Re:Cost of developing new drugs may be far lower than indust...
by BurningFrog on Saturday April 27, 2024 @12:49PM
(#40181408)
OK, I agree with this.
My claim was a bit too strong. But I think my general point stands.
If the company is spending $1B/yr for a 1% return in that division, but the return on bonds is 5%, the financial answer is to liquidate, and put the cash in bonds.