US professor criticises medicines with ‘few benefits’
Report hits out at ‘hyped-up’ new drugs
Drug companies were accused yesterday of conning the public by hyping-up patented medicines with little new to offer while downplaying their side-effects.
An estimated 85% of new drugs offer few if any new benefits while having the potential to cause serious harm due to toxicity or misuse, a study has concluded.
The author of the research delivered a damning attack on “Big Pharma” at a meeting in the US. Professor Donald Light described the pharmaceutical industry as a “market for lemons” – where the seller knows much more than the buyer about the product, and takes advantage of this.
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