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Blood donation is often seen as a noble act, but the reality is different. Plasma, the main component of blood, is more expensive than oil. The majority of donated blood is sold to pharmaceutical companies, a fact that the Red Cross doesn't advertise. These companies are interested in plasma because it contains valuable proteins used to make expensive drugs. The plasma industry is dominated by a few companies, such as Baxter, CSL bearing, Gyrfolds, and Octapharma. They collect, freeze, and mix thousands of liters of human plasma to create drugs. This industry is worth $17 billion and continues to grow.