Oireachtas Joint and Select Committees
Wednesday, 6 March 2019
Joint Oireachtas Committee on Health
National Medicines Strategy: Discussion
Mr. Robbie Lawlor:
Marketing is not the only issue. We know that pharmaceutical companies spend vast amounts of money on share buybacks. A report entitled The People's Prescription shows that in the past ten years, Pfizer spent $139 billion on share buybacks and dividends compared with $82 billion on research and development, and that is not including marketing.