ex-chem

Roche / Genentech Is a Done Deal

Just another comment, in general---

>>>"We aren't producing enough good new drugs quickly enough."<<<&l...

You're right on--and it's not going to change, regardless of mergers, synergies, outsourcing nor high throughputs--

Americans (public, FDA, lawyers, class actions, judiciary, etc.) will no longer accept any pharmaceutical agent unless it is 100% effective, and 100% free of any and all side effects that can be imagined. The cost (and difficulty/improbabili... of producing such an agent is high enough that such agents will never be developed or sold.

The era of blockbuster medicines being developed is over--because Ma Kettle might develop a bunion, 300,000 people will hop on the class action, and an independent researcher from an obscure university/country will publish results confirming the bunion risk----and that will be that for the "miracle cure", and the pharma company touting said cure will be on the hook for millions/billions.

Would you invest in a climate like that? Not me.

ex-chem