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Nepotism, Cronyism Threaten Your Access To Compounded Drugs
Written by Wellness Club on July 10, 2013 – 11:57 am -Latest Update: July 30, 2013
Urgent Action Alert! Revised Compounding Bill Vote Possible Tomorrow!
A reworked version of the bill S959 is nearly four times longer—and is even more of a threat to your access to bioidentical hormones, non-standard thyroid medications, and other compounded medications that millions of people rely on. Action Alert!
S.959, the compounding bill we’ve been telling you about, has been rewritten, and it’s now 189 pages long, up from its original 50 pages. It’s technically a substitute bill in the form of an amendment. This means that when the old bill comes to the floor of the Senate, there will be a motion to substitute this new version. It will likely all happen very quickly—as early as tomorrow. There is a big push to get it through the Senate before the August recess on Friday. That’s why your immediate action is urgently needed!
Read the full article here: http://www.anh-usa.org/compounding-bill-vote-possible-tomorrow/
Or just click the green button below and give your representative an earfull!
An update to the continuing threat posed by S.959 — the Pharmaceutical Compounding Quality and Accountability Act
By Nurse Mark
With the revelations of the nepotism, cronyism, and incestuous relationships involved in the battle for market share and profits in the drug industry, S.959 — the Pharmaceutical Compounding Quality and Accountability Act is being pushed hard with legislators calling for a quick vote, presumably so they can get it passed before too many people notice the foul stink that surrounds it.
This bill would give the FDA, which has been historically biased against supplements and integrative medicine, far too much ability to ban compounded drugs such as thyroid medications and estriol and other hormones.
The big pharmaceutical companies, still smarting from the loss of profits suffered when their conventional hormone treatments were proven to cause heart disease and cancer, are determined to shut down custom compounded bioidentical hormones, making theirs the only hormones available to people like you.
This is purely about profit, and these big boys are playing hardball.
The main player, a specialty pharmaceutical company called TherapeuticsMD has admitted (boasted?) that they see these hormones as a $10 to $12 billion market which they want to control by offering an FDA-approved drug.
This bill is being pushed hard by powerful former politicians now working for the drug industry. There are extensive political connections including a key lobbyist who is married to a key Senate staffer. There is no shortage of conflicts of interest in this affair!
More information about this whole sordid mess can be found at the Alliance for Natural Health – including a detailed breakdown and expose of the interrelations of the various businesses, lobbyists, lawyers, and politicians. Learn more here: http://www.anh-usa.org/compounded-medications/
Here is an excerpt from the ANH-USA website on this subject – please use the “Take Action” button to send a message to your legislators:
Action Alert! Sen. Lamar Alexander (R-TN) is calling for a vote on S.959 as quickly as possible. Even if you sent Congress your message on S.959 previously, please write them again. We have added new information to the Action Alert letter, and it’s vital that we fight with all our strength against the powerful lobbyists and deep-pocketed drug companies to preserve our right to safe, inexpensive, effective compounded medicines. Please take action immediately!
And about that profit thing…
Is there any question left in anyone’s mind that the big drug companies could care less about your health? They sell an insanely profitable chemical – just like any crack or meth dealer does – and profit, not altruism or the love of mankind or a desire to make the world a better place, is their focus. To that end the lives shattered by their poisons are simply another notation on their profit and loss sheets.
Here are a couple of excerpts from a Bloomberg article of last year…
Pfizer Inc. (PFE), the world’s largest drugmaker, said in a securities filing that it has paid $896 million to resolve about 60 percent of the cases alleging its menopause drugs caused cancer in women.
Pfizer has now settled about 6,000 lawsuits that claim Prempro and other hormone-replacement drugs caused breast cancer, and it has set aside an additional $330 million to resolve the remaining 4,000 suits, according to a filing with the U.S. Securities and Exchange Commission.
and
More than 6 million women took Prempro and related menopause drugs to treat symptoms including hot flashes and mood swings before a 2002 study highlighted their links to cancer. Wyeth’s sales of the medicines, which are still on the market, exceeded $2 billion before the release of the Women’s Health Initiative, a study sponsored by the National Institutes of Health.
But instead of showing any concern for the women affected by this debacle, here is what one “fund manager” had to say about the affair:
“Resolving these cases gives investors one less thing to worry about.”
Touching… the warmth, concern, and humanity shown… (pardon my sarcasm!)
Just how much profit does it take for a drug company to be able to set aside billions of dollars to settle the inevitable lawsuits that are a cost of doing business?
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