President Obama's health care--

[justplugit]

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

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?

[scottw]

Barney Frank.."I've had people come to us and complain, "Well, if you do that, I can't make any money." The answer is that's not my job. We're not here to help you make money. We are here to help have a system in which you will make money as an incident of your providing funds(or drugs) to those who will use it productively(or to those who need them)."

didn't you read Newsweek...."we're all Socialists now"....Americans, American corporations and small businesses exist for the sole purpose of funding the government which is growing at exponential rates...they don't care about profits for any of these businesses because they simply take/tax whatever they think they need regardless of the damage, if the business fails it just leaves one more area for another newly created government entity to fill the void....