Post by
SAGE1 on Sep 27, 2015 5:28pm
Pharma and Bio tech runaway train
This is ludicrous. If someone netted 30K income for 25 years they could not pay for 1 year treatment.
https://www.stockhouse.com/news/newswire/2015/09/25/u-s-drug-company-challenges-ottawa-s-ability-to-control-patent-drug-prices
Comment by
mdaffin on Sep 28, 2015 3:18pm
Apparently, they are only making 22 % margin - but I don't know if that is for manufacturing and sales, or it includes development (which I suspect it does). Was watching LABU/D but I had a lousy sleep and decided not to play for real but on paper. Would have been a nice pay day.
Comment by
SAGE1 on Jan 13, 2016 2:46pm
Train got derailed IBB 52 week low.