Political Quotes

“today two and a half times more is spent on advertising and marketing of a product than is spent on research and development. What is more startling is the fact that according to a report released today by Family USA, we have companies that are having two or three times more in profits than they spend on research and development. This is no longer a research and development driven industry--which it needs to be. It has become much more about sales, marketing, and ``me too'' drugs rather than new breakthrough drugs. Today, Family USA showed us in a report that, for instance, America, last year--in 2001--had a profit, a net income, that was three times more than what they spent on R&D. Pfizerpen's was one and a half times more. Bristol-Myers was two times more in profit. What is also disturbing is that, while I appreciate the sympathies for the drug companies, it is really quite shocking when we look at where the money goes as opposed to R&D.”