15 Things You Didn't Know About The Pharmaceutical Industry | Industry Wednesday
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In this Alux.com video we'll try to answer the following questions:
How much is the drug market worth?
How much the pharmaceutical industry is worth?
What is the largest pharmaceutical company in the world?
Is Pfizer the largest pharmaceutical company in the world?
Is GSK the largest pharmaceutical company?
How much money is spent per year on prescription drugs?
Who discovered the drug?
How much does the pharmaceutical industry spend on marketing?
How much money is spent on prescription drugs each year?
What countries allow drug companies to advertise?
Who invented the first antibiotic?
Do supplements make you thirsty?
How much does it cost to make a new drug?
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I am surprised that Generic drugs are not mentioned here and how much they are helping patients around the world with INDIA being the largest Generic drugs manufacturer in the world supplying life saving drugs at low cost.
Think about this.. New shingles vaccine.. two doses $200 per dose... $400 per person vaccinated. take 10% of our population (conservative number in the US sure its more) 400 million people. 40 million people x $400 per vaccine equals 16 BILLION dollars... Now that's a business model to study! Unbelievable... Legal thievery came to mind!!!
As per our research shows that pharmaceutical industry is cheating with people because most of diseases are not existed but companies are showing is life threatening e.g Cancer,Diabetes and Hypertension,kindly revert back if it's true
I think there's definitely some kind of "conspiracy" but it is understandable: the world's population is already massive and still growing. It's a natural behavior wanting to decrease our number for survival. It's just not handled the right way. China understood it well with the law of the one-child per family. That's the only solution which will not affect the health of the world's population and save some money for everybody. Pharma's will continue to make money because there will always be someone to cure and families will have only one child max to take care of (unless twins,triplets…).
Alux.com How about making a video "15 Things You Didn't Know About ISRAEL"? or "15 Things You Didn't Know About Zionism"? These two Subjects have REAL Value to Society. Question is do you have the Courage to make a video of true facts on these?
#7. It was NOT an HIV drug. It was an old and outdated drug to fight toxoplasmosis in immunocompromised patients. And the jail sentence was not for what was done in the pharma industry, but related to investment issues.
I would be careful to use the term 'toxic' when talking about long-term dosing. Then you step into the word "addiction". You're not going to get addicted to Aspirin or Advil.
Also, what you haven't mentioned are the long-term cashflows of such companies. They have lots of revenue, but their costs are astronomical. This industry is completely different than any other. That's why Shkreli had to increase his prices when he took over the company, to keep it in the game with new pipeline compounds. Most people know very little about this industry, not to mention basic food chemistry, not to mention genetics, diseases and immunology, or basic business.
The last companies you want closed are those that are providing medicines for you. And if you think it's a conspiracy, go hide in the hills.
By the grace of innovative and intelligent doctors like Neal Barnard, T. Colin Campbell, Micheal Gregor etc a whole plant based diet can be an effective cure to almost all diseases. Today it is proven that animal products are fatal for health. US government spends so much for the advertisements of meat, eggs, dairy. Its not about battle or envy but the only sustainable way of living is going vegan. So, go vegan if you want to overcome from such pills and medicines...:)
What's up fellow Aluxers!!!
My opinion on the big pharma conspiracy theory: "well Dr. Sebi won a case against the U.S. supreme court proving he has cured countless people of the diseases, cancer, HIV, diabetes, paralysis and blindness. His studies show the only true disease is mucus. I say all that to say, I agree the pharmaceutical industry is a big scam"
I can understand where the Aids conspiracies come from. In South Africa, there was never any research that linked Aids as an effect of HIV as cause. It’s the debate that got our former president fired, and I agree with his logic. Not only is the treatment been tested on a different population, while there was no local research. The logic is still not there. Medical aids classify and treat Aids as a chronic disease, but HIV is a communicable disease? And the disease entity is referred to as HIV/AIDS - see the lack of correlation? That is like an oxymoron HIV/AIDS
Great video! You are really good at picking interesting industries. 😁✌🏼 I think that pharma has it’s down sieds, but over all it is saving lots of lives and it have had a huge impact on human lives. 💉💪🏼🔝
I believe big pharmaceutical could have a cure for many diseases but if cancer gets cured, they shoot themselves in the foot. No more need for the meds. I also believe a lot of testing could be done with computers and not animals. Big pharmaceutical buys a lot of lunches for hospital staff. ...
well until you actually understand how cancer's manifest, then you can't make that assumption..The reason there won't be a 'cure' for cancer is that it's behaviour is so unpredictable. Modern medicine can only tackle parts of the cancer. It's growth rate...symptoms.. Also you can't do testing just with computers... We need to do pre-clinical testing (animals) and then clinical (humans). New drugs are very unpredictable.
