3 ms·
20% goes into R&D, 30% goes into Marketing, 25% goes operating costs, 25% is profit. Since a lot of Pharma research is done at universities and is funded by th
by SonicTheSith1 4y ago
20% goes into R&D,
30% goes into Marketing,
25% goes operating costs,
25% is profit.
Since a lot of Pharma research is done at universities and is funded by the public, this holds true especially for insulin, maybe by cutting the costs of meds the companies optimise their system more.
Less marketing, no Pharma people bribing doctors to use their meds etc. I bet if you cut those unnecessary jobs and expenses before touching R&D or Profit a lot can be done.
- refurb 4y ago30% doesn't go into marketing. And no, most pharma research is not funded by the public (the NIH budget is 1/4 what pharma spends).