Pharmaceutical companies spend billions on the research and development of new drugs, but thats nothing compared with the profits they get in return for selling the,. It also helps that the US government grants drug companies long patents that prevent the availability of cheaper, generic versions. Pfizer, Bristol-Myers Squibb, and Schering-Plough produce and sell some of the best selling drugs in the world, but the same drugs can be found much cheaper, either through the pharmaceutical gray market on the internet, or in canada where generic equivalents are more readily available.
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