E

veryone loves a winner, but who are they? Let us help you figure it out. Each Friday, we will provide a quick rundown of individuals or companies that accomplished something worth noting. But to be fair, we will also point out those who, well, had a rough time. And if you have a nomination, send us a note. We would not want anyone to feel left out, even the losers.

Winners:

Marathon Pharmaceuticals: You know what they say: Make lemonade out of lemons. After enduring intense political heat over the $89,000 price tag it slapped on a recently approved rare disease drug, Marathon unexpectedly sold the medicine. But the company stands to come out way ahead. Marathon gets $140 million, plus another $50 million milestone payment and royalties for a decades-old steroid. Meanwhile, the company reportedly bought old data that formed the bulk of its marketing application for less than $1 million and spent anywhere from $6 million to $60 million on additional pre-clinical studies, but probably closer to the low end. And Marathon declined to sell a voucher it was awarded by the FDA along with the approval, which can be worth about $125 million. Not a bad deal, eh?

This is a STAT Plus article and you can unlock it by subscribing to STAT Plus today. It's easy! Your first 30 days are free and if you don't enjoy your subscription you can cancel any time.
Already a subscriber? Log in here.

Leave a Comment

Please enter your name.
Please enter a comment.

  • A winner and a loser. Patrick Swailes Caldwell hoverboards his way around the stage as Martin Shrkeli in an updated off Broadway production named “Pharma Bro: An American Douchical”.

Sign up for our Morning Rounds newsletter

Your daily dose of news in health and medicine.

X