The average drug developed by a major pharmaceutical company costs at least $4 billion, and it can be as much as $11 billion.
“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