Women will literally die, without this breakthrough drug (much like Keytruda™ / pembrolizumab). As the graphic indicates, if we very conservatively guess that Merck only achieves 20 percent market penetration in the first five years, it will get back the entirety of what it paid for all of Acceleron -- in cash. Everything after that is pure profit. And if it reaches a larger portion of the patients here and overseas, in time -- it will make over 100X on its investment -- before the patents expire.
Yes, I am a capitalist -- dyed in the wool. But this seems. . . unduly excessive.
I am long Merck stock -- and I support the immense scientific advances -- life saving advances, in fact -- it generates. [And of course, a much better candidate could emerge at BMS, Amgen or Abbott or Baxter. . . but that is no excuse for gouging, today. And this does look like. . . gouging, to my experienced eye.]
But seriously -- Merck should be looking more often at math that pays back over the 20 years of the patent life. Not payback in the first five years. With great ability. . . comes equally great. . . responsibility.
That is to say, Mr. Davis ought to be careful, that his first mover advantage in various arenas. . . is not blunted by Executive Order, or Congressional action. At some point, if the cost of US health care reaches a quarter of GDP, he is going to see a lot more of "required bargaining" -- by HHS; or an outright and early grant -- of patent free generics, for these and other therapies -- and perhaps one-fiftieth of these prices. Damn. Onward.
नमस्ते
2 comments:
on a different note: https://www.nytimes.com/2024/03/26/us/politics/trump-bible.html. unreal..and his supporters will shell out the $....mindboggling....
You know, Anon. . . I keep saying that nothing he would ever do could surprise me any longer. . . and then he finds a way. . . to be even more deplorable than I could ever have imagined.
I thought the gold sneakers, and the fail-son's commentary -- to the effect that they'd help him win over "blacks". . . because "they" love sneakers. . . I thought that was rock bottom.
Nope. And though I no longer adhere to these covenants, I'd love to be a fly on the gates, when Tangerine meets St. Peter -- about selling $60 bibles. Pete is likely to call for the "Big Guy" hisself, to come down -- and ask DJT about selling SELLING! the word of G*d, when many outlets hand it out free, to all who may ask.
I N S A N E.
And I hear he's already violated the latest gag order, attacking the judge's family.
Damn.
Post a Comment