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lookingforhope

When is a vaccine profitable?

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lookingforhope

'Zavoico also noted that if development of vaccine and adjuvant candidates in Agenus’ pipeline proceeds without any significant delays, unfavorable trial results, or other negative surprises, Agenus could become profitable in 2015.'

This paragraph is cut from: http://www.masshightech.com/stories/2011/09/26/daily22-Agenus-advances-herpes-vaccine-in-clinic.html

My question is prolly silly...when they say becoming profitable, does it mean that's when it will be on the market? Or just when they will start making back some of the money they spent?

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Movingslowly

A profit simply means the money spent exceeds the amount of money it took to make the drug. Trials, lab costs, manufacturing, marketing, and etc... Don't worry about this so much because the herpes market is estimated at $1 billion right now. Depending on the nature of the business will determine the profit turn around time.

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