Prescription drugs, they have always been given to us in regards to what are sickness is and whether or not they can or cannot help us. Pharmaceutical companies can easily spend years and more than $1 billion bringing a new drug to market, in part because they can’t find enough patients to do the required testing of the compound. This article I read was about five big drug makers, led by Pfizer (PFE), are planning to use electronic health data gathered from patients of 13 hospital systems across New York State to help them identify and enroll participants in drug studies. Once they determine how many patients might qualify and where they’re located, and get approval from a local ethics board, the hospitals would contact the patients’ doctors. A drug maker would have access to personal information only if the patient consents. Federal law bars medical providers, hospitals, and insurers from disclosing identifying information such as names, addresses, and Social Security numbers. So drug companies that want to test a new product or compound would pay PACeR to query the records systems of participating hospitals to compile a list of patients who match a trial’s requirements. This article is stating that drug making companies can get into patients profiles to see if they can qualify for new drugs and for them to be tested before they hit the market. Each query would cost between $50,000 and $200,000. But if it wasn’t for them being able to test on the patients it would cost $1 million a day, fritter away valuable months of patent protection, and allow rival developers to catch up. One remedy: pay hospitals to sift through the health records of their patients. This is showing that people can easily get into people’s files without them even knowing. Doctors and hospitals liked the idea because it makes them more attractive research partners. To end this off its showing doctors and drug makers are going to start giving test drugs to people in hospitals. Making them go into people’s files and make them see what it comes to going into peoples private files.
Classic picture. I found your blog to be very informative and had a lot of specifics on what exactly these drug making companies were doing and planned on doing in the future. Also, the numbers when it came to cost per day were outstanding, $1 million a day to try to get a new drug passed is unreal, im sure they could find a better function for that money than produce another meaningless drug, but then again whatever makes these large companies more money they are going to do, regardless of the integrity level or having any morals.
ReplyDelete