Off the Charts: Pay, Profits and Spending in Drug Companies
Publication Date: July 2001
Publisher: Families USA
Author(s): Ron Pollack; Lena O'Rourke
Research Area: Manufacturing and 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.
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