Big Pharma is one of the most powerful industries in the world. The global revenue for pharmaceuticals was over $1 trillion. But nowhere else in the world do the drug and medical device industries have as much power and make as much money as in the U.S.Six of the top 10 pharmaceutical companies have their headquarters in the U.S. These include Johnson & Johnson, Pfizer, Merck, Gilead, Amgen and AbbVie.But only 28 percent of Americans have a good opinion of Big Pharma. In fact, Big Pharma is the second most hated industry in America. Its right behind the tobacco industry and the oil, gas and chemical industry.Big Pharma is also the biggest defrauder of the Federal Government under the False Claims Act, according to consumer watchdog group Public Citizen.The industry has a history of fraud, bribery, lawsuits and scandals. Despite criminal charges and fines, Big Pharma companies continue to do business.
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Big Pharma is one of the most powerful industries in the world. The global revenue for pharmaceuticals was over $1 trillion. But nowhere else in the world do the drug and medical device industries have as much power and make as much money as in the U.S.Six of the top 10 pharmaceutical companies have their headquarters in the U.S. These include Johnson & Johnson, Pfizer, Merck, Gilead, Amgen and AbbVie.But only 28 percent of Americans have a good opinion of Big Pharma. In fact, Big Pharma is the second most hated industry in America. Its right behind the tobacco industry and the oil, gas and chemical industry.Big Pharma is also the biggest defrauder of the Federal Government under the False Claims Act, according to consumer watchdog group Public Citizen.The industry has a history of fraud, bribery, lawsuits and scandals. Despite criminal charges and fines, Big Pharma companies continue to do business. Reply Report