PAA 2.63% 19.5¢ pharmaust limited

Ann: PAA completes Phase 1 and files for Orphan Drug Designation, page-35

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,066 Posts.
    lightbulb Created with Sketch. 2158
    Hi NZT and all,

    Your thoughts on this please.

    The profit margin on orphan drugs is higher than the pharmaceutical industry average. Orphan drugs are reported to have a gross profit margin of over 80%, whereas the pharmaceutical industry average is 16%5. This higher profit margin is attributed to factors such as higher pricing, market exclusivity, and incentives related to research and development . Publicly listed pharmaceutical companies that are orphan drug market authorization holders are associated with higher market value and greater profits than companies not producing treatments for rare diseases.

    Kpax
 
watchlist Created with Sketch. Add PAA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.