Evaluating Pharmaceutical Companies
Over the past decade there have been many changes to the United States economy as a whole. One of the front runners of change and innovation is the pharmaceutical industry, but many are wondering if this innovation is taking an adverse affect on the rest of the economy. One of the biggest concerns for economist and politicians is the rise in health care cost and prescription drug costs. Many people are looking to the government for help all the while looking over the pharmaceutical companies that have the biggest impact on the cost of healthcare. At some point in time we will all need prescription drugs. The owners of these companies know this very well, and they take advantage of our sickness in order to make their profit margins sky rocket. In an evaluation of some of the top pharmaceutical companies many have come to see that they fool consumers into thinking that many of the new drugs are big breakthroughs, but in reality they are the same drug we had before. These companies spend more the twice the amount of money on marketing and advertising then on the research and development of a new drug. These costs they put on the consumers backs saying they need the money to make better drugs.
Strike In Geology
10 months ago
In the sentence: One of the biggest concerns for economist and politicians is the rise in health care cost and prescription drug costs, maybe say health care and prescription drug cost so it doesn't repeat. Work on a good thesis statement :) Good work though!
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