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Politics : Foreign Affairs Discussion Group

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To: geode00 who wrote (263389)5/6/2008 6:11:13 PM
From: TimF  Read Replies (1) of 281500
 
"You have choices" about taxes is true only in a very useless sense. Taxes are not voluntary. Shopping at Walmart is.

Big Pharma Spends More On Advertising Than Research And Development, Study Finds

No they study didn't find that. It spends more on all forms of promotion, including free samples which benefit people and are not advertising.

Also they compare the promotional costs to R&D, when the real cost of bringing a new drug to market is R&D plus testing.

Besides even if the pharmaceutical companies did spend more on advertising than on R&D and testing, it still wouldn't be a very important point. Whatever amount they spend on promotion, if you reduce or limit the expected future profits from bringing new drugs to market, you get less new drugs brought to market.
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