Prescription Drugs From Other Countries By Ed Henry -- Price of Liberty
12/03/08
Prescription Drugs From Other Countries
By Ed Henry
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August 23, 2004

Governor Rod Blagojevich of Illinois announced that his administration will set up an online clearing house for citizens of his state to order prescription drugs from Canada, Ireland, and the United Kingdom. He doesn't care if the federal government objects and, in fact, welcomes a lawsuit where the high prices Americans are charged by the big pharmaceutical houses are brought out in the open for discussion.

Speaker of the House, Dennis Hastert (R-Ill.) claims that the Governor can't guarantee the safety of these drugs and Blagojevich should be held personally liable for any death or illness caused by these prescription drugs from other countries.

The implications of the Speaker's comments are horrendous. Most of these drugs are manufactured by American pharmaceutical houses, some with their production facilities in places like Ireland. Does Mr. Hastert have some sort of insider information showing that these supposedly reputable manufacturers are dumping unsafe or inferior drugs in foreign countries? Is that what makes them unsafe? Or is it that Mr. Hastert feels these other countries are too dumb to know how to package, protect, store and ship these drugs, another example of American hubris or supreme arrogance?

We've all heard this booga-booga scare story before. It's nothing new, and it certainly isn't confined to the Speaker of the House.

The last time I wrote an article on the outrageous prices the pharmaceutical houses charge Americans who need their products, supposedly under the guise of having to cover their expensive costs in product research and development, I received an email from one of their defenders. In that note, he claimed that it costs the pharmaceutical industry over a billion dollars to research, develop, and experiment with a new drug and another billion to get it approved.

Having spent a good part of my life working in new product development for some of the largest corporations in America, including General Electric, General Motors, Kimberly-Clark and others, I can tell you flat out that the idea of spending one thousand million dollars on research and development for any product, except possibly space travel, is absolutely ridiculous. To then go on and claim that it takes another billion to get FDA approval is preposterous.

I've seen instances where the hard goods industry may spend thousands to develop and test prototype products and then spend thousands more to retool factories, but none of it would approach a billion dollars even including the costs of advertising, marketing, and retail outlets. And the pharmaceutical industry is dealing with chemicals and crucibles, maybe the costs of special rabbits, rats, and monkeys to test. Even if they spent a fortune on brain power, it still wouldn't make sense.

The one tremendous cost that the pharmaceutical industry does have is for lobbyists in Washington where they have more than one lobbyist for every member of the Senate and House of Representatives to protect themselves from regulation. How much do you suppose Dennis Hastert received for his scare story condemnation and for not doing his job in regulating a runaway industry?

Editor's note: The only thing that could guarantee honest competitive price and quality is the free market. As long as government is involved we will have to put up with all this nonsense and high prices - no matter where things come from. The most interesting thing to watch for in this particular situation is how fast it takes ALL of the major manufacturers to move out of the U.S.

Until the people of this country take honest steps to shut down government involvement in everything that is outside of their constitutional mandate, we will continue to suffer from the sweetheart relationship of government with big business. The only thing to keep in mind is that Pfizer doesn't cluster bomb their potential customers or use tanks to knock down their detractors. Their government buddies are more than happy to do so.

You can't expect government to effectively legislate low prices. Most people take far too much medicine as it is, both prescription and over the counter. Vote with your wallet. If enough people found alternate and healthy lifestyle answers to their medication uses, the major pharmaceutical companies would soon be hurting big time and begging for mercy. As long as people can blackmail the taxpayers into paying for all of their pills, the drug companies will remain fat and sassy.

Anybody want some clues how to cut down their use of Rx and OTC drugs? Write to me.

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