Keeping healthy - the value of information

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Keeping healthy - the value of information

16 May, 2006

A team of researchers from the University of the Sunshine Coast Faculty of Business have found that today's consumers are much more involved in their own healthcare than in the past.

Whilst the local doctor is still an important source of information, 'savvy' consumers seek additional information from other sources.

In the United States and New Zealand consumers have the benefit of
Direct to Consumer Advertising (DTCA) of prescription medicines whilst in Australia consumers are only exposed to 'disease awareness' advertisements from pharmaceutical companies. Consumers welcome these additional sources of information.

Associate Professor Michael Harker and Associate Professor Debra Harker from the University recently delivered their research findings to senior Government officials in New Zealand and to senior executives from the Pharmaceutical industry. Similar presentations are planned for Australia in June.

The world spends in excess of US$3,000 billion on general healthcare and the world market for pharmaceutical medicines is worth over US$400 billion per annum.

Pharmaceutical companies spend over $30 billion every year on developing and testing new treatments in the battle to keep consumers free from pain and disease.

And consumers need to be kept informed of new and better medicines so that they can have better and meaningful discussions with their doctors and gain access to new treatments.

Consumers in the United States and New Zealand, whilst appreciating the benefits of medicines, felt that the side-effects of treatments and effects on other medications being taken were not always easy to discover.

Associate Professor Michael Harker said that DTCA does have a role to play in that education of consumers and he was pleased to report that as a result of the research findings, senior industry people in New Zealand had set up a working party to explore ways in which consumers could be more fully informed.

  • ABN 28 441 859 157 |
  • CRICOS Provider No 01595D |
  • Updated: 09 Jan 2012