Yes, the stark numbers, $10 billion stock buyback vs. $8 billion for research, underscore the fraud in #BigPharma arguments that high prices for medicine are needed to keep U.S. in the forefront of finding new "miracle" drugs, total BS.
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Yup. The Big Pharma sector usually has a ~20% profit margin, about 2x the Fortune 500 average, and the nonsense that big profits are necessary to fund research overlooks the tautology that profits are what remains *after* costs, like research, are subtracted
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Of course only in the U.S. are they protected from market-wide negotiated pricing, and Obamacare continued the price protection as well.
End of conversation
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Ro Khanna is refreshing and seems to be relentlessly fighting the good fight.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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When Wall St. owns the majority of our elected officials in DC it's naive to believe that a couple of complainers will change anything.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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