Sure, that's induced. Inducing cancer through stresses, are completely natural as well. To say cancer doesn't exist in prehistoric populations is just wrong. If anything, you're not going to avoid such stresses these days.
If they can invent a holy grail of high pro glow and go motivate me some more long after morning coffee without the negative side effects of amphetamines, they will make so much money out of having so many happy customers who then work more to earn more and do more in life.
1- Selling cures is not profitable as everyone is looking for cash flow
2- Potential cure exists but for now are too expensive to engineer as technology gets better, it will become cheaper!
3-Nobody owes anyone anything unless you're under a signed contract!
4- Most diseases are curable! Except for the new one ( last 10 years) Almost all of them were cures from the black death to chicken pock!
5- I will invest my money where I want it to be!
1. Nobody will ever be in the business of selling cures. 2. Any potential cure would be too costly to buy. 3. Big Pharma doesn't owe anybody a cure. 4. Most diseases are not curable, but mostly treatable. 5. You're free to invest your billions into a cure for a disease that affects the world.
The Greek word “pharmakia” means to "use of drugs, medicines, potions, or spells; poisoning, witchcraft; remedy, cure," from pharmakeus (fem. pharmakis) "preparer of drugs, poisoner, sorcerer" from pharmakon "drug, poison, philter, charm, spell, enchantment." and yes I use them from time to time. US Patents For AIDS  And Patent For CURE  https://inpursuitofhappiness.wordpress.com/2008/02/13/us-patents-for-aids-1984-and-patent-for-cure-1997/. The top two paying jobs/careers are: Pharmaceutical and Bankers. Job well done Alux.com <3 <3 <3
Big Pharmacy something we need but maybe to big to fail, great video, my only problem with Pharmaceutical companies is that it seams like they have no liability after the fact once everyone is paid off, to say, from main street an then things that get Passed, they need to be responsible for the pain killers, that i think they knew what the consequences were, b 4 they pushed them out, would think thats part of their job an knowing the Statistics, like I always say we can put a man on the MOON 80 years ago But for some reason they cant figure out this, an then whats the responsibility of the Ethics of the doctor that knew that this was killing people an still pushing that shit out, knowing after seeing the effects an the demand for these pain killers, i think they need to be held accountable for the Epidemic that we have today an the last 20 years, some may disagree with me but one thing Obama did was to stop the Doctor hopping for these pain killers through systems like the Epic System if anyone knows what that is, it took what the last 40 years or so to hold the Tobacco company responsible for the Cancer of Cigarettes that kills more then the smokers, i remember when one could smoke in hospitals, air planes an grocery store plus holding your baby, now we have from Pain killers to Heroin that is cheaper then the pain killers that im thinking that worked hand an hand, like a fine peice of Equipment from one to another with nothing more then a hickup, i think somewhere there is a connection to these two, that we'll never find out because of the Billions that are being made in this country plus the world, not that it never died of Heroin, but just Multiplied in my life more then the 20's, i think they need to help pay for the damage they did the last 20 years or so, like rehab for those that just can't kick this habit, an then the patch that I know first hand, that helps my son from his Opiate addiction after 15 years its been a ruff an crazy life the last years but being a parent is being a parent for life, throught good an bad decision that sometimes one just can't walk out of
Lol what a coincidence here I am studying for my final exams in Chemical & Pharmaceutical Science and this video shows up, honestly I can't wait to finish university and work in a pharmaceutical company!
shan channel I am not saying J&J is a bad company, but they may use because you are naive. Start there great experience, but know that you might get promoted early, but you will be on low salaries compared to other companies. They give out 2&3% bonuses when other companies give up to 15%
Community pharmacists are the health professionals most accessible to the public. They supply medicines in accordance with a prescription or, when legally permitted, sell them without a prescription. In addition to ensuring an accurate supply of appropriate products, their professional activities also cover counselling of patients at the time of dispensing of prescription and non-prescription drugs, drug information to health professionals, patients and the general public, and participation in health-promotion programmes. They maintain links with other health professionals in primary health care.