Re:Big Pharma spends billions more on executives and stockho...
by sudosysgen on Saturday February 17, 2024 @03:33PM
(#39413288)
Pharma companies receive easy and extremely subsidized access to research that costs almost a hundred billion every year. They don't need to be the direct recipients of the grant to be the direct benefactors.
Pharma companies receive very little (relatively) in terms of grants or research funding.
R&D spending can be amortized as a business expense when calculating a tax bill, so I suppose that could be repealed, raising the effective tax rate.