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Re: big orange post# 6378

Saturday, 08/23/2014 2:13:34 PM

Saturday, August 23, 2014 2:13:34 PM

Post# of 9944
I am going to wait to let the court system call out the documents on who said what and when and why. We will all see then.

The long and torturous road as you speak of is up to 15-20 years. We are at 12 years now. If they go a full PIII then we are at the short end of normal.

They have spent less than $150 million compared to 1.5 to 5 billion for big pharma.

http://www.forbes.com/sites/matthewherper/2013/08/11/how-the-staggering-cost-of-inventing-new-drugs-is-shaping-the-future-of-medicine/

From a certain point of view they are ahead of the game.

What is torturous is biotech investing. Most of the public never sees what I consider "the norm". We chose, however, to get in the roller coaster. For some people it is thrilling, some throw up.
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