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Innovation Pharmaceuticals IPIX
Posted On: 08/20/2015 5:03:49 PM
Post# of 72444
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Posted By: Drano
Billion dollar buyout for "female viagra" possibly dangerous drug, huh?

Quote:

Valeant Buys Maker of 'Female Viagra' Drug for $1 Billion The deal for Sprout Pharmaceuticals came a day after the F.D.A. granted approval for the drug, called Addyi.



So if a possibly dangerous drug with a relatively limited patient base is worth a billion, what's a novel antibiotic worth? A billion bucks would be 5.3 times our current market cap.













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