I try not to get into that because the presidents of the large pharmaceutical companies do not work for us, but the head of the FDA does. I think the presidents of some of the pharmaceutical companies have to answer to shareholders and the public, and one day they are going to have to answer to God. This book, and there is more research coming out, and the interesting thing is especially after Sarbanes-Oxley, we are going to find out more about how the money actually gets spent. I think we will find more and more of these pharmaceutical companies are spending more on advertising and marketing than they are on research and development. One of the things talked about in this book, there was a study done by the Boston Globe, and they took a close look at the 35 most important and top-selling drugs that the FDA approved over the previous 5 years. All but two of them had been brought through the R&D pipeline with the help of the NIH or the FDA.
Gilbert Gutknecht: “I try not to get into that because the presidents of the large pharmaceutical companies do not work for us, but the head…”
Editor's note · Context
Discussing pharmaceutical companies' spending on advertising versus research and development.
Share
More from Gilbert Gutknecht
I don't know if I would be happier if Americans are watching this debate, or if they are not watching the debate. I am an auctioneer and it sounds almost like an auction: no matter how much we spend it is not enough. But here is something…
I rise in support of H.R. 4200, the Forest Emergency Recovery and Research Act. We have heard so far this morning some people say that this bill is about somehow suspending the laws of science. But I would argue this bill is really about…
Sarajevo. I was in Sarajevo 10 years ago, and at that time the city was essentially in, the center city, essentially rubble. Many buildings had large pockmarks. Some of them are still there. Many, though, have been fixed; and it now is a…
I think the real progress that we are all looking for is for the Iraqis. Now that Prime Minister Maliki has got a government, and I think he needs to know that America is going to be there to support him. You know, I was misquoted that I…





