Download Our App
Martha Rosenberg, AlterNet avatar

Martha Rosenberg, AlterNet

Stories By Martha Rosenberg, AlterNet

How an army of DC Pharma lobbyists have locked in one of the biggest ripoff schemes in America

How an army of DC Pharma lobbyists have locked in one of the biggest ripoff schemes in America

Pharma is creaming tens of billions out of the federal government in a variety of schemes.

After an 18-month investigation into the high cost of Gilead's hepatitis C drug Sovaldi—initially listed at $84,000 for a course of treatment or $1,000 per pill—the Senate Finance Committee said the prices did not reflect the cost of research and development and that Gilead cared about "revenue" not "affordability and accessibility." That sounds like an understatement. Sovaldi and the related pill Harvoni cost Medicare and Medicaid more than $5 billion in 2014, charged senators.

Here are 8 invented diseases Big Pharma is banking on

Here are 8 invented diseases Big Pharma is banking on

Since direct-to-consumer drug advertising debuted in 1997, pharma's credo has been When The Medication Is Ready, The Disease (and Patients) Will Appear. Who knew so many people suffered from restless legs? Now pharma is back to creating new diseases, patients, risks and "awareness campaigns." Check out these eight new diseases they've invented.

Big Pharma in the bedroom: Are drugs that enhance sex a good thing?

Big Pharma in the bedroom: Are drugs that enhance sex a good thing?

Does anyone remember life before Viagra? In 1997, no one had heard of or used the term erectile dysfunction or ED--nor would most men have admitted to having the condition. Before the sanitized term debuted, ED was known by doctors as "impotence" and by the rest of us as "not getting it up." It was usually blamed on circumstances like too much to drink and men and their partners rarely talked about it.