Edward Griffin. Tyler Miller Jr. Benton Jr. Rule of Law - Dennis Ridley. Van Note. Download Work Rules! Gregory Mankiw. Chan Kim. The widespread use of generic drugs has been hailed as one of the most important public health developments of the twentieth century. Today, almost 90 percent of our pharmaceutical market is comprised of generics, the majority of which are manufactured overseas.
We have been reassured by our pharmacists, our doctors, and our regulators that the generic and brand-name drugs are identical, generics just cheaper. But is this really true? Drawing on exclusive accounts from whistleblowers, inspectors, and regulators, as well as thousands of pages of confidential internal FDA documents, Eban reveals an industry where fraud is rampant, companies falsify data, and executives circumvent almost every principle of safe manufacturing to minimize cost and maximize profit.
Meanwhile, patients unwittingly consume adulterated medicine with unpredictable and even life-threatening effects. The story of generic drugs is truly global: it connects middle America to sub-Saharan Africa, China, India, and Brazil, and encompasses every market banking on the promise of a low-cost cure. Given that tens of millions of patients take drugs of dubious quality approved with fake data, the generics industry is the ultimate litmus test of globalization: what is the risk of moving drug manufacturing offshore, and is it worth the savings?
Bottle of Lies is an important work of investigative journalism. Anyone who takes prescription drugs should read it. In her bracing, panoramic account, Katherine Eban expertly unspools a colossal fraud with momentous implications for public health…This book is so alarming in places that it reads like a dystopian medical thriller. I know her to be an excellent researcher and a great author. Having just finished the book, I can say I was not disappointed.
At least I was not disappointed in the author. Bottle of Lies is the pharmaceutical, biotechnological industry, and medicine book which tells the reality of medicine we use in our life.
Bottle of Lies is the medicine, biotechnological industry and a pharmaceutical book that briefly explains the involvement of drugs in the medicine. Katherine Eban is the author of this superb book. She is an award-winning journalist and author who makes an aim in her life to expose life-threatening medicine. One of the biggest industries of the world is medicine and it is increasing with the passage of time.
We all use the medicine in our life to get the cure and it helps us to get our strength back. Now I know it can be a lot different and also contaminated. I assumed the patent covered the process of how to make the drug, not just the chemical. If the government wants people to take the drug, then the process should be part of the patent and made known in order for them to be the same.
Add laws and politics that encourage greed, corruption, denial, and cover-ups and you have a toxic and sometimes deadly mix. There is an old scripture that we seldom hear anymore - "The love of money is the root of ALL evil. And the patients in third world countries are getting hammered worse than us.
How very, very sad!! People have told me that the reason drugs are so cheap in Africa is that they are cheap to manufacture and in the United States we are suckers paying drug companies. Mow I know that those drugs sold in Africa may be made in somebody's house and maybe fully fraudulent due to lack of regulation. I wanted to like this book and while I agree with the findings, I was majorly disappointed at how it was presented.
Born and brought up in India and now in the US working in Big Pharma, the subject matter is close to me both personally and professionally. I remember reading about the Ranbaxy case and was glad they got the stick would've been great if someone had gone to jail as well. But overall the book was disappointing.
Here are the problems I have with this book: 1. While it was great to read something that doesn't bash Big Pharma ; the whole premise of Genrics-Bad, Branded-Good is a gross oversimplification of reality. Yes, its true that branded drugs for the most part are of higher quality than some generics, its not because of the goodness of the hearts of C-suites or any drive towards achieving highest quality.
It's because they are under direct FDA control and face the dangers of class action lawsuits. Overseas generics are not and can therefore skimp on quality. Since quality is directly proportional to costs, one way to maximize profits is cutting down on quality.
Hence to say West is more about quality and SE Asia in not, is incorrect. The most vexing aspect of this book was the "corruption is in the Indian culture" narrative. To malign an entire population is wrong. I lived long enough in India to see corruption in action so I'm not naive about it. The book mentions a couple of employees who were caught redhanded making statements to the effect "doing-such-and-such-is-in-our-culture". If anyone believes in these dog ate my homework excuses, thats because they want to believe it.
The fact is, every race, every nationality has good and bad people. The book mentions of several Indian employees working for tainted companies who did not want to participate in the nefarious schemes and put the blame squarely on higher management.
Would anyone be surprised to find out about C-suites and boardrooms directly involved in crimes and coverups?
Corporate greed is everywhere not just in India or China. There were instances where the author makes emphatic accusations without proof. The plants were cheating with data fabrication etc and the evidence against that was ironclad, so why make petty accusations without evidence? Especially since, in hindsight, nothing happened to the health and safety of the inspectors. Katherine Eban, take a bow.
With her comically terrible pronunciations, she took it to a level I didn't know existed. Drug product quality is an extremely important issue facing our societies.
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