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For many industries like these that are heavily driven by development of intellectual property and heavily regulated by the government, nearly all the profit is
by throw__away7391 4y ago
For many industries like these that are heavily driven by development of intellectual property and heavily regulated by the government, nearly all the profit is made in the US market, while selling to the entire rest of the world adds a few % of revenue that by itself would not be enough to justify the investment.
- clearcoat 4y agoIndeed. As I recall about 80% of pharmaceutical profits are made in the United States, while these same drugs are sold in other countries at much lower negotiated prices.