(source)
- 1913 – creation of the FED and
John D. Rockefeller having become the first billionaire of the US thanks to monopoly on oil industry now wants to monopolize the medical “industry” – medicines made from oil to become prescription drugs (pills, essentially adressing symptoms, not curing the illness)
synthetic drugs, patented medicines start being pushed - 1970ies – corporate medicine goes global (as many, mainly, US industries)
new fundings and aggressive lobbying appear, publicity explodes, medicine becomes growth industry - 1980ies – patents take off (The Bayh-Dole Act – Patent and Trademark Law Amendments Act of 1980) allowed private companies to patent publically funded research (for profit)
- 1990ies – direct consumer advertising…