How to Earn Outsized Profits in Copycat Pharmas Like Alkermes (ALKS)
Jul 22nd, 2008 | By Dr. George Huang | Category: Stock Market InvestingDrug discovery is high-risk, high-reward. It takes about 10 years and $1 billion to bring a new drug to market. And only one of 10,000 new prospects ever makes it to pharmacy shelves. Those that do fetch monopoly-like margins and can bring in billions in sales.