If you ever want to get mad about capitalism, remind yourself that most drugs that cost >$10,000 a month to take are trivially inexpensive to manufacture and can usually still be massively profitable at a fraction of the cost
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I must be missing something. Looks like drug company average spend on R&D is 20% of costs. If you take all the revenue from the most profitable drugs, this adds to 150% R&D, or 30% of a company's entire operating expenses. Perhaps they have a much deeper catalog than I'm 1/2
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expecting, but I would have assumed the top 20 drugs covers more like ~50% of operating costs. 2/2
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