3min chapter

Hacker News Recap cover image

February 17th, 2024 | Big Pharma spends billions more on executives and stockholders than on R&D

Hacker News Recap

CHAPTER

Introduction

The chapter delves into the Senate's investigation into big pharma's spending habits, revealing a focus on executive payouts rather than research and development. It also addresses investor scrutiny of pharmaceutical companies and the imbalance between profits and funding for new treatments.

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