Should There Be More Effective Control of the Pharmaceutical Industry?

I could argue either side of this question and feel convinced that both answers are reasonable.  So, I'll argue that we do not need more effective control of the pharmaceutical industry.  Instead, individuals need to more effectively manage themselves.

We live within a democratic system, which (at least in theory) extends to us the privileges of self-governance and freedom of choice.  All privileges come with responsibility [at least that's what I tell my children].  We have the responsibility to inform ourselves about the products we purchase and the companies and individuals from whom we purchase those products.  If we fail to fulfill our responsibilities to ourselves and others within our society and thereby unwittingly support corrupt business or consume defective or damaging products, we have ourselves to blame.