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Prescription medication is a huge and growing industry in the United States. Big Pharma, as it’s known, is so huge that the U.S. is the largest market for pharmaceuticals in the world. The development of prescription drugs has come many benefits and drawbacks. While some medications save and prolong life, many people believe we’re becoming overly...

Before the FDA existed, horror stories of adulterated pharmaceuticals occurred: tapeworm diet pills and Bayer heroin kits. But is it any better in 2017? In 1906 the FDA came into existence to regulate and make safe the food and drugs available in the marketplace. It followed the deaths of 13 children in St. Louis, Missouri, after they received a...

The FDA has just approved a new drug, Brineura, for a rare childhood brain-disease known as CLN2, which progresses quickly and is considered fatal. BioMarin, the drug’s manufacturer, has pegged the yearly price of the drug for a patient at an astronomical $702,000. Discounts will be offered—the average annual price for the patient will come down to...