Pharmaceutical Drugs facts
While investigating facts about Pharmaceutical Drugs List and Pharmaceutical Drugs Made In China, I found out little known, but curios details like:
Dr. Frances Kelsey a female Canadian/American pharmacologist working for the FDA in the 1960s who stopped authorization of Thalidomide (a drug that caused the deformation in fetuses) saving countless children and also helping reform standards in the FDA/U.S against pharmaceutical companies
how pharmaceutical drugs are made?
The pharmaceutical drug industry actively recruits college cheerleaders as prescription drug reps to influence sales to male doctors
What pharmaceutical drugs alter membrane function?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what country produces the most pharmaceutical drugs. Here are 50 of the best facts about Pharmaceutical Drugs Meaning and Pharmaceutical Drugs Examples I managed to collect.
what pharmaceutical drugs are made in china?
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Over 30% of pharmaceuticals sold in developing countries are counterfeit. Roughly 50% of malaria drugs and up to 30% of antibiotics are counterfeit, mostly originating from India. Over 700,000 people die every year from consuming counterfeit drugs.
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Most drug overdose deaths are due to legal painkillers: "There's a general belief that because these are pharmaceutical drugs, they're safer than street drugs like heroin"
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In 1997, the FDA rules governing pharmaceutical advertising changed, allowing companies to name their drug and what it's for, while only naming the most significant potential side effects. Nielsen estimates there's an average of 80 drug ads every hour on American television, up from 3 in 1996
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Pharmaceutical companies pay their competitors to not make generic forms of their drugs so they can continue to charge more to consumers.
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Brazil went against pharmaceutical giants to become a model on HIV prevention and the United States was the only abstention in a UN meeting that declared HIV drugs to be a human right.
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The pharmaceutical company, Gilead, developed a drug that can cure Hepatitis C which led to plummeting stock prices as fewer patients required the drug due to the fact that it worked so well.
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Only two countries (US and New Zealand) allow pharmaceutical companies to advertise drugs directly to consumers.
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Pharmaceutical company Aventis stopped production of a cure for sleeping sickness, a lifesaving drug for millions of Africans, between 1995-2001 because it wasn’t making enough profit. Instead the product was marketed in the West as women’s facial hair removal cream.
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Valeant operating practice was gouging patients to beef up their returns while consolidating most of the pharmaceutical industry. Senators found the 30-year-old drug Syprine, which was acquired by Valeant in 2010, has seen a price increase of more than 3,000 per cent.
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In 2005, GlaxoSmithKline (a pharmaceutical giant) was sued for $610,000 by a straight man who claims their drugs turned him into a thrill-seeking, gay sex addict
Why pharmaceutical drugs are so expensive?
You can easily fact check why do pharmaceutical drugs cost so much by examining the linked well-known sources.
75% of the annual $700 million budget of the FDA is funded by pharmaceutical companies due to the "Prescription drug user fee act".
The 'Partnership for Drug-Free-Kids' is funded by Jazz Pharmaceuticals, Mallinckrodt Pharmaceuticals, Pharmaceutical Research & Manufacturers of America, Purdue Pharma, Millennium Health, and Pfizer Inc., among others - source
The Chinese Government Found That More Than 80% Of The Data Used In Clinical Trials Of New Pharmaceutical Drugs Have Been "Fabricated", And That The Behavior Persists At Almost Every Level - source
GlaxoSmithKline a Pharmaceutical Company Lost 3 Billion after Pleading Guilty to Labelling Wellbutrin as a Drug that Would make you "happy, horny and skinny"
Daniel Liu is a 12-year old UT Student that creates faster, cheaper way to make pharmaceutical drugs, agricultural pesticides - source
Drugs are called pharmaceutical drugs when they are developed?
In 2011 KV Pharmaceuticals increased the price of a previously inexpensive drug 2000% after getting 'orphan drug' status from the FDA and subsequently went out of business due to the public backlash.
How pharmaceutical drugs are developed?
The average cost to develop and obtain approval for a new pharmaceutical drug is $2.87 billion
In 2012 GlaxoSmithKline, the world's sixth largest pharmaceutical company as of 2015, pleaded guilty to promotion of drugs for unapproved uses, failure to report safety data, and kickbacks to physicians, in the United States and agreed to pay a $3 billion settlement.
Broadleaf plantain has application in pharmaceutical industry. Starch obtained from broadleaf plantain is neutral, but important ingredient of various drugs.
That, pharmaceutical company, GlaxoSmithKline tested experimental drugs on Hispanic and African American children in New York orphanages.
In 2007 Thailand legally circumvented Abbott Pharmaceutical's patent on AIDS drug Kaletra; in retaliation, Abbott pulled new medicines from being released to the Thai market.