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So advertising has been around for a while and it wasn't until fairly recently that advertising has been regulated. DTC Advertising (Direct-to-consumer) is type of prescription drug advertising that is banned in all countries except the US and New Zealand.
DTC advertisements have created a number of issues either directly or indirectly
While not outright lying (that would be against FDA guidelines) many modern day prescription drug advertisements often try to shift the truth in their favor.
DTC advertisements indirectly cause a strain in the relationship between doctors and patients. Often times a lot of people are quick to self-diagnose conditions even if they don't have them. 80% of Physicians say they felt pressured to give a patient a drug when asked.
Wrinkles and low testosterone are normal conditions that people have and don't have any major side effects, however DTC advertisements paint these problems as not normal and aim to stigmatize them for profit.
DTC advertisements have raised the costs of prescription drugs significantly. In Canada, these drugs are often less than half the price of American ones. Pharmaceutical companies in America spend 2/3 of their profits on advertising to consumers. Most every other country in the world puts its profits back into R&D (research and development)
More options is not always better as proven with the Vioxx scandal.
Vioxx was not superior to competitors however it was marketed heavily which introduced many consumers to Vioxx. Newer drugs are often not as tested as older ones and are often times not as good or the same quality.
Despite how DTC advertisements have changed culture and relationships, there are a few benefits worth mentioning
As some would argue, DTC educates the general public about disorders and drugs. However, This education is limited to the drug itself and the symptoms of the disorder. It rarely offers alternatives to help with the disorder such as diet or more/less activity. Also the education is limited by time: a 1 minute ad is not enough time to list all possible side effects and information regarding the disorder.
A common argument for DTC advertisements is that more people with disorders get treated. This true, however, more people without the specific disorder also get treated. Advertisements increase treatment across the board whether having the disorder or not.
There is a small increase in the adherence to drugs of people exposed to advertising. Many people quit taking a drug after a few days or weeks due to a perceived lack of effectiveness. Advertisements convince people to stick through these early parts.
Doctors know what is best for each patient, however American culture has a very individualist mindset where the individual should have freedom to do whatever they want to. This is directly at odds with drugs that are addictive and harmful and at odds with the doctor prescribing medicine. The everyday American is not experienced enough with drugs and medicine to be advertised to.