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While @PhrMA wants you to think companies raise #drugprices to fund R&D, our investigation revealed that drug companies raise prices to:
đź’° Turbocharge sales
đź’° Keep their stock price growing
Here’s an internal company document admitting they raise prices to fuel “growth”:
đź’° Turbocharge sales
đź’° Keep their stock price growing
Here’s an internal company document admitting they raise prices to fuel “growth”:
Worse still, drug companies spend far more to reward shareholders than on innovative R&D.
(Read our staff report on buybacks and dividends here: bit.ly/3pGmkR)
Here is the money they make vs. what they spend on R&D for 7 drugs:
(Read our staff report on buybacks and dividends here: bit.ly/3pGmkR)
Here is the money they make vs. what they spend on R&D for 7 drugs:
Our investigation also found that drug companies hike prices for life-saving medications because the U.S. allows them to get away with it.
Here’s an internal document admitting US policy lets the drug company Teva “successfully” raise prices:
Here’s an internal document admitting US policy lets the drug company Teva “successfully” raise prices:
