After 40 plus years when someone said, "Hey let's
Post# of 30027
Quote:
After 40 plus years when someone said, "Hey let's try Amantidine for Parkinson's". I am sure someone said that old drug would be worthless to Parkinson’s patients.
from my own past experience i owned a company called Questcor (QCOR) and they bought a OLD drug called Acthar Gel for ony $100k
and guess what..... they turned it into a succesfull drug and then the company was bought out by Mallinckrodt for $5.6B..... yes BILLION!
Quote:
Questcor's well-executed strategy flowed from its own acquisition of the neglected Acthar, an injectable anti-inflammatory preparation that had been around for decades
https://www.barrons.com/articles/questcor-acq...1396973345
Made me a 12x bagger in like 4 years time
So i agree with your statement!