“The average drug developed by a major pharmaceutical company costs at least $4 billion, and it can be as much as $11 billion.”
Or you Could be getting a King Sized Snow Job. See pgs 15-16
http://freepdfhosting.com/d4bad152b5.pdf
“this Court finds the actions of the Defendants, upon this audience, to be detestable.”
“Annual Sales of Risperdal worldwide per annual reports of Johnson & Johnson, Inc.
1994: $0.172 Billion
1995: $0.343 Billion
1996: $0.502 Billion
1998: $0.588 Billion
1999: $0.892 Billion
2000: $1.083 Billion
2001: $1.845 Billion
2002: $2.146 Billion
2003: $2.512 Billion
2004: $3.05 Billion
2005: $3.552 Billion
2006: $4.180 Billion
2007: $4.697 Billion
2008: $1.309 Billion
2009: $1.425 Billion
2010: $1.50 Billion
Total for the period: $29.796 Billion
Testimony at trial indicated that the profit margin for sales of Risperdal was 97% or $28.90 Billion for the period of 1994-2010”
And the fact that the FDA is the Drug Companies puppet might Also have something to do with it.
http://www.fda.gov/ForIndustry/UserFees/PrescriptionDrugUserFee/ucm152775.htm
A 5th of FDA’s budget comes directly from drug companies through PDUFA fees.
And, that particular J&J drug is going to cost them/J&J a $2.2 Billion Bribe to the Federal DOJ in trade for the Obama DOJ foregoing their deposing of new CEO Alex Gorsky over his part in all Manner of Illegal shenanigans.
http://johnsonandtoxin.com/alex_gorsky.shtml
http://www.pharmalot.com/2012/06/jj-may-pay-2-2b-to-settle-risperdal-probes/
Then again, before you flame me as an anti business troll, you Might take a day or two to get up to speed on exactly Who and What just that 1 drug company is.
http://www.pharmalot.com/tag/johnson-johnson/
Then if you want to know more about why drugs cost so much, you’ll take a look at what the employees have to say to each other, at Any drug company.
http://www.cafepharma.com/boards/forumdisplay.php?f=4
If I thought, as you apparently do, that drug companies are so incredibly profitable, I would either start my own company or buy stocks in them.
Americans are being encouraged to treat access to drugs as an entitlement, even though most modern day drugs didn't even exist thirty or forty years ago. I'm embarassed to be associated with such weak thinkers.
Please tell me you are not using cafe pharma as a source??? LOLOLOLOLOLOL
Keep in mind that the sales of drugs that work and are actually marketed have to compensate for the billions of dollars sunk into the development of many more drugs that never make it out of testing and are never sold.
Can I buy stock in J&J?