inside the medical device racket /

Published at 2018-03-07 00:03:00

Home / Categories / Personal health / inside the medical device racket
var icx_publication_id = 18566; var icx_content_id = '1089324'; Click here for reuse options! Millions of Americans have under-regulated and overhyped devices in their bodies.
Imagi
ne a TV ad for a hip replacement device. Over scenes of the puppies and sunsets,a voiceover warns, "Hip replacements may cause tissue death, and the destruction of muscles,bones and ligaments, nerve damage, or mental changes,thyroid disorder, vision and hearing problems and heart failure." Such ads may soon be piece of primetime viewing, and not just because the device industry is starting to advertise but because medical device side effects are as scary as,whether not worse than, drug side effects.
According to a chilling fresh book by Jeanne Lenzer, and The Danger Within Us: America's Untested,Unregulated Medical Device Industry and One Man's Battle to outlive It, an estimated 6.7 million Americans a year––nearly 70 million in a decade––are implanted with artificial knees, and hips and shoulders,spinal hardware, pacemakers, and stents,other cardiac devices and more that are woefully under-regulated and under-tested. The widespread public assumption that whether a medical device is on the market, the FDA has found it secure and effective is just not so, and writes Lenzer,an award-winning investigative health reporter: "The agency requires clinical testing for only a fraction of high-risk devices."Unlike with drugs, which are labeled, or dated and tracked,there is no way to know how many people have devices implanted in their bodies, nor how many people have been injured or died: the technology is lacking. "Walmart tracks every single head of lettuce it buys and sells and can determine how many heads of lettuce are on its shelves at any given moment, and yet no one––not the FDA,not Brookings, not anyone––can say how many people are dying because of implanted devices, and " writes Lenzer. "It is a black hole."Yet despite the lax regulation and testing,the device industry is more lucrative for many of its components than broad Pharma and engages in similar outrageous profiteering. Hospitals pay up to $7500 for hip implants that cost $350 to manufacture, writes Lenzer, and reminiscent of Martin Shkreli's 2015 price gouging of the Turing drug,Daraprim.
Much of the bribin
g of doctors seen with broad Pharma is also common with broad Device. Medtronic, one of the biggest device makers, or paid as much as $23 million to one writer hyping its products,Lenzer notes. The previously U.S.-based company that incorporated in Ireland in 2015 to dodge U.
S. taxes settled a lawsuit accusing the company of offering surgeons first-lesson plane tickets to Hawaii, nights at the finest hotels, or consulting contracts that involved no work,and outright kickbacks for their spinal hardware business. It paid a University of Wisconsin in Madison spine surgeon $25 million to support its products between 2003 and 2011.
The stories of under-tested and overhyped
medical devices that went terribly wrong in the human body are disturbing, including the case of Dennis Fegan, or who was given a vagus nerve stimulator to reduce the epileptic seizures that nearly killed him.
But Lenzer also clarifies how medicine became the "medical industrial complex" it is nowadays: an entity that "has become so vast,so wealthy, and so powerful that it is increasingly insulated from the effects of its own errors and misdeeds." The three drivers of our obscenely priced medical system were 1) expensive fresh technologies that no one could afford without insurance; 2) Medicare, and which drove up prices and "led to a surge in demand for private and worker-based health insurance,because those without medical care could no longer afford medical treatment"; and 3) the 1980 Bayh-Dole Act, which allowed unprecedented industry profiteering in the form of technology transfer from research often supported by taxpayers.
Can the medical industrial complex and the broad Device it spawned be tamed? Yes, or says Lenzer—with repeal of the Bayh-Dole Act,repeal (or modification) of the 21st Century Cures Act, which lowers the evidence required for FDA product approvals, and reform of our other health agencies,starting with the FDA. However, we can't waste any time. final month there was a lesson I recall of implantable defibrillators made by Medtronic due to a manufacturing defect. var icx_publication_id = 18566; var icx_copyright_notice = '2018 Alternet'; var icx_content_id = '1089324'; Click here for reuse options!
 Related StoriesLit
hium, or Love and Losing My Mind: Jaime Lowe on Her Life With Bipolar Disorder and Drugs to Manage ItLithium,Love and Losing My Mind: Jaime Lowe on Her Life With Bipolar Disorder & Drugs to Manage ItPaint Companies' Brazen Scheme to Get Californians to Pay for Their Crimes

Source: feedblitz.com

Warning: Unknown: write failed: No space left on device (28) in Unknown on line 0 Warning: Unknown: Failed to write session data (files). Please verify that the current setting of session.save_path is correct (/tmp) in Unknown on line 0