Biotech Values

[GrthzGd]

I don't think you meant that RTRX is "rent seeking," which refers to a company devoting resources to influencing politicians to bend the law to favor its products over those of its competitors. An example of quasi-rent seeking might be Teva's devoting resources to making spurious patent filings to extend the patent protections for Copaxone instead of developing or buying newer and better drugs. There are probably many other examples that we don't see, such as perhaps, companies' paying high priced lobbyists to insert language into bills to further the reimbursement for particular drugs through Medicare.