← Return to Puzzled by drug prices

Discussion

Puzzled by drug prices

Prostate Cancer | Last Active: Aug 27 4:05pm | Replies (23)

Comment receiving replies
@chipe

Yes, it does! When I was a kid and worked for Burger King, I remember the District Manager coming into our store and reaming out the manager because they hadn't met the 20% net profit bottom line for two months—they missed it by 1%, lol. It's everywhere!

Jump to this post


Replies to "Yes, it does! When I was a kid and worked for Burger King, I remember the..."

Different sectors work with different profit margins -- there's no standard. For example, the big Canadian grocery chains get by with a post-tax net income of 2–4% of gross sales because they're high-volume businesses. I have no idea what the baseline would be for pharma.