Pharmaceutical Companies Can Make Money - 1486 Words

At first glance, pharmaceutical companies are seen as these evil corporations that just want your hard earned, tax payer money for medications that you do not necessarily need. While this may be true for reoccurring drugs taken over a long period of time, vaccines (not including the flu vaccine) are usually a one or two time â€Å"drug†, once you are done with the single dosage or dosage set you do not need more. Vaccines also prevent them from selling more medication for those diseases that are vaccinated for. The only way a vaccine is going to be a â€Å"cash cow† for the company is if it’s a brand new vaccine and its recently patented, which is not the case for any of the vaccines children and teens get every day. This type of medicine is recommended by doctors for the safety of children, not so that doctors and big pharmaceutical companies can make money: â€Å"Vaccines are about 1.5 percent of total pharmaceutical revenues, says VaccineEthics.org, a website run by the Penn Center for Bioethics. We ve had problems with vaccine supply because so few pharmaceutical companies are making vaccines anymore, Dr. Nelson says. (Three decades ago, more than 30 companies produced vaccines; today about five companies account for 80 percent of the market)† (Worth). Pharmaceutical companies have been losing money off of vaccines the last three decades, so the number of companies that reproduce them are dropping year by year. The statement that they make money off of poisoning our immune systemsShow MoreRelatedPharmaceutical Companies Invest A Good Portion Of Their1550 Words   |  7 PagesPharmaceutical companies invest a good portion of their money on politics and medical companies that make decisions when it comes to the pharmaceutical industry and its products. One of the top pharmaceutical companies that does this is the Pharmaceutical Research and Manufactures of America (PhRMA). According to the Center for Responsive Politics, in 2016 PhRMA spent $19,730,000 on lobbying. This is a massive amount of money that is spent in the Pharmaceuticals/Health Products industry, which spendsRead MoreEssay on The War on Pharmaceutical Companies1171 Words   |  5 Pagesdiscussed among people. No matter what, at one point or another, everyone is going to stand as a victim of the pharmaceutical industry. The bottom line is Americans are paying excessive amounts of money for medical prescriptions. 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