Anonymous
Guest
Anonymous
Guest
Re: Breakup of Physician, Drug Company Relationship Could Improve Health Care, Cut Co
Where exactly does innovation come from?
Wow. I didnt think that anyone really bought this argument. Innovation? Puh-lease! We are looking for mega-blockbusters only. Between Novartis, Merck, Pfizer, and GSK, I read somewhere that the industry spent between 150-200 BILLION in R&D in a 10 year period in the 90s. I used to be with Pfizer, and according to info that i got from our annual reports and town hall meetings, we averaged about 7 Billion a year.
Everyone knew that we werent looking for innovation, we were looking for something to take the place of Lipitor and Viagra when they went off patent. So what was our strategy? Adding another drug TO Lipitor.
We are a profitable industry. Please stop buying the company line and wave the "without us, there'd be no new meds" flag.
Where exactly does innovation come from?