Might be that they just want a subsidized party every now and then...catering to and for traders?
At this point i'm beginning to wonder.
Ph3 trials are staggeringly expensive, and if they fail, our goose is cooked and then stolen.
Gee, i sure hope not after all these years.
If we can hold on long enough to become the SOC on even one construct, then we can make some real plump retirement money.
With a BO, we get some now, but they get the bulk of the benefit.
Of course they take the risk too.
If that happens we get a bit more short term, but still miss out on the big money further down the line.
So buy at closing today and sell on Friday, if you think so, but...
There are huge masses of computers and quants watching for this,
and if it's a consistent pattern, they are already there and damped the effect.
The unfortunate fact is that a number of companies have been jacking the cost of generic drugs at an unjustifiable rate each year, and that hurts poorer folks and the elderly badly.
They vote and the pols have to pay attention. That's where a lot of the backlash we are feeling comes from.
In the drug market it's hardly a free market!
BP's lobbies are amongst the oldest and most powerful in the country and very effective in protecting their interests. Why can't we buy foreign drugs at low prices like other countries? You know why.
Most drugs are sold through a limited # of middlemen, sometimes in succession, and a small player has real difficulty getting included.
The insurance companies and the hospitals both prevent free market forces from working with drug prices as well.
Americans pay twice as much as other industrialized nations for health care...There is little free market action here.
Blue: you are not counting the many millions the govt spends on supporting academic institutions that produce most of the basic research many drugs are based on, as will as all the NIH research grants, funding the FDA, and on and on.
Few corporations will fund basic research any more because most basic research comes to little and the bean counters rule. Without that serious and risky work in basic research, most progress grinds to a halt.
America was a world dominating economic powerhouse for so long in part because we spent money and did more basic research than anybody.
Shortsighted legislators cut back on R&D and education to save a few bucks;
And now China has overtaken us!
As for Solindra and the other outfit that went under...Remember that happened because we were in a race with China to own the solar voltaic industry and china won..They pumped way more $ into solar than we did and still own that enormous market.
Everyone who was paying attention knew that early funding of solar startups was necessary to establish a strong industry in the US, and we all expected there would be some failures. Solindra was one.
Sounds good, if expensive.
It's impressively better if consumed less than 10 minutes out of the water!
The difference is enough to make you a Sashimi Snob.
If possible, avoid the big bluefin tuna they all but worship, for 2 reasons.
1. they are loaded with mercury that increases as they mature ( mostly from coal burning).
2. The big old tuna they prize are the most effective breeders exponentially, in a declining population.
I've caught and consumed large amounts of that stuff across many species and have made it to 70 without worms crawling out of my nose.
Both are profoundly stupid fuels to keep on using.
The costs of cleaning up, storing the waste and decommissioning the Nuke plants that didn't blow up alone are so large that most of them will just sit there till we die....and thereafter. Then they will leak into the bodies of ware they were built next to.
LOL? The jokes on our kids and theirs, etc.
Carbon Tina? Huh?
Right about the plutonium though, and that's just 1 isotope of many.