Big Pharma makes historic earnings by increasing drug prices during a pandemic

Pharmaceutical firms are unveiling their Q2 earnings right now, and America’s largest drug manufacturers are flexing their muscles. Drug giants Bristol Myers Squibb, Merck, Novartis and Johnson & Johnson all boasted Q2 earnings in the billions. Those companies posted $1.1 billion, $1.2 billion, $2.9 billion, and a whopping $6.3 billion in net earnings, respectively.

Read the source article at lowellsun.com
2021-08-12 21:26:45