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Biotech / Medical : MGI Pharma MOGN New patents, anti cancer

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To: Biomaven who wrote (810)3/21/1998 1:39:00 AM
From: Vector1  Read Replies (1) of 1826
 
Peter,
There is a big difference between DURA and MGI. First Dura has multiple Respiratory drugs. Virtually all of its products are subject to intense competition on the part of major pharmacuedical companies. As a result they felt that they were being outnumbered and loosing sales to inferior products because of lack of sales coverage. Salagen is an orphan drug, and thus will not have competition for 7 years for Sjogrens. In additon the market for head and neck is not large enough for large pharma to even consider.
Thus their alternatives are to go it alone and keep all of that juicy 90% margin to themselves. Outsource a sales force from a CRO such as Quintelles which will charge about 15-20% for a product like this. Or cut a deal with a pharma that will charge at least that much.
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