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DewDiligence

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DewDiligence

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Re: masterlongevity post# 143215

Monday, 06/04/2012 5:02:57 PM

Monday, June 04, 2012 5:02:57 PM

Post# of 252302
Cancer-drug candidates—a sucker bet?

With this many [cancer] drugs in development, I think the success rate will probably decrease.

If you define success from a commercial standpoint, your assertion is guaranteed. There are only so many reimbursement dollars available in the aggregate for all cancer drugs, so it’s mathematically impossible for more than a tiny percentage of these drug candidates to be commercially successful.

There are exceptions, of course; however, all told, cancer-drug candidates are a sucker bet, IMHO.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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