WTF Moments:
- The pharmaceutical and health product industry is by far the biggest spender in terms of lobbying American politicians. Collectively they have spent more than $3.1 billion dollars attempting to influence our elected lawmakers– I wonder what their expense reports look like…
- 9 out of 10 pharmaceutical companies spend more than twice as much on marketing and advertising than research and development.
- In extreme cases, pharmaceutical companies have raised their prices over 1,000% – In 2015, Valeant Pharmaceuticals raised the price of their drug Daraprim over 5,000%.
- Halitosis was invented by Listerine. The son of the owner came up with the plan in order to increase direct sales to consumers- they shamed you so hard. Have y’all seen these Listerine ads? They are amazing – this one is our fav.
- According to TIME Magazine- The price of 60 prescription drugs doubled during a recent 12-month span, and prices for 20 of these medications at least quadrupled.
- Prescription drug spending hit $425 billion in the U.S. last year, before discounting, and the total is expected to reach $640 billion by 2020, according to data from IMS Health Incorporated.
What we’re drinking tonight: “Painkiller Cocktails” – 2 oz. rum, 4 oz. pineapple juice, 1 oz. orange juice, , 1 oz. cream of coconut
*cheers!*
