BBC News 6 November 2014: Pharmaceutical industry gets high on fat profits

By Richard Anderson, Business reporter, BBC News
Pharmaceutical industry gets high on fat profits By Richard Anderson, Business reporter, BBC News Imagine an industry that generates higher profit margins than any other and is no stranger to multi­billion dollar fines for malpractice. Throw in widespread accusations of collusion and over­charging, and banking no doubt springs to mind. In fact, the industry described above is responsible for the development of medicines to save lives and alleviate suffering, not the generation of profit for its own sake.
Pharmaceutical companies have developed the vast majority of medicines known to humankind, but they have profited handsomely from doing so, and not always by legitimate means. Read more