Big Pharma's Hidden Business Model and How Your Company Funds It
Harvard Business Review
SEPTEMBER 12, 2012
Equating "innovative" with new molecules misses the point: to develop clinically superior new medicines. The apparent business model of Big Pharma emphasizes the billions spent at great risk to find "innovative" and "breakthrough" new molecules that must be priced high to recover research costs that have become "unsustainable."
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