More than 23 cents of every healthcare dollar goes to Prescription drugs | |
Too many Americans must choose between paying their bills and paying for their medications. Drug makers are making record profits through their record prices, but not because they are launching new medications. Among the 25 biggest pharma companies, average profit margins ranged from 15 and 20 percent, according to a study by the U.S. Government Accountability Office. Compare that to the 500 largest nondrug companies, which had profits ranged only from just 4 to 9 percent. Click here to continue reading from AHIP's site..
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