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biomaven0

03/07/11 2:24 PM

#116003 RE: DewDiligence #115998

I don't know the actual number, but this sounds very low to me - I would guess that even the combined top 10 handsomely exceeded this number:

industrywide research and development spending has nearly doubled to $45 billion a year over the last decade



Peter
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nivasvs

03/07/11 3:06 PM

#116017 RE: DewDiligence #115998

This statement "Roche paid $46 billion for Genentech" which in fact is the part of the total value whci is off by ~ $50 billions.