Avid Bioservices Inc (CDMO)

[stoxx]

What's interesting also is the money spent on research and advertising

estimated $100 billion spent on biomedical research in the U.S. each year. Pharmaceutical and medical device companies contribute approximately 60 percent.

For every $1 spent on “basic research,” Big Pharma spends $19 on promotions and advertising.

A single manufacturer, Boehringer Ingelheim, spent $464 million advertising its blood thinner Pradaxa in 2011. The following year, the drug passed the $1 billion sales mark. The money in this business appears to be well-spent.

https://www.drugwatch.com/manufacturer/


How much will they pay for PS Targeting???