Drug Company Profits in 2000

"In 2000, the pharmaceutical industry was, once again, the most profitable U.S. industry, and profit margins in the industry were nearly four times the average of Fortune 500 companies. According to the Families USA report, three companies - Merck, Bristol-Myers Squibb, and Abbott Laboratories - received twice as much in net profits than they spent on research and development. Three other companies - Eli Lilly, Schering-Plough, and Allergan - received more money in net profits than they spent on research and development. "
- Report from Families USA

Company Revenue (Net Sales in millions of dollars) Profit (Net Income) Marketing/ Advertising/ Administration R&D
Merck and Co, Inc. $40,363 17% 15% 6%
Pfizer Inc. $29,574 13% 39%% 15%
Bristol-Myers Squibb Company $18,216 26% 30% 11%
Pharmacia Corporation $18,144 4% 37% 15%
Abbott Laboratories $13,746 20% 21% 10%
Eli Lilly and Co. $10,862 28% 30% 19%
Schering-Plough Corporation $9,815 20% 36% 14%
Allergan, Inc. $1,563 14% 42% 13%