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Originally Posted by bnwhuxley  Not quite the same.
The cost of advertising in the Pharmaceuticals industry is far more than that spent on R&D.
At the end of the day, the preceding post states all the terrible pitfalls besetting the industry but in the end their returns are no less than firms in other industries. Based on the volume of sales, these are humongous companies. No sympathy for them. |
Its more the same than you realize. I work in the oil and gas industry, and my company's profit margin easily rivals that of many pharmaceutical companies.
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