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I used to agree with you. Then I realized that drug companies spend more on lawyers than scientists.
by sadfklsjlkjwt 7y ago
I used to agree with you. Then I realized that drug companies spend more on lawyers than scientists.
- _n_b_ 7y agoThis isn’t even remotely close to true. 0.67% on legal[1] versus 17% on R&D[2]. [1] https://ccbjournal.com/articles/benchmark-metrics-pharma-companies-indexing-allows-cross-industry-law-department-comp https://ccbjournal.com/articles/benchmark-metrics-pharma-com... [2] https://www.investopedia.com/ask/answers/060115/how-much-drug-companys-spending-allocated-research-and-development-average.asp https://www.investopedia.com/ask/answers/060115/how-much-dru...
- FireBeyond 7y agoAnd how much on marketing?
- sadfklsjlkjwt 7y agoYou are right of course. My mistake. Marketing is where they spend their money!