“Yes, the pharma/research company makes money (as do shareholders), but much of that goes back into R&D. Pharma reinvests more profits back into R&D than most businesses.”
Drug companies spend more on marketing and advertising than on R&D.
Yes, we hear about how costly it is to get pharmaceuticals tested and brought to market but it’s hard to take that seriously when they spend even more than that on marketing and advertising.
Where did you get your figures of R&D vs. marketing and advertising?