Replies to post #34996 on Biotech Values

[ghmm]

Just a guess but I'd think Millennium is one... I am taking this is operating loss and not loss in market cap :)

[DewDiligence]

Quiz answer re money-losing biotechs

Q: Name three Massachusetts-based biotech companies who have between them lost more then $4B since their inception.

Readers have correctly named the threesome of MLNM ($2.5B of cumulative losses), SEPR ($1.6B), and VRTX ($1.0B).

The mystery fourth big money loser is ALKS, which has amassed $600M of cumulative losses since inception.

Hence, these four companies between them have lost almost $6B (!) since inception.