To: Mase
Is that why it only takes 12 years and $800 million to bring a new drug to market? LOL!
That's right. And if you try to short circuit the process, like Balco of San Francisco, who developed performance enhancing drugs for athletes when it was legal, expect the DOJ to rein terror on your operation, turn your executives into criminals and take all your assets under some drug forfeiture statute. Just try and compete against Big Phama and that's what you get.
37 posted on
05/14/2007 1:03:55 PM PDT by
jackieaxe
(This one hour pre-flight security screening is brought to you by the Kingdom of Saudi Arabia)
To: jackieaxe
Just try and compete against Big Phama and that's what you get. Yet companies are doing it all the time. VC capital flows heavily to new drug technologies and many of them are start ups. There is still plenty of competition.
Or do you think that, on average, having just five years to recoup your $800 million investment, before it goes generic, is just another way the government helps big bad pharma?
39 posted on
05/14/2007 1:26:04 PM PDT by
Mase
(Save me from the people who would save me from myself!)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson