STAT+: Novartis’ $3 billion MorphoSys boondoggle

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Novartis’ $3 billion MorphoSys boondoggle

Oh man, there I go. Sorry, I can’t help myself. I’m fascinated by the very real possibility that Novartis, one of the largest and most successful pharma companies in the world, is on the cusp of burning $3 billion of its cash in a furnace.

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