[LINK] Einstein's fridge an example for NICTA?
tony at tony-barry.emu.id.au
Tue Dec 12 14:00:48 AEDT 2006
On 12/12/2006, at 9:19 AM, Chris Maltby wrote:
> The industry claims
> that high retail prices for drugs is necessary to pay for the costly
> R&D they undertake - the counter argument is that the industry spends
> more on marketing than R&D (especially pure research). I recall that
> this assertion was supported by figures showing a decline in the
> rate of discovery of new drug types...
I also recollect it being pointed out that the pharmaceutical firms
spend far more on advertising and promotion than they do on research.
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