Tax credits for pharmaceutical research, development and marketing?

Int J Risk Saf Med. 2022;33(3):229-234. doi: 10.3233/JRS-227018.

Abstract

Background: The pharmaceutical industry is believed to receive considerable support through research and development (R&D) tax credits.

Objective: The objectives of this paper are (a) to show that many of the pharmaceutical industry's apparent R&D activities are entangled with marketing efforts, and (b) to argue that supporting these activities through tax credits does not serve public interests in health.

Methods: The bulk of this paper summarizes the author's extended qualitative mixed-methods approach to following connections between pharmaceutical research and marketing.

Results: The pharmaceutical industry's R&D should be understood as broadly entangled with marketing, and so generally should be understood as integrated research, development and marketing (RD&M).

Conclusions: R&D tax credits to the pharmaceutical industry largely do not serve public interests.

Keywords: Research and development (R&D); marketing; pharmaceutical industry; tax credits.

MeSH terms

  • Drug Industry
  • Humans
  • Marketing
  • Pharmaceutical Research*
  • Taxes