Many individuals would tell you that the pharmaceutical industry creates customers rather than cures. Unfortunately, this can be backed by statistics and here are a few. It is estimated that 70% of Americans take at least one pharmaceutical drug every day. The largest growing market for pharmaceutical medications is being pointed towards our children. Over the past 17 years, pharmaceutical companies have undoubtedly spent more money on lobbying than any other industry around the world.
It is estimated that in 2015 that big Pharma spent over 230 million dollars on lobbying efforts. One of the major things that pharmaceutical companies lobby against is marijuana legalization because it is showing that it can be a healthy natural alternative to many of their deadly and harmful drugs. In 2013, there were nearly two million people in the US that went bankrupt due to medical bills. It is estimated that over 56 million Americans under the age of 65 have issues in paying their medical bills.
Many of these debts come as a result of shady insurance company practices as well as overpriced treatment and drugs. If you look at the next statistics, you can easily see how pharmaceutical companies are more focused on making a dollar than saving lives. One of the biggest Spenders in the pharmaceutical industry is Johnson & Johnson.
In 2013, they spent nearly 17.5 billion dollars on marketing and sales and only half of that coming in at 8.2 billion dollars for research and development. These are just a few of the shocking truths surrounding pharmaceutical companies and how they are profiteering off of sick individuals.