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Podcast: Revolving Door Syndrome
Episode: #51 - Dr Mike Murphy - A Pill For Every Ill (PART 1)
Description: As doctors, we rely on the pharmaceutical industry to produce medications, from everyday paracetamol to advanced targeted cancer therapies. The industry faces constant pressure to innovate and create profit for shareholders, while governments face pressure to approve and fund these medicines from patients and clinicians.What we are seeing is a rise in medicines spending. People are living longer, with more disease and requiring more medications. The newer medicines are costing exponentially more while sometimes providing only small incremental benefit when compared to older and cheaper medicines.When we only have a limited pot of...