Tuesday, July 25, 2006
Drug Companies Don't Give Anything Back ! !
Let's look at the facts.....The pharma industry invests more in R&D as a percentage of revenues than computer companies, aircraft manufacturers, electronic companies, automotive companies and telecommunications firms. 79% of the Pharma R&D is for new products. Pharma develops 91% of the most widely used products vs NIH funded technologies. In 2004, pharma patient assistance programs helped over 6 million people. Over 4 billion dollars worth of free medications were provided to low income patients. These are the facts..I think Pharma can do better with the PAP's but they are on the right track !!
