It's Official - Reconciliation It Is
Here it is:
Most of the pivotal research is not done by competitive private companies. In the last 50 years, out of the most pivotal drugs used and introduced to the healthcare system, in the case of 75% of those drugs, public funding was essential and instrumental for their development. Meaning that absent public funding those drugs would never have been developed or at the very least would have taken a much longer time to be brought to market.
http://opa.faseb.org/pdf/2008/nih_research_benefits.pdf
You also have these same companies spending nearly triple the amount on advertising and marketing instead of R&D. Making profits in excess of almost triple what they spend on R&D.