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In reply to the discussion: 60 Minutes is covering Big Pharma [View all]BobTheSubgenius
(11,560 posts)A very good friend of mine works in Regulatory at one of the very biggest pharma corps. She has told me about the largess that is spread around when they have a small handful of profitable drugs still under patent protection.
When they have, say, a half-day seminar, the catering is outrageous. Every custom coffee concoction known to man and every pastry you can imagine, plus healthier options like several kinds of muffins, bagels, fruit. You name it.
That's the morning coffee break. Lunch is a full-on catered affair.
Has a company you've worked for ever held a blood drive? Where every employee that donates blood gets a nice sticker or a lapel pin to commemorate their gift? When their company does it, each donating employee gets, for example, a designer label jogging suit.
THAT is how the hoi polloi are treated. Imagine upper management. They probably get cars.
That is also partly why a drug that costs 85 cents per pill to manufacture costs several hundred dollars for a 10-day course of treatment.