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A modest proposal for Big Pharma

Drug companies have serious problems these days.  The FDA is not approving their drugs, especially when viable alternatives or generic versions exist.  Moreover, when drug companies publish their data on new drugs, scientists around the world often find fault with the clinical results, either for legitimate or self-serving reasons.

So what's Big Pharma to do?

Soda First, Big Pharma should focus less on hawking drugs, and more on promoting a healthy lifestyle and comprehensive health maintenance.  Specifically, they could bundle (and sell) everything from healthy food and drink, to vitamins, exercise videos, workout clothes (and sometimes treatments), as part of an overall health management program.  Instead of passively watching us consume "high-fructose corn syrup" laden drinks, and then cynically providing drugs to treat the resulting diabetes, Big Pharma could instead sponsor celebrities to educate the public on the evils of such sweeteners, and promote suggestions for a more healthy lifestyle.

Second, Big Pharma needs to be more candid and open about the risk/rewards/tradeoffs of drugs, instead of trying to downplay side-effects in a shortsighted effort to sell as many drugs as possible.  For example, if a drug helps treat diabetes, but increases risk of heart attack, don't encourage people to take your drugs if they have the genetic proclivity for heart disease or other risk factors.  Propose alternate (non-drug) treatments or sell those folks something else (your consumer division's heart-friendly breakfast cereal, perhaps?).

Healthy Third, with the advent of personal genetic testing, consumers will have information on which genetic variants and disease susceptibilities they have.  Big Pharma should be ahead of this train, not under it.  Acquire a company like 23andme or Navigenics (people will soon be addicted to these sorts of information resources online).  Make it part of your marketing – your own DNA.  Make the case for consumers that certain gene variants may require active management, in the case that they increase the risk of arthritis or diabetes or Alzheimer’s, etc.  Educate consumers on how to manage the disease (with your non-drug products, of needed).  You should be about promoting overall health, not just selling drugs.

Finally, Big Pharma has to move beyond using "chemicals" as treatments for disease (a drug is basically a chemical).  That approach is played out.  Even biological therapeutics (using proteins, antibodies, and vaccines instead of drugs) may have limited appeal (since they may prove difficult to deliver to the right target in the body)  Until genetic enhancement becomes a reality, Big Pharma should develop multi-faceted treatment options that may involve highly localized changes to gene regulation.  Basically, think out of the box, and move away from chemicals as treatments.

That would go a long way toward restoring public confidence – and profitability – to the industry.

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