07-10-2017, 04:44 PM
(07-10-2017, 04:15 PM)BenZoo2 Wrote: This. Without an operating profit to reinvest in to new drugs pharmaceutical companies wither and die.
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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.
