Saturday, September 3, 2011

Drug Recycling


Pharmaceutical waste is a really, really big problem, contaminating waterways and potable water and making people and animals sick... or hermaphroditic. It is also a really, really expensive problem. Americans dispose of an estimated $1 billion worth of unused medications every single year. So, not only are we polluting our environment with drugs, we're wasting a lot of money (and with the all controvery over Medicare, Medicaid recently... well...).

A 2008 study found the presence of pharmaceuticals in the water supply of 24 major municipalities nationwide. As legislators push for stronger regulation including extended product responsibility for the drug makers themselves, the truth is that pharmacuticals are big business that depends on throughput for profits. That is to say, the more people watse, the more they have to buy and the more money companies make. And if you don’t believe me, just count the number of drug commercials you see in a 15-minute daytime television viewing.

Global pharmaceutical sales were forecasted at $825 billion last year. Pharmaceutical waste is viewed as an unfortunate bi-product of a profitable, innovative, and admittedly necessary industry. But while some see pharmecutical waste as an unfortunate bi-product of the industry, others see it as an untapped resource.

With each leak into the water system, money is being wasted -and that means there are unmet profits out there. And so, some companies, such as Blue Zone, creators of anaesthetics, decided to create certain "proprietary technologies" to reclaim their waste adn even distill it into its origional componets. They've created a nearly closed-loop delivery system. Yes, this, my friends, is pharmecutical super-recycling.

This technology represents one of the first financially viable solutions to the growing problem of pharmaceutical waste in the environment. As the company is now registered as a generic anesthesia manufacturer in both Canada and the United States, Blue Zone promises a solution that generates pharmaceutical industry profits. The company is poised to literally collect millions of dollars from the operating room waste bin.

Supercool if you ask me.

No comments:

Post a Comment