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Science in Seconds - Generic Drugs

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Science in Seconds Know Everything RANTS - Generic Drugs Rheanna Sand: Generic products don't always live up to the brand name they're mimicking. But generic pharmaceuticals are not like other knockoffs: they have the potential to save millions of people from suffering. Because they're unfavorable to drug companies, they don't get to the people who need them most. Generic drugs are legally identical to their brand name counterparts. They have the same active ingredient, in the same dose, and deliver it in the same way as the original. The only reason they're cheaper is, once a patent runs out, many different companies begin producing the drug, and the competition drives prices down. Also, they don't waste billions of dollars advertising to people who aren't doctors. Big drug companies obviously don't like competition, and flex their power to maintain their share of the market. For example, generic drug makers are often paid off to delay the introduction of the generic to the public. Shady deals like these could be made illegal, but certain provision is accepted into the latest US Healthcare Reform Bill. The developing world is where generics could do the most good. When patent laws are suspended, generics are allowed to flood the market, and get more people access to much cheaper lifesaving medication. In Thailand, in 2002, the government won an appeal to create a generic to give millions of HIV sufferers longer lives. The pill, a three-drug cocktail anti-AIDS medication, drove monthly cost down from $600 to about $30 per month. But victories like this don't come up before a long drawn-out fight. In the end, it seems drug companies put patent rights in front of human lives. And for an industry supposedly based around health, this seems especially wrong. Courtesy of Science in Seconds – All rights reserved Only for educational/non-profit purposes. (Translators are invited to put their name here)

Video Details

Duration: 1 minute and 56 seconds
Year: 2010
Country: United States
Language: English
License: All rights reserved
Producer: Science in Seconds
Director: Science in Seconds
Views: 51
Posted by: tradottiinitaliano on Sep 10, 2011

What are generic drugs, and how can they help save millions of lives?

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