Novartis Third-Quarter Profit Climbs on New Products
Already making profits off new products. Like I said, it doesn't take 20 years to recoup R&D.
$3.35 billion profit for one quarter. Donald Trump is a rank amateur next to these guys. He couldn't even pay their lunch tab.
As in investor, I love profits. But let's not kid ourselves that Big Pharma is struggling to keep its head above water over R&D expenses, mm-kay?
They use the legislative protections they bought from the American Politboro to their fullest advantage.