The Triumph of Intangibles
Risk Talking
00:00
Is the Economy More Fragile Than It Used to Be?
In pharma, you have some certainty of how long the products can be valuable because it's until your patent runs out. But if something else comes along that is intubitably better than your product, the value of that product line suddenly collapses away quickly. So I mean, how does intangibles contribute to, as you said, more fragility? Is the economy more fragile than it used to be?
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