This argument would hold more weight if the pharmaceutical sector didn't have 17% profit margins. Only beaten by Banks, Financial Services, Shipbuilding, and

This argument would hold more weight if the pharmaceutical sector didn't have 17% profit margins. Only beaten by Banks, Financial Services, Shipbuilding, and Tobacco. http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/margin.html http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/... Also pharmaceutical spending on R&D is much lower than many other industries.