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A comment on Big Pharma spends billions more on executives and stockholders than on R&D. Parent comment

Re:Big Pharma spends billions more on executives and stockho... by koenneker on Saturday February 17, 2024 @01:11PM (#39411807)
There are some examples of this like Novo Nordisk. They operate as a wholly owned subsidiary of a nonprofit foundation[1] whose purpose is to encourage medical research.

[1]https://en.wikipedia.org/wiki/Novo_Nordisk_Foundation

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Re:Big Pharma spends billions more on executives and stockho... by bart_spoon on Saturday February 17, 2024 @02:27PM (#39412582)
Novo Nordisk is publicly traded and has received just as much flak as anyone for supposedly exorbitant pricing of its insulin as well as its block buster weight loss drugs Ozempic and Wegovy, which are poised to become among the most profitable drugs ever made.

If that is what non-profits in Pharma are supposed to be, what is the difference with for profits?

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