A joint study between Yale University, King’s College Hospital in London and Doctors Without Borders found a single shot could be made for just 89 cents.
In a research driven company, research is a basic operational cost. These are all sunk cost paid for by other products. Before the product is introduced all of the research has been paid for.
So let’s take a look at this companies financials.
Their cost of goods was 36 billion. Out of 232 billion in sales or around a 85% margin.
It says they spent 32 billion dollars research.
They claimed a profit of 104 billion dollars after spending 2x the total research bill on sales/marketing and admin (62 billion) in other research driven industries this would be around 1/2 research budget.
They still made enough money to pay for more than 3 years of research.
In better regulated industry where greed didn’t rule the day. They should be making less than 1/2 the gross income.
In a research driven company, research is a basic operational cost. These are all sunk cost paid for by other products. Before the product is introduced all of the research has been paid for.
So let’s take a look at this companies financials.
https://finance.yahoo.com/quote/NVO/financials?guccounter=1
Their cost of goods was 36 billion. Out of 232 billion in sales or around a 85% margin.
It says they spent 32 billion dollars research.
They claimed a profit of 104 billion dollars after spending 2x the total research bill on sales/marketing and admin (62 billion) in other research driven industries this would be around 1/2 research budget.
They still made enough money to pay for more than 3 years of research.
In better regulated industry where greed didn’t rule the day. They should be making less than 1/2 the gross income.
This is pure greed based upon people’s suffering
Hey, that dude needed a third yacht. Who the hell do you think you are?