this post was submitted on 02 Apr 2024
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This paper suggests you're spot on that they're not as profitable as other large companies, but they're still making an awful lot of money on top of the necessary costs.
Wow, thank you, this is a great source! So less than 90% of the income is used to run the companies and do all the R&D. Honestly, that's less than I thought and shows how greedy they are. If I read it right, they are more profitable than other large companies. Wow. So a state-owned non-profit pharma company could in theory produce new medicine 10 % cheaper and still be fine. Provided that state-owned company could be as efficient as a private one...
Sorry, you're quite right - I misread it to begin with.