Marcia Angell Speaks on Drug Companies Epic Profits

- Dr. Marcia Angell, former editor in chief of the New England Journal of Medicine

"The combined profits for the 10 drug companies in the Fortune 500 ($35.9 billion) were more than the profits for all the other 490 businesses put together ($33.7 billion) in 2002. Over the past two decades the pharmaceutical industry has moved very far from its original high purpose of discovering and producing useful new drugs. Now primarily a marketing machine to sell drugs of dubious benefit, this industry uses its wealth and power to co-opt every institution that might stand in its way, including the US Congress, the FDA, academic medical centers, and the medical profession itself."

Check out her book if you like:
The Truth About the Drug Companies:
How They Deceive Us and What to Do About It
Marcia Angell

Marcia Angell, M.D. (born April 20, 1939 in Knoxville, TN) is an American physician, author, and the first woman to serve as editor-in-chief of the New England Journal of Medicine (NEJM). She currently is a Senior Lecturer in the Department of Social Medicine at Harvard Medical School in Boston, Massachusetts.
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