Quote:
Originally Posted by spence
Last time I checked, a few years ago, the average margin on Pharma was around 25%...that's not a bad profit.
-spence
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No, not a bad profit for drugs after the years of research and the amount
of compounds studied to produce one, then the cost of studies to prove it is safe and effective before it goes before the FDA for final approval.
Then there are, of course, the many drugs that now keep patients out
of costly hospital stays and increase length and quality of life.
What do you think the government will consider a fair profit for development
of a new drug and why shouldn't a company develope a product where there
is a profitable market for it?