Blackrock is the largest shareholder in the major Pharmaceutical industries i.e. J&J, Merck, etc.etc.etc. where the payback to shareholders is greater than the dollars spent on R&D..
Check out; Gerlad Posner...Pharma, a book about the industry...Greed, lies, and the Poisoning of America...Blow your mind...and speaking of the big three...they collectively own almost 50% of the largest companies on the Fortune 500. Yes big connections...Butt, to what end?