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With the continued growth in population and the increasing age of the baby boomer generation, profits must continue to rise. These companies claim that it costs approximately 230 million dollars to bring a new drug to the market, however many remain skeptic and believe the real reason for such cost is strictly profit margins.
Drug companies differ from other buyer-seller relationships in the business world. As far as selling medication goes, the decision of purchase is not made by the buyer; but rather remains the prescribing doctor's discretion. Many pharmaceutical firms pay thousands of dollars to doctors in order to convince them to prescribe their drugs...
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