Xdsin
Xdsin t1_izygjjg wrote
Reply to comment by wolf1moon in [OC] Visualising Pfizer's latest income statement. Pharmaceutical profit margins are notoriously higher than most other industries by giteam
This assumes that the R&D is successful.
What would this look like if their mRNA vaccine failed or more competitors beat them to the punch?
You also have them responding to a Pandemic. Which would make their returns on investment higher.
Xdsin t1_izygtv7 wrote
Reply to comment by Fit-Signature8414 in [OC] Visualising Pfizer's latest income statement. Pharmaceutical profit margins are notoriously higher than most other industries by giteam
One of the benefits of a single payer system like Canada or UK is that you are one buying entity that has more bargaining power over drug companies. You can regulate drug prices.