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G-Man
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« on: August 23, 2022, 11:52:54 AM » |
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Some of you know that I work for one of those evil, profit making drug companies.
Was in a meeting today and one of the presentations was about the regulations and application process for the crazy drug names that are being approved as of late. There is an entire team at the companies who job is to come up with these names. They have to submit studies about handwriting, about how it sounds when spoken, how the way it's written and sounds compares to other drugs on the market. The reports in the applications include hundreds of samples of the name written in print and in script and how the name sounds in multiple languages compared to other drugs already on the market. Certain class of drugs have designated prefixes or suffixes that have to be used but can't be used on a drug not in that class. And on and on and on. Some of the newest approvals are for drugs with so many consonants, they look like Russian or Polish last names. And then, after you send in the application, with all of your studies and reports, the FDA takes 3 months on average to return their Yes or No. If they say NO, you have to go through the process all over again.
And how much do you think all of this costs the company? Just for a name.
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Grandpot
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Posts: 630
Rolling Thunder South Carolina Chapter 1
Fort Mill, South Carolina
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« Reply #1 on: August 23, 2022, 01:09:15 PM » |
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Are those the same folks that lay out the traffic patterns in mall parking lots?  |
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 Experience is recognizing the same mistake every time you make it. |
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« Reply #2 on: August 23, 2022, 01:22:25 PM » |
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Some of you know that I work for one of those evil, profit making drug companies.
Was in a meeting today and one of the presentations was about the regulations and application process for the crazy drug names that are being approved as of late. There is an entire team at the companies who job is to come up with these names. They have to submit studies about handwriting, about how it sounds when spoken, how the way it's written and sounds compares to other drugs on the market. The reports in the applications include hundreds of samples of the name written in print and in script and how the name sounds in multiple languages compared to other drugs already on the market. Certain class of drugs have designated prefixes or suffixes that have to be used but can't be used on a drug not in that class. And on and on and on. Some of the newest approvals are for drugs with so many consonants, they look like Russian or Polish last names. And then, after you send in the application, with all of your studies and reports, the FDA takes 3 months on average to return their Yes or No. If they say NO, you have to go through the process all over again.
And how much do you think all of this costs the company? Just for a name.
I worked for a global pharma for a while. Just at the point when all the freebies to Drs etc got banned. Oh boy that was a crazy time trying to phase out stuff, destroy stuff with proof of destruction. Give away stuff to non profits. |
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Serk
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« Reply #3 on: August 23, 2022, 01:37:16 PM » |
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That's part of the reason it costs an average of over $1,000,000,000 (That costs more than buying a congressman even!) to bring a new drug to market...
...and people wonder why the fancy new Rx are so expensive.....
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Never ask a geek 'Why?',just nod your head and slowly back away...  IBA# 22107 VRCC# 7976 VRCCDS# 226 1998 Valkyrie Standard 2008 Gold Wing Taxation is theft. μολὼν λαβέ |
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Valkorado
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Posts: 10491
VRCC DS 0242
Gunnison, Colorado (7,703') Here there be twisties.
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« Reply #4 on: August 23, 2022, 01:40:43 PM » |
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But the names are so trendy, and the people on the ads all seem so joyful and vibrant. I've heard that many physicians loathe having patients come in asking for over hyped drugs by their cute call names. Some don't even have the prerequisite conditions the meds call for! They want the pill before the ill. It seems potential side effects require speed talkers to cover them all in 30 second ads. They're probably paid well, too. |
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Have you ever noticed when you're feeling really good, there's always a pigeon that'll come sh!t on your hood? - John Prine 97 Tourer "Silver Bullet" 01 Interstate "Ruby"  |
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old2soon
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« Reply #5 on: August 23, 2022, 01:48:18 PM » |
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You Must REMEMBER that silly azzed "name" cuz in 8 or 10 years maybe a bit less that "name" will be used in a class action suit with certain "symptons"!  But Gary I know what yer sayin here. RIDE SAFE. |
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Today is the tommorow you worried about yesterday. If at first you don't succeed screw it-save it for nite check. 1964 1968 U S Navy. Two cruises off Nam.
VRCCDS0240 2012 GL1800 Gold Wing Motor Trike conversion
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Jess from VA
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« Reply #6 on: August 23, 2022, 01:52:56 PM » |
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Add to this, every drug has to have two names. Like they all have an alias.  |
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G-Man
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« Reply #7 on: August 24, 2022, 06:42:19 AM » |
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Some of you know that I work for one of those evil, profit making drug companies.
Was in a meeting today and one of the presentations was about the regulations and application process for the crazy drug names that are being approved as of late. There is an entire team at the companies who job is to come up with these names. They have to submit studies about handwriting, about how it sounds when spoken, how the way it's written and sounds compares to other drugs on the market. The reports in the applications include hundreds of samples of the name written in print and in script and how the name sounds in multiple languages compared to other drugs already on the market. Certain class of drugs have designated prefixes or suffixes that have to be used but can't be used on a drug not in that class. And on and on and on. Some of the newest approvals are for drugs with so many consonants, they look like Russian or Polish last names. And then, after you send in the application, with all of your studies and reports, the FDA takes 3 months on average to return their Yes or No. If they say NO, you have to go through the process all over again.
And how much do you think all of this costs the company? Just for a name.
I worked for a global pharma for a while. Just at the point when all the freebies to Drs etc got banned. Oh boy that was a crazy time trying to phase out stuff, destroy stuff with proof of destruction. Give away stuff to non profits. Yep, can't even give a pen to Dr. anymore. The public still believes otherwise, though. I see posts all the time, here and elsewhere, that believe the FDA is in the drug companies pockets. If you're in the know, you know that the drug companies are terrified of the FDA. When the FDA says jump, they say HOW HIGH??? The FDA can shut a company down the same day and the drug companies do everything they can and spend a lot of money to prevent that. Cost of doing business has to be passed on to someone, just like any other business, it's the consumer. But people don't want to pay for medications that allows them to keep living their lifestyles or save them in an emergency. They would rather pay $150 for a steak and potato dinner with all the fixings, that keeps them over weight and their arteries clogged, instead of $90 for a 3 month supply of blood pressure and cholesterol medications. |
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G-Man
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« Reply #8 on: August 24, 2022, 06:49:06 AM » |
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Add to this, every drug has to have two names. Like they all have an alias. That was part of the discussion as well. It was pretty much about what the company has to do to get names passed and they mentioned a lot of scenarios involving Dr's, pharmacists, nurses, and patients. I asked, which of those was the main concern when the FDA makes their decisions. He said all of them....... For a new drug, they are more concerned with the misinterpretation or drug errors that arise between Dr and Nurse, Dr and Pharmacist, Nurse Practitioners now write script to pharmacists, etc. But the CONSUMER is the one concerned about when it comes to the Generic name. That's the more Chemically created name, based on the compounds themselves. They also have to phonetically and visually pleasing to the FDA. |
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G-Man
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« Reply #9 on: August 24, 2022, 07:00:38 AM » |
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That's part of the reason it costs an average of over $1,000,000,000 (That costs more than buying a congressman even!) to bring a new drug to market...
...and people wonder why the fancy new Rx are so expensive.....
Your post tells me that you are a clear thinker and aware  . But you have NO IDEA how many and how insane these regulations are. I have posted several examples over the years, but it is insanity. We have an entire department called Regulatory Affairs. That dept. and my Dept. make ZERO money for the company. In fact, they cost the company MILLIONS. And lets not forget the Legal Dept. which prolly costs more than both the afore mentioned. BTW, have you seen the size of the FDA building in Washington, DC? |
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