Oxycotin Blues by Steve Earle
Below is "The Corporation" (a documentary about how a corporation is a sociopath. Very good. 144 minutes)
| Subject: profits / revenue comparison for Pharmaceutical Industry vs. Oil Industry Category: Miscellaneous Asked by: groovygrace-ga List Price: $2.00 | Posted: 27 Jul 2002 16:19 PDT Expires: 26 Aug 2002 16:19 PDT Question ID: 45926 |
which industry is bigger (especially in terms of United States corporations): oil, or pharmaceutical ? need statistics in terms of total revenue vs. profits. thank you. |
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| Subject: Re: profits / revenue comparison for Pharmaceutical Industry vs. Oil Industry Answered By: claudietta-ga on 10 Aug 2002 23:29 PDT Rated:  |
Dear Groovy Grace, The petroleum industry is much bigger than the pharmaceuticals industries. 1) The petroleum industries top 25 participants in the US = $735 billion 2) The pharmaceuticals industries top 25 participants in US = $301 billion This I found in a database at business school library called Onesource. Both indusstries are concentrated industries in that 80% of the sales are produced by 20% of the participants. Therefore the numbers aboves should be highly good indicators. The petroleum industry is a commodity industry and by nature it is low in profit. By contrast the pharmaceuticals industry is reseach & development based, which by nature is very profitable. This are facts learned in business school. Search more information in the following trade association pages. American Petroleum Institute U.S. Department of Commerce U.S. Department of Energy: Energy Information Association International Association of Oil and Gas Producers Pharmaceutical Research and Manufacturers of America U.S. Food and Drug Administration Drug Information Association If I can clarify the above please let me know. I hope this is what you were looking for. Claudietta |
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