Pharma Companies facts
While investigating facts about Pharma Companies In India and Pharma Companies In Hyderabad, I found out little known, but curios details like:
In 2008, when South Korea's Health Ministry requested a lower price for a leading HIV drug made by Roche, the pharma company refused to sell it. The head of Roche's Korea division reportedly said, "We are not in the business to save lives, but to make money. Saving lives is not our business."
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Purdue Pharma made Oxycontin a blockbuster drug by marketing it as resistant to abuse and safe to widely prescribe. After paying hundreds of millions in fines for false marketing, the family that owns 100% of the company is now worth at least $14 billion
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In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what pharma companies are in colorado. Here are 13 of the best facts about Pharma Companies In Mumbai and Pharma Companies In Pune I managed to collect.
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9 out of 10 Big Pharma companies spend more on marketing than R&D
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Japanese pharma companies have memorial days for the lab animals they use.
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In 1970 the US Senate held hearings on the hazards of The Pill but didn't invite one woman to testify. The legacy of the hearings was that pharma companies would have to list the side effects of all of their drugs.
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Leading members of Japan's genocidal WWII biowarfare weapons unit 731 went on to found one of Japan's premier pharma companies (Green cross) and run many of their medical schools.
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60 Drug Companies Became 10 In Just 2 Decades? This consolidation has helped Big Pharma gain more muscle to influence regulation and they have become too big to nail.
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A big pharma company given special treatment by the FDA and praised by a mega-charity, sold drugs contaminated with broken glass, hair, knowingly provided watered-down and adulterated AIDS drugs for use in Africa, with a board member explaining: "“Who cares? It’s just blacks dying.”
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Micro eye-droppers exist and double the shelf life of eyedrops while being preferred by virtually every patient, but pharma companies refuse to switch over because they'll lose money
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Mylan, a pharma company, had a NEGATIVE 294% tax rate due to their investments in coal in 2016
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Executions of death row inmates is at a standstill because Pharma companies now refuse to sell the lethal drugs to the states carrying out executions.
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When multinational pharma company Bayer was forced to license it's cancer medicine at lower cost to save lives in India, it's CEO responded saying, "This is theft...We did not develop this medicine for Indians, we developed it for western patients who can afford it."
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A Louisiana Congressman named Billy Tauzin helped pharma lobbyists prevent medicare from negotiating drug prices with drug companies