Need more be said? I'm not optimistic; the war is far from being over. Big Pharma is absolutely desperate for new drug pipelines to appease shareholders and cronies as virtually everything runs out of patent protection over the next few years. ex: As hard as it may be to believe, toxic crap like Nexium and Crestor accounts for a whopping 1/3rd of AstraZeneca's almost 26 billion in revenue. Nexium's patent expired this year and Crestor is next year. The industry is not going to just sit by and go into voluntary bankruptcy, no siree Bob!
[quote=http://www.lifeextension.com/Magazine/2 ... ne/Page-01]
While natural and holistic medicine are getting a big positive push forward, equally negative developments are occurring regarding conventional medicine:
The percentage of our GDP allocated to healthcare expenditures is gradually increasing; it was 5.2% in 1960 and is estimated to reach nearly 20% by 2021.
The US spends nearly twice as much as other industrialized countries on healthcare (per capita) and yet ranks near the bottom in practically every measure of population health.
About 95% of every healthcare dollar is spent on treatment and less than 5% on prevention, despite the fact that over 70% of many deadly diseases, such as type II diabetes, coronary artery disease, stroke, and colon cancer are preventable by lifestyle choices.
An article in the New England Journal of Medicine reported that over $100 billion was spent on balloon angioplasty and coronary artery bypass grafting (CABG) in 2007, yet only 3% of bypass patients experienced prolonged life span.
Prescription drugs cause 700,000 emergency room visits each year and over 41,000 deaths.
Recent evidence estimates that there are over 400,000 avoidable hospital deaths each year.
In the book Death By Medicine by Gary Null, et al., the total number of avoidable deaths by conventional medicine was placed at over 783,936 per year.
Dr. David Eddy did a study on the scientific evidence behind conventional medical treatments. An article in Business Week Magazine in 2006 quoted Dr. Eddy’s study and declared that only 20 to 25% of what was being done to treat patients has been proven effective.
The Journal of Clinical Evidence reports that only 11% of typical conventional medical treatments may be categorized as beneficial, by randomized controlled trials.
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Last edited by MachineGhost on Fri May 22, 2015 1:23 pm, edited 1 time in total.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Libertarian666 wrote:
I'm waiting for them to require everyone to take statins starting at birth.
Or the day they push to add statins to our water supply...
"There’s nothing wrong with Harry’s portfolio—nothing at all—but there’s everything wrong with his followers, who seem, on average, to chase performance the way dogs chase cars."
Col. Jack Ripper wrote:A foreign substance is introduced into our precious bodily fluids without the knowledge of the individual. Certainly without any choice. That's the way your hard-core Commie works. ... do you realize that in addition to fluoridating statinating water, why, there are studies underway to fluoridate statinate salt, flour, fruit juices, soup, sugar, milk... ice cream. Ice cream, Mandrake, children's ice cream.
It is the settled policy of America, that as peace is better than war, war is better than tribute. The United States, while they wish for war with no nation, will buy peace with none"James Madison
dualstow wrote:
Time to get back into (ticker) VHT?
You're a little late... look at IBB's performance over past year or two. Big Pharma is buying out biotech's pipelines -- they have no choice if they want to survive.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
AstraZeneca's goal of topping $45B in revenue by 2023 has been dealt a severe blow by a problem with an experimental psoriasis drug that the company had viewed as a potential billion-dollar plus seller. Amgen (NASDAQ:AMGN), its partner on the project, announced late on Friday it was ending a collaboration to develop brodalumab after suicidal thoughts were observed in patients taking the medicine. AZN -1.6%; AMGN -0.8% premarket.
Tough business when you got to compete against effective, low-cost dietary supplements.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
MachineGhost wrote:
AstraZeneca's goal of topping $45B in revenue by 2023 has been dealt a severe blow by a problem with an experimental psoriasis drug that the company had viewed as a potential billion-dollar plus seller. Amgen (NASDAQ:AMGN), its partner on the project, announced late on Friday it was ending a collaboration to develop brodalumab after suicidal thoughts were observed in patients taking the medicine. AZN -1.6%; AMGN -0.8% premarket.
Tough business when you got to compete against effective, low-cost dietary supplements.
Which is exactly why they want to have those banned, as I believe some are in some countries in Europe.
