It must be true, I read it in the newspaper

Two stories that are frightening both because of their content and, even more so, because of their easy acceptance as “main stream.”

The first is about an attempt in the Michigan legislature to allow residents of the Wolverine State to sue pharmaceutical companies if they suffer from an adverse event that is on the label of a prescription medicine. After all, patients shouldn’t be responsible for reading the PI and doctors shouldn’t be responsible for informing their patients about potential risks. The only responsibility, it seems, is to permit more and ever more law- suits.

Here’s the link:

http://www.dfw.com/mld/dfw/business/16697132.htm

The second news item comes from our friend, Congressman Henry Waxman, the U.S. House of Representatives new over-sighter-in-chief. It appears that Mr. Waxman doesn’t think Novartis should challenge an Indian law that trashes their IP protection.

But things, aren’t always as they appear, are they?

Here’s the full story:

http://www.business-standard.com/economy/storypage.php?leftnm=3&subLeft=1&chklogin=N&autono=274764&tab=r

And remember the old saw -- everything you read in the newspaper is true, except for those things you know about personally.