Monday, December 1, 2008

Psychotic pharmaceuticals

The European Commission have slated Big Pharma for blocking cheap medicines by using legal action and multiple patents. But who can blame them, they are in the business to make a profit and they are clearly good doing this.

The NHS spends £10 billion each year on medicines, all of which are produced by companies that exist to make a profit. They have backed pressure groups against NICE's decisions (Remember that NICE are there to make independent decisions about the efficacy of medicines). But who can blame them? These companies are designed to make the biggest profit that they can. Joel Bakan described corporations as psychotic. Maybe the government will nationalise, like the banks, them when they get into trouble...

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