IHL 0.00% 4.1¢ incannex healthcare limited

Ann: Lease Secured for Psychedelic Clinic, page-68

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  1. 1,558 Posts.
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    To be honest 40% profit margin is super high for any industry.

    Any idea, why no big pharma think of getting into this industry? Fairly low entry requirements.

    - cost is relatively low compare to R & D for a new drug
    - set the whole thing up less than 12 months, if IHL can do it, I don't see why big pharma can't
    - just need to hire someone who can authorise the use of MDMA
    - hire someone reputable and qualified to oversee the project
    - find supplier for the drug

    Sorry for playing devil advocate here. But as someone so sensitive to number, 40% net profit margin is like a dream.
 
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