Whose interests were served in the story of Fen-Phen and Pondimin and Redux?
That’s a story of corporate greed. … Again, not everyone agrees with me. I’ve said all the way along, and I’ve just said it here, “If you want to be involved in healthcare, then you have to make some concessions.” That is, you will have less profit in the interest of the public. If you want to make tennis shoes, go make your tennis shoes, and sell as many as you can, and charge whatever you want. If you want to make T-shirts, make as many T-shirts, put whatever you want on them, charge whatever you want. That’s fine. In dealing with healthcare, people’s lives, there are rules. The rules are everything that you do has to be in the best interest of the public, or you can’t do it. Now, is that rule broken? All the time. But that’s my kind of Pollyanna vision of the world. “If you want to join us in the healthcare industry, you have to make some concessions.” … As a result of Fen-Phen becoming a craze, and Redux coming on the market and getting approved, what actually happened, in term
