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The pharmaceutical industry, long thought of as a recession-proof investment, now faces a day of reckoning. The reasons for this impending downfall are not hard to discern. The prices the industry charges for its prescription drugs have escalated at four to five times the cost-o…
"The global pharmaceuticals market generated $934.8 billion revenue in 2017 and forecasters predict 5.8% annual growth for the sector through 2021. In the U.S. alone, national health expenditures on medications are forecast to reach $605 billion in 2026; the pharma audit and dat…