"with only a 30% success rate in companies passing phase 2 trials"
I believe the figure of 30% is for all trials - the success rate for trials using topical application are not separated out and can be expected to be higher than 30%.
Further, BOT has at least three products in the pipeline and, IMO, another potential mystery product, so when one does one's sums 8.1 cents appears farcical.
I just watch the strange antics with glazed detachment and cynicism.
BOT, page-34
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