CXS 0.00% 70.0¢ chemgenex pharmaceuticals ltd

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  1. 28,706 Posts.
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    example here of how bio-techs get ripped

    an Aussie bio-tech develops medicine for a disease

    the new medicine is a huge improvement for certain kinds but a minority of the disease

    the USA FDA makes problems for the Aussie bio-tech because Big Pharma does not want the Aussie bio-tech to have access to the entire market for the disease

    Big Pharma only want the Aussie bio-tech to have limited access, to the minority of the market where is is most needed

    the USA FDA make problems in the service of Big Pharma and Big Pharma then take over the Aussie biotech for a small proportion of its value

 
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