Unless you do not own a television, you have likely seen the endless parade of commercials for drugs in this country. Apparently there is a medication that can fix any problem you have–hair loss, high cholesterol, even of course the dreaded erectile dysfunction. Drugs make corporations billions of dollars each year. If they didn’t you wouldn’t have to explain to your eight-year old why that couple on TV is lounging in two claw foot bath tubs on a mountaintop.
A major problem with a pharmaceutical industry that generates billions of dollars a year is that many corporations will do just about anything to get into that market and get a share of those drug profits. As a result, too often companies will rush a drug onto the market before it is fully tested, then market the drug aggressively, even for “off-label” uses, simply to increase profit margins. Even an established corporation like Johnson & Johnson is not immune. As reported by Stephen Brill, 91% of Johnson & Johnson profits derive from the sale of expensive medical devices like artificial hips and knees and pharmaceutical drug sales.
Risperdal is a prime example of a drug that generated billions of dollars in sales but also left thousands of people permanently disfigured or otherwise injured.