MSNBC MTP Daily August 12, 2021 17:42:00
Breakthroughs while also reducing the cost and save lives. right now, when americans over pay for prescription drugs, too many pharmaceutical companies don't use the profit nearly enough to innovate or research. too many companies use it to buy back their own stock and inflate their worth, drive up ceo salaries and compensation and find ways to box out the competition. in fact, according to one study, from 2016 to 2020pharmaceutical companies spent $577 billion in stock buybacks and ddividends. 56 billion more than what they spent on all research and development over that same period of time. ...