Capitalism CookBook: Take an invention which the inventor wanted to be accessible to everyone and make it 57 times more expensive than it costed to make it 🧐🎩
theYogiB @ theYogiB @lemmy.world Posts 0Comments 1Joined 2 yr. ago
theYogiB @ theYogiB @lemmy.world
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Do you know how little of their own money pharma companies spend on R&D? The majority of their budget is for advertising and marketing. Most of their R&D budget is from government grants i.e. taxpayer money. Meaning more often than not you are paying twice for life-saving drugs.