This graphic is stupid and one sided. While there are many things wrong with it I will just point out one. How is comparing the selling price to the cost of the active pharmaceutical ingredient relevant in any way? Has anyone ever taken just the API? No, because it’s not possible. Pills and packaging cost way more money then the API does. Even so, it still makes up only a small portion of the selling price, because pharma companies have to not only make up the RD cost of the drugs that make it, they also have to make up the costs of al the other drugs they researched and turned into nothing
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wyattdonnelly (30277)
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Registered 2010-06-25 20:59:09 Comment Karma: 0 Featured Comments: 0 Member of : |
Recent Comments from wyattdonnelly
- Comment on The Stats About Pharmaceutical Companies (2010-06-30 08:33:03)
This graphic is stupid and one sided. While there are many things wrong with it I will just point out one. How is comparing the selling price to the cost of the active pharmaceutical ingredient relevant in any way? Has anyone ever taken just the API? No, because it’s not possible. Pills and packaging cost way more money then the API does. Even so, it still makes up only a small portion of the selling price, because pharma companies have to not only make up the RD cost of the drugs that make it, they also have to make up the costs of al the other drugs they researched and turned into nothing
