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Re: KMBJN post# 121591

Friday, 05/27/2016 10:21:13 AM

Friday, May 27, 2016 10:21:13 AM

Post# of 146196
BINGO!

Who would care at that point that the drugs cost $63M to develop over 11 years - if they brought in $40-$100s of M per year in profit for just one of them?


Much like any other developmental stage biotech/biomed company,... there are a lot of up-front sunk costs to get to that revenue-generation stage,....

Until that revenue stream actually does start to flow,... they all look bad from a strictly bookkeeping standpoint.

“The two most powerful warriors are patience and time.”
- Leo Nikolaevich Tolstoy

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