Sentences with phrase «largest drug companies spent»

In 2017, the first year of the Trump administration, the 10 largest drug companies spent a combined $ 74 million.

Not exact matches

But here's the problem for Valeant: According to its income statement, it spends just 3 % of its revenue on R&D, compared to about 15 % to 20 % for large drug companies.

Large companies (Big Pharma) spend considerable amounts on advertising and distribution, and often have large sales forces that promote their drugs to physicians to convince them to prescribe the Large companies (Big Pharma) spend considerable amounts on advertising and distribution, and often have large sales forces that promote their drugs to physicians to convince them to prescribe the large sales forces that promote their drugs to physicians to convince them to prescribe the drug.

Pfizer, the world's largest drug company, and one that's proud of its scientific acumen, announced yesterday that it will cut R&D spending in 2012 by about 20 %, from $ 8.5 billion to $ 7 billion.