Thread: Small rant
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Old Feb 21, 2014, 10:13 PM
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paynful paynful is offline
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Member Since: Feb 2014
Location: New England, USA
Posts: 302
I don't like to generalize, and I haven't kept up with the stats (it upset me too much tbh)....

When I was in college in 2007, I took a Business Ethics course...

privately owned, major pharma companies were spending their funds on....

20% Research & Development on drugs
80% MARKETING & advertising

Capitalism at it's finest...

The majority of life saving drugs are not being produced... literally.. because the company will not make a profit on it. If only the poor need the drugs, the wouldn't be able to pay.

One company, Merc, manufactured a Malaria drug for 3rd world nations and gave it out for $5 or less. It was the "golden" case study. However, this was their last "hail Mary" play, because they were losing so much business due to a scandal.

That is just the tip of the ice burg. I won't go on...
Thanks for this!
healingme4me, Nammu