profit is the sole and controlling motive, the real aim and purpsoe of medicine and healing is lost. In my view, that is our situation today.
~ Rant mode off ~
BobT.
A Indiana Boy