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"half a billion per monkey"

Sunday,  01/30/11  09:02 PM

This I have to share: So I'm at a business meeting over dinner, wine served, and discussion turns to a company which was sold for $3B on the basis of a "six monkey trial".  (aka, a rather sketchy study conducted to show pre-clinical safety and efficacy of a new drug.)  All were flabbergasted at the value created by potentially effective new drugs.  And it was noted "that's half a billion per monkey"!  (tap tap, crash)