Posted by Gary Schwitzer in Drug industry
Don’t hold your breath. It’s not going to happen.
Meantime, in one more way brand name drug makers promote their brand to doctors and patients – they are giving out $3 billion a year of their samples!
Katie Hobson on the Wall Street Journal HealthBlog writes:
To (roughly) put that in the larger context of pharma marketing, the (Congressional Budget Office) CBO reported last year that the drug industry spent “at least $20.5 billion” on other forms of marketing in 2008. Most of that, some $12 billion, not counting the cost of samples, went towards sales rep visits to doctors.The CBO estimated that the industry also spent $4.7 billion on direct-to-consumer ads, $3.4 billion on event and meeting sponsorships and $400 million on advertising to docs, in journals.
Disclaimer: I welcome comments but will delete those with any kind of product pitch, profanity, personal attacks or those from anyone who doesn’t list what appears to be an actual e-mail address. I will also end any thread of comments that are repetitive. Because I moderate comments, I can’t keep reacting to repeatedly inaccurate or unsubstantiated claims. We don't give medical advice so we won't respond to questions asking for it.
Deborah Walsh posted on June 7, 2010 at 8:59 am
I know many of us providers grumble at the cost of some of the drugs, when most of the generics are tried and true performers. However, those pesky samples can be a boon for those without insurance.