2 ms·
> Currently pharmaceutical companies spend only 15% of their revenue on new drug research. The remaining 85% is spent on activities such as marketing and profit
by TulliusCicero 5y ago
> Currently pharmaceutical companies spend only 15% of their revenue on new drug research. The remaining 85% is spent on activities such as marketing and profit taking.
[Citation needed]
I'd like to see a budget breakdown of what these companies spend on research, manufacturing, marketing, etc.
At a glance, from looking at CBO pages, it looks like average R&D spend is actually more like in the 18-20% range, and that this isn't unusual for industries, which makes sense since they have other costs beyond R&D.
- speedcoder 5y agoGee. How about a license to be able to live? Isn't that where it is at?