There have been many complaints about prescription drug prices lately.
Critics seem to think drugs cost too much, and they point to drug company profits as proof.
The implication is that price controls would make drugs more affordable, especially for seniors. Let s see. The pharmaceutical industry is the most profitable in the country. This claim comes from Fortune magazine s annual survey of the top 1,000 companies. Amgen had the highest profit at 33 percent, with American Home Products the lowest, having lost 9 percent.