The Most Loathed Industry in the U.S.

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The pharmaceutical industry is rated the lowest out of 25 U.S. industries, with a ranking so low it's in the negatives. Few industries have scored lower than Big Pharma according to Americans' perceptions, and the distaste has been well earned, based on the growing opioid epidemic, rising drug costs and a widespread history of fraud and deception

Every year, Gallup surveys Americans about their attitudes toward 25 industries. Ranking in the lowest position as most-loathed industry is the pharmaceutical industry, which got so many bad rankings that it has a score of -31. For comparison, the top-rated sector -- the restaurant industry -- has a net positive score of +58.[i]

The survey involved 1,525 adults, who were asked to choose their overall view of 25 industries, using the rankings very positive, somewhat positive, neutral, somewhat negative or very negative. Overall, 58% of Americans ranked the pharmaceutical industry negatively, more than double the amount that ranked it positively (27%).

Pharma's Lowest Rating Since 2001

The pharmaceutical industry's -31 score is the lowest for the sector since Gallup's "Americans' Views of U.S. Business Industry Sectors" survey began in 2001. Only a few other industries have received such negative ratings over the survey's nearly two-decade run, including the federal government, oil and gas, real estate and automobile industries.

"The new low in the pharmaceutical industry's U.S. image comes amid a range of criticisms of industry norms, from generating the highest drug costs in the world to spending massive amounts in lobbying politicians to the industry's role in the U.S. opioid crisis," Gallup noted.[ii]

While other industries, like real estate, have made favorable turnarounds by cleaning up their images, Gallup suggests it will be some time before Big Pharma gets a favorable glow, in large part due to the opioid crisis facing the U.S.

Drug overdose deaths involving opioids increased 45% from 2016 to 2017,[iii] and in 2017, more than 70,000 people died from drug overdoses -- 68% of which involved an opioid.[iv] Already, pharma giant Johnson & Johnson has been ordered by an Oklahoma judge to pay $572 million to the state for fueling the opioid epidemic.

The state accused Johnson & Johnson of being a public nuisance for its deceptive advertising of opioids to doctors, and similar lawsuits against pharmaceutical companies have been filed across the U.S.[v] Gallup reported:[vi]

"As the opioid epidemic rages on -- and as the actors involved in creating it continue to experience lawsuits, protests and public shaming -- it may be hard for the pharmaceutical industry to make a comeback just yet.

The industry's rating likely will not recover until its role in the opioid epidemic is addressed, and the political pressure on the industry for high prices and massive profits subsides."

American's Distrust of Big Pharma Has Been Well Earned

Americans have caught on to Big Pharma's deception, with many having lost loved ones to opioids and others having faced drug side effects or been pushed into financial ruin trying to afford medications that offer meager benefits, if any at all.

Many of those preyed upon are in their weakest moments, clinging to hope that a drug will offer them survival or freedom from pain. Ipilimumab (Yervoy) is one such drug, which is approved to treat colorectal cancer, renal cell carcinoma and melanoma. Costs for ipilimumab were estimated at more than $1.8 million per patient, which is even higher than other expensive cancer drugs.[vii]

Yet, the drug is linked to severe immune-related side effects, some of which may be life-threatening or fatal.[viii] What's more, the "time to treatment failure," which is how long it takes for the treatment to stop working (necessitating the start of a new treatment) or the patient to die, is only 5.7 months.[ix]

This is but one example of why Americans are right to loathe the pharmaceutical industry. When you factor in their reputation for fraud and deception, it's clear why Americans' distrust of Big Pharma has been well earned.

How Do Other Industries Stack Up?

In case you're wondering how the other industries fared, here's the full list of rankings, from best to worst:[x]

Restaurant industry

Computer industry

Grocery industry

Farming and agriculture

Travel industry

Accounting

Automobile industry

Retail industry

Real estate industry

Banking

Electric and gas utilities

Sports industry

Airline industry

Telephone industry

Publishing industry

Internet industry

Movie industry

Education

Television and radio industry

The legal field

Oil and gas industry

Advertising and public relations industry

Healthcare industry

The federal government

Pharmaceutical industry

Do You Want Your Health in Big Pharma's Hands?

Many natural substances exert pharmacological actions similar to pharmaceuticals -- in fact, many drugs are based on these compounds -- but with fewer adverse effects. In GreenMedInfo's database, you can find 501 such compounds, including anti-inflammatory, neuroprotective, chemopreventive (cancer-fighting) and cardioprotective agents.

Natural therapeutic actions -- things like exercise, acupuncture, massage and breastfeeding -- also exist to support your body's natural ability to heal and maintain balance to keep you feeling mentally and physically well.

There are 216 therapeutic actions in GreenMedInfo's database, many of which rival pharmaceuticals in their effectiveness. Whether you're facing a health challenge or looking to uphold your current level of health, consider if you want to put your faith in the most-loathed industry in the U.S., or seek out solutions with a much less sordid past.


References

[i] Gallup September 3, 2019

[ii] Gallup September 3, 2019

[iii] NCHS Data Brief No. 329, November 2018

[iv] U.S. CDC, Opioid Overdose

[v] Forbes August 26, 2019

[vi] Gallup September 3, 2019

[vii] JAMA Oncology December 2017

[viii] European Journal of Cancer 2016 Jun;60:190-209

[ix] J Clin Oncol. 2015 Oct 1;33(28):3193-8.

[x] Gallup September 3, 2019

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of GreenMedInfo or its staff.

Key Research Topics

Sayer Ji
Founder of GreenMedInfo.com

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