Drug Markup!

[Vas Deferens]

(07-10-2017, 04:44 PM)Au165 Wrote: Not really, they write off failed drugs and use that to their advantage. Merck's net sales last year were 39.5B with 25.2B gross profit. They only spent 10B of that on research, I don't think they are going out of business anytime soon doing research. They are only one of the big companies gouging U.S. consumers on drugs. If you look at pharmaceutical sales outside the U.S. the same pills cost far less. The reason is pretty simple, they do it because they can get away with it.

Spot on. Also don't forget a lot of the R&D is done by publicly funded universities which big pharma comes in a swoops up at discount rates because the edu system is so poorly funded.

And brad. Don't you think tramp would have been able to do more if he was in the Oval Office as promised rather than shooting triple digits tearing up his tracks?