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The Pharmaceutical Industry Must Join America

 Digital Record
Identifier: 101743403X14

Dates

  • Creation: 22 January 1960

Extent

32 pages

Creator

Description

Gorman criticized American pharmaceutical manufacturers for keeping the prices of new drugs (e.g., anti-psychotic tranquilizers) unaffordably high for some patients, for spending far too much on advertising new drugs, for flooding the market with "new" drugs that were minor variations on older drugs, for inflating the amount the industry spent on original research, and for behaving as though drug patents were more precious than human lives. The hearings... of the Senate Antitrust and Monopoly Subcommittee, chaired by Sen. Estes Kefauver, extended over several years and included several other large industries.

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Language of Materials

English

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