The Drug Industry Larger than Recording Industry

Here is an eye-opening comparison of financial numbers between the United States recording industry and the sale of Lipitor. Lipitor is a drug used to fight high cholesterol. The sale of this one drug made Pfizer, its maker, $5.7 billion in 2009. For that same period, the whole of the United States sales of recorded music made the industry a total of $4.6 billion. One drug for one company, made $1 billion more than the recording industry. Not only does the record industry take in less money that the maker of Lipitor, but that is sliced up into far more slices.

Instead of wanting to grow up to be a pop star or break into American Idol I want to take chemistry! By the way, the estimated market for marijuana for the United States has been estimated to be somewhere between $30 to $50 billion.

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