Tuesday, July 7, 2009

Obscene Drug Profits: Where They Go

(NaturalNews) Recently, a couple of Federal Budget Analysts from Washington, DC wondered about the profits in pharmaceutical drugs and came up with some interesting figures. Turns out that to purchase the active ingredients for many drugs is often pennies, while a hundred dollar plus price tag is passed on to consumers.

Monday, July 06, 2009 by: Kim Evans, citizen journalist

They found a 100 tablets of 20 mg Prozac runs the consumer about $247.47, while the active ingredients only cost $0.11. Yes, that's right. Eleven cents for all one hundred tablets. It's a 224,973 percent mark-up, a profit margin most business owners dream of - but could never get away with.

Even more profitable, Xanax customers regularly pay $136.79 for a hundred 1 mg tablets, while the active ingredients cost just under three cents. The mark-up is an unbelievable 569,958 percent.

Of course, the active ingredients aren't the only expense in making these chemical concoctions. Drug companies regularly pay more than a million dollars per drug to their regulators, the FDA, in order to put their drug on the market. They are exorbitant fees, which all too often beg the question about any real regulation taking place, when the regulatory agency is funded by those it's supposed to be regulating.

Learn More Obscene Drug Profits: Where They Go

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