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Re: bas2020 post# 481702

Friday, 06/03/2022 4:07:14 PM

Friday, June 03, 2022 4:07:14 PM

Post# of 701981
Its you prerogative to believe in an urban legend I live in reality


https://www.statnews.com/2019/12/10/large-pharma-companies-provide-little-new-drug-development-innovation/

Do large pharma companies provide drug development innovation? Our analysis says no



so how would BP grow if its doing any R&D

the answer is they buy small biotechs not obstruct them its a fact not an urban legend


The 34 Pfizer products discovered by third parties accounted for 86% of the $37.6 billion in revenue that its 44 leading products generated. The 16 J&J products invented elsewhere accounted for 89% of the $31.4 billion that its 18 leading products generated. Clearly, the existence of Pfizer and J&J as profitable pharmaceutical manufacturers is dependent on the acquisition of drugs invented by third parties.

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