Wednesday, May 29, 2002

New Medicines Seldom Contain Anything New, Study Finds
Two-thirds of the drugs approved from 1989 to 2000 were modified versions of existing drugs or even identical to those already on the market, rather than truly new medicines, according to a new study.

The report also said that most of the increased spending on new prescription drugs was on products that the Food and Drug Administration had determined did not provide significant benefits over those already on the market.
http://www.nytimes.com/2002/05/29/business/29DRUG.html?todaysheadlines

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