Profiting from Pain: Where Prescription Drugs Dollars Go – (09-12-02)



Profiting from Pain: Where Prescription Drugs Dollars Go

While this is a very long report, I can summarize it for you. Contrary to popular belief, most of pharmaceutical companies’ budgets do not go towards research and development. Rather, advertising and marketing account for 1.5 to 2x the costs of R and D. Not to mention the salaries of the CEOs. The amount of money that the drug companies spend in advertising is staggering and is in the billions of dollars PER MONTH. Their profitability has never been in question. Unfortunately, many patients consider the cost of drugs as an inelastic demand and the marketplace will probably never allow for the cost to come down–the insurance companies and the drug companies have ties that are too strong. If you have time, read the article; it is very eye-opening.

Read entire article here

James Bogash

For more than a decade, Dr. Bogash has stayed current with the medical literature as it relates to physiology, disease prevention and disease management. He uses his knowledge to educate patients, the community and cyberspace on the best way to avoid and / or manage chronic diseases using lifestyle and targeted supplementation.







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Category: Drug Research
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