Some well-known examples of pharmaceutical powerhouses which the documentary places a heavy emphasis on include the Western enterprises of Pfizer, Roche, and GlaxoSmithKline. Since demand for short-term and long-term pharmaceuticals is consistently great, Big Pharma generates a substantial deal of profits: in the year 2013 alone, the industry received an average profit margin of 18% (the amount by which revenue from sales exceeds costs in a business), outdoing the gross margins of “carmakers, oil and gas companies...media companies…[and] banks” (www.andruswagstaff.com). Additionally, in the year 2016, the “worldwide pharmaceutical market” produced over 1 trillion US dollars in earnings
Some well-known examples of pharmaceutical powerhouses which the documentary places a heavy emphasis on include the Western enterprises of Pfizer, Roche, and GlaxoSmithKline. Since demand for short-term and long-term pharmaceuticals is consistently great, Big Pharma generates a substantial deal of profits: in the year 2013 alone, the industry received an average profit margin of 18% (the amount by which revenue from sales exceeds costs in a business), outdoing the gross margins of “carmakers, oil and gas companies...media companies…[and] banks” (www.andruswagstaff.com). Additionally, in the year 2016, the “worldwide pharmaceutical market” produced over 1 trillion US dollars in earnings