From 2011-2019, large drug companies had a return on investment capital of 17.3 percent, compared to the average ROIC across all other industries of 11.5 percent. (Photo: Shutterstock)
Pharma has been countering the call for government-mandated price restrictions by arguing that lower industry revenues would stymie development of needed drugs.
A group of researchers at the West Health Policy Center and Johns Hopkins Bloomberg School of Public Health say that's a lot of hooey–claiming they have the data to back that up.
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Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
