4 ms·
(I'm using 2015 figures because they were the latest available the last time I challenged this bullshit) Nope, drugs sales in the EU alone are enough to cover
by phaemon 6y ago
(I'm using 2015 figures because they were the latest available the last time I challenged this bullshit)
Nope, drugs sales in the EU alone are enough to cover pharmaceutical R&D costs worldwide. What they aren't enough to cover is Marketing costs, but that's OK since most EU countries don't allow direct marketing of drugs.
That's what the US covers. Not quite so noble sounding that you're covering the cost of advertising though, is it?
Pharmaceutical R&D spending in 2015: USA $47B, Europe: $33B.
Total drug sales Europe 2015: $190B