Are Drug Companies Messing with Our Heads?
This isn't necesssarily new information (published July, 2001), but Capitol Roundup cites two reports from the non-profit consumer group, Public Citizen which say:
In two reports made public yesterday (Monday, July 23), Public Citizen, citing drug industry and National Institute of Health data, reported that drug companies actually pay about $110 million in research and development costs per drug rather than the $500 million touted by the industry.
Additionally, the group maintains that at least 55 percent of the research projects that led to the discovery and development to the top five selling drugs in 1995 were conducted by taxpayer-funded scientists.
The drug companies (in the guise of PhRMA) say this is so not true.
Public Citizen says, yes it is.