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Thurs news: Sage R&D layoffs. Another Sanofi radiopharma deal. Novartis loses bid to block generic. Kezar lupus trial stopped. Why are so many pharmacies closing. See more on our front page
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It is somewhere in-between A and B. Good biotech drugs aimed at large indications that are Phase II/III or entering the market for large indications will do OK. Niche drugs and those that are preclinical will have a hard time staying funded.