The Cold-Medicine Racket

There are now hundreds of flashy "cold and flu" products, but still only a handful of simple, cheap ingredients. Here's one new way to cut through the noise. One in four people, when buying an over-the-counter medicine to treat a headache, will go for a brand name product. Unless that person is a pharmacist. In that case, according to research from the National Bureau of Economic Research, they'll almost certainly buy a generic version. The pharmacists know, and trust, that the drugs are identical. But Read more [...]

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Blood Pressure Drug Verapamil May Reverse Type 1 Diabetes; Human Trials To Begin Next Year

By Anthony Rivas | Medical Daily It’s really expensive for pharmaceutical companies to develop a single new drug. According to Forbes, it can cost anywhere from $1.3 billion to $5 billion. Because of this, it makes drug companies very happy when they discover one of their drugs can be used for other health conditions — after all, more people treated means more money in executive’s pockets. Well, a case like this was just discovered. Researchers from the University of Alabama, Birmingham, Read more [...]

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