Merck's Curious MS Acquisition Was A Gamble Worth Taking
The odds may be extremely long, but when the wager is just $1.5m for a phase II-ready product in a major therapeutic area, it may just be worth a flutter. That could be the thinking behind Merck KGaA’s (MRK) decision to acquire PI-2301 from the bankrupt debris of Peptimmune…
Merck KGaA is not MRK. LMAO
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”