4 ms·
No, he's just saying that private companies can focus on the long term as well, if it's in their interest.
by corentin 18y ago
No, he's just saying that private companies can focus on the long term as well, if it's in their interest.
- dangoldin 18y agoThat's true but I think the pharmaceutical industry is an exception due to all the regulation. If it were possible to market drugs in 5 years instead of 10 most companies would focus on the 5 year drugs. With a 10 year drug there is a lot of uncertainty and is a reason there has been a lot of mergers in the pharmaceutical industry over the past few decades. A big company will contribute a sales force to sell the smaller company's products and then will just acquire them if things are going well.