What's wrong with Drug Companies???

[GaryProtein]

R&D includes all costs. My companies that I have worked for have never spent even $10b in total on R&D. Yes, I know Oncology is more expensive, but still no single drug costs over $1B.If you want to includes all unrelated costs, then why not the Janitorial/finance/admin costs too?LoL

Perhaps some of these companies need to be more judicious in their spending. The direct cost per drug may not be the issue...

YOU DO include those costs because they ARE related to what the company must do to run itself and stay in business.

 

[wisnon]

Guys, lets agree to disagree. Some of this is semantics anyway.

I have worked in this area, so I do know a bit about it.

 

[JackD201]

I've worked the legal side. What we found was that the Pharmaceutical companies aren't the big fish. If you want to see where the greater part of the pricing problems stem from, look at the distributors with global reach and presence. The amount of manipulation is astounding.