3 ms·
Nice to see! This was developed in the UK for £11million and sold to Bristol Myers Squib for USD 14billion... https://wellcome.org/news/new-treatment-for-schi
by pcrh 2y ago
Nice to see!
This was developed in the UK for £11million and sold to Bristol Myers Squib for USD 14billion...
https://wellcome.org/news/new-treatment-for-schizophrenia-Cobenfy https://wellcome.org/news/new-treatment-for-schizophrenia-Co...
- hackernewds 2y agoThat's quite a handsome return. Which BMS feels empowered to do to since they can charge exorbitant amounts for it I often am against the narrative that every pill should be priced at the cost of manufacturing + healthy margin, since by that logic the first pill should cost billions to cover for the R&D. In this case, it doesn't quite translate.