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To: GraceG

Profit margins in pharma aren’t what you think. Compliance with regs means that the effective cost of bringing a new product to market is just under $1B.


63 posted on 12/16/2013 6:43:52 PM PST by oblomov
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To: oblomov
the effective cost of bringing a new product to market is just under $1B.

Probably take them a couple months to recoup that. Viagra at $10.00 a pop and covered by medicare hardly seems like a gamble.

118 posted on 12/16/2013 10:22:16 PM PST by itsahoot (It is not so much that history repeats, but that human nature does not change.)
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