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re: Vivek. The man from nowhere

Posted on 8/27/23 at 9:52 am to
Posted by Diseasefreeforall
Member since Oct 2012
5917 posts
Posted on 8/27/23 at 9:52 am to
This is so stupid. Of course a clinical stage drug company is not profitable but the claim that Roivant's drugs have all failed trials is false because their drug for severe ulcerative colitis recently reported such positive long-term phase 2 results that Roche is reportedly interested in buying it for $7 billion.
Posted by the808bass
The Lou
Member since Oct 2012
114088 posts
Posted on 8/27/23 at 9:58 am to
That’s a wild valuation for a product with a relatively niche application.
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