Profiteering

We all know that pharmaceutical companies provide an essential service. They produce all the drugs needed to keep us healthy, and fund a large portion of the research into new therapies.

However, it is also the industry with the highest profit margins, higher than oil and gas, higher even than the banking sector. And an industry doesn’t win that crown without their fair share of underhandedness.
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The reproducibility problem

The scientific process is an amazing thing. Between the Palaeolithic era (the era between 2 million and 20,000 years ago) and the year 1900, the average life expectancy at birth hardly increased at all, remaining around 30 years. Since then, as a result of the application of the scientific process to health care, it has more than doubled, with the worldwide average now being 71 years. Consider that. In just 100 years we have given ourselves more life that we managed in the previous 2 million years! Through science (the process of making observations, developing a hypothesis, testing that hypothesis and then refining and building on it) we have transformed our lives. Continue reading