Among the 10 largest pharmaceutical companies by revenue, seven spent more on marketing expenses in 2020 than research and development.
What's to blame for the high costs of our health care system? It depends on who you ask. Drug manufacturers will point to the high cost of health insurance, and health insurers will point to the high cost of drugs.
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Emily Payne
Emily Payne is director, content analytics for ALM's Business & Finance Markets and former managing editor for BenefitsPRO. A Wisconsin native, she has spent the past decade writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.
