Makers and Takers
Makers and Takers The Rise of Finance and the Fall of American Business By Foroohar, Rana Book - 2016

During my reporting for this book, one consultant who worked with the firm joked to me that Pfizer was really a "financial strategy in the form of a company," since it made most of its revenues acquiring other firms that actually knew how to create drugs, rather than investing in its own drug discovery. Another consultant said that Pfizer would be better off taking all the money it spent on R&D and burning it to heat its buildings in winter, given the general level of payoff from the firm's own research efforts.

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