Drugmakers Under Siege

September 3, 1999 • Volume 9, Issue 33
Do medications cost too much, and are they safe?
By Adriel Bettelheim

Introduction

Some politicians and advocacy groups think the government should do more to control prescription drug prices. (Photo Credit: Corbis Images)
Some politicians and advocacy groups think the government should do more to control prescription drug prices. (Photo Credit: Corbis Images)

After a decade of scientific breakthroughs and soaring profits, the pharmaceutical industry is encountering tough times. Consumers are frustrated at paying steep prices for new medications, and some politicians and advocacy groups are calling for new government regulations, perhaps including price controls. Drugmakers and their allies in Congress say such moves could halt the flow of promising new medications. Meanwhile, a separate debate is raging over the nation's drug-approval process. A series of recalls of prescription medicines is focusing more attention on the way the Food and Drug Administration reviews and approves drugs -- and whether it's possible to have a fail-safe system for monitoring dangerous drug reactions. Government regulators also are monitoring the surge in drug sales on the Internet.

ISSUE TRACKER for Related Reports
Pharmaceuticals
May 20, 2016  Prescription Drug Costs
Oct. 11, 2013  Regulating Pharmaceuticals
Oct. 09, 2009  Medication Abuse
Mar. 11, 2005  Drug Safety
Jun. 06, 2003  Drug Company Ethics
Sep. 03, 1999  Drugmakers Under Siege
Jul. 17, 1992  Prescription Drug Prices
Nov. 25, 1959  High Price of Drugs
BROWSE RELATED TOPICS:
Drug Abuse
Internet and Social Media
Pharmaceuticals