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by flagrant_taco 1114 days ago
How much do pharmaceutical companies make off of that $1b investment though? The scale of the investment only matters if they don't have the capital to cover.
1 comments

Pharmaceutical company profit margins are generally in the 15% - 20% range.

https://www.gao.gov/products/gao-18-40

By comparison, several major tech companies have significantly higher profit margins.

That's more an argument against major tech companies than for pharmaceutical companies.