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by paulgb
4626 days ago
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"Abroad, where the “negotiation” consists of governments telling you what they are willing to pay, even as you know that they can always change the law to shorten your patent term so that other countries can manufacture your product, using your research for free." The author doesn't mention any examples of this actually happening, which makes me wonder if it's just theoretical. Does it happen? Also, how much of big pharma's costs goes to marketing? They don't have consumer marketing expenses outside the USA. |
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"From this new estimate, it appears that pharmaceutical companies spend almost twice as much on promotion as they do on R&D."
[1] http://www.plosmedicine.org/article/info:doi/10.1371/journal...