A little over 30 years ago, Henry Gadsden was the CEO of Merck Pharmaceuticals. And he was distressed that his products were limited to sick people. He wanted to expand the market. In fact, he wished Merck could become more like “Wrigley’s chewing gum.” He openly dreamed of making drugs for healthy people. That way, Merck could “sell to everyone.”
At more than $10 a pill, Viagra pulls in over $2 billion a year in sales. It’s a monster money-maker for Pfizer, but they aren’t the only ones in on the action.
Big Pharma is on the hunt for ways to help you lose weight.
Sounds like a good thing, doesn’t it? Not so fast. The US weight loss market is a cash cow worth more than $60 billion.
A new study shows that flu shots don’t work nearly as well as experts think they do.
Researchers now think they only work for about 60 percent of people.
At $10 a pill, Viagra brings in over $2 billion a year. That’s more money than it costs to run both Fiji and the Bahamas for a year.
It’s a monster money-maker for Pfizer but they aren’t the only ones in on the action.