A Quote by Pankaj Patel

Financial risk is always associated with drug discovery. But the benefit that a blockbuster drug can bring to the business can be phenomenal if you can take that risk.

Pankaj Patel

Quote Topics

Always Associated Benefit Blockbuster Bring Business Discovery Drug Financial Financial Risk Phenomenal Risk Take

Quote Author

Pankaj Patel
Indian - Businessman
Born: 1951

The risk of sudden death is miniscule, overstating this risk is not going to stop them from taking the drug.

Peter Jennings

Consider the clinicaltrials by which drugs are tested in human subjects.5 Before a new drug can enter the market, its manufacturer must sponsor clinicaltrials to show the Food and Drug Administration that the drug is safe and effective, usually as compared with a placebo or dummy pill. The results of all the trials (there may be many) are submitted to the FDA, and if one or two trials are positive—that is, they show effectiveness without serious risk—the drug is usually approved, even if all the other trials are negative.

Marcia Angell

Influenza is a serious disease. Kids die of influenza, both in Japan and the United States, and if you give a drug to people who are at risk of dying, there will be people who die who got the drug,... There is no signal the drug is doing it as opposed to the disease.

Robert Nelson

Risks I think are the thing that make life important and everything that you and I do is risk vs. benefit. Is there a risk to sending your kid out? Absolutely. Is there a benefit? It exceeds the risk.

C. Everett Koop

It is not enough to show that drug A is better than drug B on the average. One is invited to ask, 'For which people ("& why") is drug A better than drug B, and vice versa? If drug A cures 40% and drug B cures 60%, perhaps the right choice of drug for each person would result in 100% cures.'

Lancelot Hogben

If you consider risk versus benefit, I mean, what is the risk of meditating? You just spend twenty minutes meditating. It's one of the things you can say is pretty much zero risk and there is the potential for massive benefit. Even if it's just minimal benefit, who wouldn't want that?

Jennifer Ashton

I have a perverse attraction to risk. Not physical risk but emotional, financial risk - anything than can't kill you immediately.

Scott Adams

...In the vast majority of drug experiments, it is not uncommon for none or one or two of hundreds of patients to benefit from the drug.

Ted Gup

In some industries, we refer to risk taking as 'research and development.' At financial institutions, we often take risk by investing in securities.

Kenneth C. Griffin

We're in the business not so much of being contrarians deliberately, but rather we like to take perceived risk instead of actual risk. And what I mean by that is that you get paid for taking a risk that people think is risky, you particularly don't get paid for taking actual risk.

Wilbur Ross

To laugh is to risk appearing a fool. To weep is to risk appearing sentimental. To reach out to another is to risk involvement. To expose feelings is to risk exposing your true self. To place your ideas and dreams before a crowd is to risk their loss. To love is to risk not being loved in return. To hope is to risk pain. To try is to risk failure. But risks must be taken, because the greatest hazard in life is to risk nothing.

William Arthur Ward

I think risk is important. I don't care if it's a great financial risk or a physical risk. You only get out of something what you put into it and the fact that you are willing to risk something means that you are going to get a lot more out of it.

Yvon Chouinard

Drug discovery is terribly expensive, just to find out how one drug could or could not work and all its side effects.

Henry Markram

to love is to risk, not being loved in return. to hope is to risk pain. to try is to risk failure. but risk must be taken because the greatest hazard in my life is to risk nothing.

Bob Marley

Our entire approach to the banking and financial services business is risk-adjusted returns. We believe that in most parts of the world, and including pockets in India, banking tends to mis-price risk.