06-14-2015, 04:29 PM
(06-14-2015, 11:17 AM)BFritz21 Wrote: And I'm sure costs have risen, as has the number of people getting cancer, so it might not be 125, but it's still a pretty profitable business.
Total medical costs, not profits (which probably run 20-30% on average), for ALL related care, service and drugs for cancer could be close to $125B. But for drugs specifically to counter chemo, barely a fraction of that.
Sure, it's very profitable. But drug research has a huge upfront investment, a pretty high failure rate and a very long development cycle so the ROI should be much higher than, say, food production.