PAR 2.08% 24.5¢ paradigm biopharmaceuticals limited..

C'mon Mozz "reasonably received back then", seriously? We are...

  1. 671 Posts.
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    C'mon Mozz "reasonably received back then", seriously? We are living in the now and the hard truths are that none of the 32+ NDA signees (professionals from Pharma companies that do this for a living) recognised anything in the data room, that would have them want to stump up anything, or recommend to their boards that they should part with a small percentage of their R&D budgets.
    In fact, here's what the top 20 R&D spends looked like back in 2022 and none of them decided PAR was worth any of their time or money.

    Ranked by sales revenue

    1

    Nett Income 2022

    R&D expense 2022

    0m as % of R&D

    2

    #1-Pfizer

    $31bn

    $12.3bn

    0.84%

    3

    J&J

    $21.2bn

    $14.6bn

    0.68%

    4

    Roche

    $13bn

    $15bn

    0.66%

    5

    Merck

    $14.5bn

    $11.8bn

    0.85%

    6

    Abbvie

    $11.7bn

    $6.5bn

    1.54%

    7

    Novartis

    $6.9bn

    $9bn

    1.11%

    8

    Bristol Myers

    $6.3bn

    $9.4bn

    1.06%

    9

    Sanofi

    $8.8bn

    $6.7bn

    1.5%

    10

    AstraZenaca

    $3.2bn

    $9.6bn

    1.04%

    11

    Glaxo

    $18bn

    $6bn

    1.69%

    12

    #20- BionTech

    $9bn

    $2bn

    5%

    13


 
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