Part of why I hate BIG BUSINESS
The drugs don't work
· The global spend on pharmaceuticals has risen 25-fold over the past three decades, from $20bn in 1972 to more than $500bn in 2004. '[In 2002] the combined profits for the 10 drug companies in the Fortune 500 ($35.9bn) were more than the profits for the other 490 businesses put together ($33.7bn),' Dr Marcia Angell writes in her book The Truth About The Drug Companies. The breakdown of pharma finances for 2003 is: 14% on research and development, 17% on profits, 31% on marketing and admin, the rest on manufacturing and distribution.More gets spent on Marketing and Admin combined than on Research. Any time I read somebody saying that the sick and obscene costs of my medications are due to Research I plan on slapping them with those numbers.That's sick and twisted and making money out of other people's miseries.Read the whole article. It's worth it. And I plan on buying the book when it comes out. It looks like a doozy.