Ten companies controlled half of the health care industry’s $50 billion of global profits 9 of those 10 companies at the top are pharma firms

  • Americans spend a lot more money on hospital and physician care than prescription drugs, but pharmaceutical companies pocket a lot more of than other parts of the industry. (Source: Axios)
  • 63% of the profit total went to drug companies, even though they collected 23% of the revenue
  • Pfizer had the highest profit total ($4.1 billion) of any publicly traded health care company in the third quarter.
  • Of the 19 companies that tallied at least $1 billion of third-quarter profit, 14 were drug companies.

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