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Cancer Drug Company Accused of Hiding Cheap Alternative Artificially jacking up prices
Pharmaceutical companies have been known to discredit natural, cheap solutions that compete with their high-dollar drugs. Now, the British Medical Journal has unraveled new research revealing how the makers of a cancer drug are blocking public access to a cheaper, safe, and effective alternative.
The BMJ explains that Novartis, a company which markets a licensed cancer drug known as Lucentis, which is used for macular degeneration, tried to derail research on another treatment called Avastin. Novartis denies this claim, but they have the market cornered because they sell the only officially licensed drug in the UK.
Many doctors use Avastin as a cheaper but unlicensed alternative to treat wet age-related macular degeneration (AMD), which affects more than 26,000 people in the UK annually. Approximately 11 million in the US have been diagnosed with some sort of macular degeneration with that number expected to double by 2050.
Philosophers stone – selected views from the boat
http://philosophers-stone.co.uk
Source: http://philosophers-stone.co.uk/wordpress/2015/04/cancer-drug-company-accused-of-hiding-cheap-alternative-artificially-jacking-up-prices/
