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  1. 3,488 Posts.
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    @Ahmed

    Watching tonight's SixtyMinutes. The melanoma drug the woman used only worked in 40% of patients!

    Nivolumab was discovered by Medarex using its specialized checkpoint inhibitor program. Medarex was bought out by Bristol Myers Squibb for $2.4B "largely on the strength of its checkpoint inhibitor program"

    Its a drug that doesn't work in 3 out of 5 patients....and they bought the company for $2.4B... (it's used in metastatic melanoma and small cell lung carcinoma)

    Imagine, for a second, if DMX-200 works in >50% of patients, and DMX-250 is equally efficacious.... The tech backing it up would be worth billions.

    It's doesn't need 100% efficacy to be valuable.
 
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