Spike Symposium Episode 5 – The Big Pharma Agenda

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The pharmaceutical industry is a business, first and foremost. Its primary objective isn’t your health; it’s generating profit. To that end, Big Pharma has done exceedingly well. According to Statista, the global pharmaceutical market was valued at an astonishing $1.3 trillion in 2020. With this massive capital, the industry wields incredible power, allowing it to influence everything from academic research to healthcare policies.

While there’s nothing inherently wrong with making a profit, the ethical dilemma arises when those profits are prioritized over patient well-being. Imagine a world where life-saving medications are so exorbitantly priced that they are out of reach for those who need them the most. Sounds dystopian, right? But this isn’t a far-fetched scenario; it’s our current reality.

The Wellness Company gathered top minds in medicine to discuss the Big Pharma agenda. Here’s what they had to say:

Dr. Ahmad Malik, a consultant orthopedic surgeon based in London, mentioned how a more holistic approach, focusing on the root cause of problems, is often more effective than prescribing medication. He highlighted the importance of sleep and psychological well-being in pain management and says that while medications can be beneficial, they should be used minimally.

Dr. Richard Amerling, once a big fan of the pharmaceutical industry, now criticizes its profit motive. He pointed out the importance of doctors following an ethical code to act in the best interests of patients, in contrast to pharmaceutical companies whose only commitment is to their shareholders.

Dr. Robert Seik, a compounding pharmacist, talked about how the pharmaceutical industry has penetrated academic settings. He argued that they drive utilization through academic university trial sites and influence patient care decisions through medical conferences.

Dr. Jen VanDeWater, a pharmacist, described the shift she has seen in retail pharmacy from patient-centered care to a focus on filling prescriptions. She criticized the lack of time for counseling and the pressure from district managers to fill more prescriptions, which she found disturbing.

The Wellness Company Strives to Do Better

TWC distinguishes itself from Big Pharma by adopting a holistic, patient-centered approach that aims to treat the root causes of health issues rather than just masking symptoms with medication. The goal is to empower patients with the tools they need to achieve long-term well-being, rather than offering a “pill for every ill.” This philosophy aligns with a growing body of evidence suggesting that a more integrated approach to healthcare can result in better patient outcomes, fewer side effects, and, in many cases, lower costs.

Learn how The Wellness Company can help you and your family reach new heights with your health at twc.health.