>Pfizer has watched torcetrapib, asenapine, and indiplon turn from potentially replacing all of that loss, or more, to write-offs on its balance sheet.<
Let’s not forget Macugen for AMD. PFE paid EyeTech (now part of OSIP) more money in milestones than the drug sold during its entire time on the market.
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”