Have any of you folks heard of this French fellow, Jean-Paul Garnier? No, he's not a swiss chocolate maker -- he's the chief henchman honcho at Glaxo-Smith-Kline-Beecham-Burroughs-Welcome --a big ass Pharma conglomerate.
GlaxoSmithKline PLC's chief executive Jean-Pierre Garnier told Manager Magazin that he foresees several pharmaceutical companies folding in the next few years because of increasing outlays for research.
Well, we like folding pharma companies. That's a good thing!
'Of the 15 pharma companies that have a significant role in the world, only a handful will remain,' Garnier said in an interview to be published on Friday.
Again, we say "good"!
'Hardly any of the large companies are in the position right now to invest enough money into research,' Garnier continued.
Huh?!!? Then where are they investing all that dough, we ask?
Garnier said pharmaceutical companies invest too much money in advertising and marketing at the expense of more research, development and production.
Ahh, we get it -- the king of the snake-oil salesmen coyly let's us in on the scam.
Umm, Jean-Paul -- here's a thought. You're the frickin' CEO -- if you're spending too much $$ on advertising to pimp your drugs, well then, spend less.
You know he's just working the crowd, Hank. "Hey, you guys know all those great drugs we've being creating? Well, unless you give us a break, stop regulating us, give us some incentives, stop fining us, well... we just won't be able to save your lives anymore". Big Pharma ain't going nowhere, anymore than Big Energy is, or the Military/Industrial Complex. And no, I'm not suddenly being paranoid. It's just the reality of big business.
Posted by: Johnny B. | August 26, 2006 at 12:00 PM
Wow, then we all might have to go back to more natural ways of treating our ills, what a concept! I wonder how many lives would then be saved?
Have you noticed all the ads for drugs on television? Why would the drug industry advertise to people who cannot prescribe drugs for them? After having wined, dined and free cruises for the docs, now they are going through the back door to the unsuspecting public. Do you ever listen to their drug advertisments and all of the obnoxious side effects? Make one wonder why anyone in their right mind would ask one's doctor to prescribe them.
Posted by: noreen martin | August 26, 2006 at 12:27 PM
Some guy who can't get an erection will put up with a lot to find a remedy. And the drug companies know that if you demand that your doctor give it to you and he refuses, you are just going to go to another doctor who will.
Posted by: Johnny B. | August 26, 2006 at 03:03 PM
Reminds me when mothers told their children not to masturbate as they would go blind. Now, thanks to all these new, sex drugs the possibility is real. I can't image wanting to have sex at will at the risk of blindness.
Posted by: noreen martin | August 26, 2006 at 03:40 PM
It's a "guy thing"!
Posted by: Johnny B. | August 26, 2006 at 07:34 PM
I mean - not for ME, but that's what Hank told me.
Posted by: Johnny B. | August 26, 2006 at 07:35 PM