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» The Dirty Secrets of Your Trade
The Dirty Secrets of Your Trade
I work for a pharmaceutical company. This will probably not come as a suprise to anybody, but the mark-up on our products is staggering - we're talking profit margins of 6000% plus. We're also pretty profligate in terms of air-freight (although this is not confined to the drug trade). Got a drug that you manufacture in the UK and want to export to, say, France but can't because of international licensing laws? No problem - just find a country that you can export it from - let's say Australia for instance. Then all you need to do is fly it over to Australia and put it straight on a flight back to France. Problem solved. The big drug companies have constant streams of planes just touching down and taking off again in places with favourable licensing laws.
(Sat 29th Sep 2007, 19:22, More)
The Dirty Secrets of Your Trade
I work for a pharmaceutical company. This will probably not come as a suprise to anybody, but the mark-up on our products is staggering - we're talking profit margins of 6000% plus. We're also pretty profligate in terms of air-freight (although this is not confined to the drug trade). Got a drug that you manufacture in the UK and want to export to, say, France but can't because of international licensing laws? No problem - just find a country that you can export it from - let's say Australia for instance. Then all you need to do is fly it over to Australia and put it straight on a flight back to France. Problem solved. The big drug companies have constant streams of planes just touching down and taking off again in places with favourable licensing laws.
(Sat 29th Sep 2007, 19:22, More)