Re:The Mark Cuban Cost Plus Drug Company
by pettusftw on Wednesday January 27, 2021 @04:42PM
(#25934395)
Pharmaceutical companies are actually far more profitable than I imagined.
Pharma companies enjoy a profit margin averaging 26%, medical device companies 12%, and hospital groups (which includes non-profits) 8%. Insurance companies are closer to 3%.
Pharma companies enjoy a profit margin averaging 26%, medical device companies 12%, and hospital groups (which includes non-profits) 8%. Insurance companies are closer to 3%.
https://www.americanprogress.org/issues/healthcare/reports/2...