Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: antceecee; All

The article pointed out that a large “non-profit” hospital can have a 25% profit margin. Most large businesses have a 2% to 7% profit margin. I read several years that the profit margin in the medical/pharmaceutical world was around 20%


18 posted on 02/22/2013 11:08:18 PM PST by gleeaikin
[ Post Reply | Private Reply | To 4 | View Replies ]


To: gleeaikin

I do acknowledge that most businesses do not have the research and development costs that are incurred in the medical/pharmaceutical industry... But I also have read that citizens of USA have had to bear the bulk of these front end R & D costs when these pharmaceuticals come to market. The rest of the world does not pay anywhere close to the costs for pain killers and other drugs that we have to pay in USA.


19 posted on 02/22/2013 11:15:22 PM PST by antceecee (Bless us Father.. have mercy on us and protect us from evil.)
[ Post Reply | Private Reply | To 18 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson