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Off the Charts: Pay, Profits and Spending in Drug Companies

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Publication Date: July 2001

Publisher(s): Families USA

Author(s): Ron Pollack; Lena O'Rourke

Topic: Manufacturing and industry (Pharmaceutical industry)

Type: Report

Abstract:

The pharmaceutical industry continues to be the most profitable U.S. industry, with profit margins nearly four times the average of Fortune 500 companies. As this report demonstrates, the major drug companies spend considerably more on marketing, advertising, and administration than they spend on R&D.