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Pharmaceutical Companies Cashing in on the Opioid Epidemic

Pharmaceutical Companies Cashing In On The Opioid Epidemic

The opioid epidemic is just that...an epidemic - it's widespread and affects everyone.  Here are some interesting statistics.  The United States comprises only 4.6% of the world's population but we consume 80% of the world's opioids.  The United States consumes 99% of the world's Vicodin.  We spend $300,000,000,000 (that's billion) on pain-related medical costs each year, much of that is on medications.  According to the CDC, in 2013, nearly 2 million Americans abused prescription drugs. [1]  Each day, 7000 people are treated in Emergency Rooms across the United States for overdose or complications related to prescription drugs. Abuse Deterrent Formulations (ADF) are a good attempt to help curb the epidemic, but since insurance companies charge patients an arm and a leg for them over generics, addicts have a valid reason to ask for something that's cheaper and abusable.  More importantly, these ADFs are only one…

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