To Better Understand the U.S. Drug Industry...

Read this New York Times special report:

nytimes.com/2013/10/13/us/th … reath.html

A few references to Merck:

“While drug companies generally remain highly profitable, recent trends have meant tough times for some companies, including Merck, whose profits crashed 50 percent this year primarily because the patent expired on its best-selling asthma pill, Singulair.”

“Despite its financial woes, Merck spent $46.3 million to advertise its steroid spray, Nasonex, according to fiercepharma.com, a Web site that tracks the industry’s advertising.”