The Embarrassing Part about Big Pharma’s Dirty Little Secret

Jeffrey Goodman
11 min readSep 4, 2023

A good definition for the word “chutzpah” is “unmitigated gall.” Here’s a real-life example from a Big Pharma CEO.

Photo by freestocks on Unsplash

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How often are we told that prescription drug prices in the U.S. must be expensive because “if pharmaceutical companies can’t charge high enough prices, they won’t be able to afford the R&D (research and development) costs necessary to develop all the new drugs that sooo benefit all of us Americans?”

Pretty often, right? I know I hear it all the time.

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Jeffrey Goodman
Jeffrey Goodman

Written by Jeffrey Goodman

Navigating facts and numbers to help people. Strong opinions on climate change and healthcare. Objective, not neutral. MIT engineer, Wharton MBA.

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