Pharma sector is favorite sector of many traders and investors.
It is neither too defensive as FMCG nor too volatile as Banking or I.T. sector.
Any pharma company can manufacture drugs but the real challenge lies in new drug discovery.
Their is no dearth of medical conditions and complications in the world.
Rather, with every passing hour, newer diseases and challenges are popping up and old solutions are becoming ineffective.
There is always a huge and urgent demand for newer drug molecules.
But new drugs are not easy to discover.
You need an army of highly qualified,talented and dedicated researchers.
Millions, at times even Billions, are pumped for research and trials.
and not to forget years and years of painful waiting....
....and after all this, many a times the end result is frustrating.
So, why do companies spend their fortunes on drug discovery?
Why do they bet their entire existence on r&d?
Why is there so fierce competition and race to be the first to come out with the new drug?
The answer is.....the mind boggling reward!
Human beings can live without anything except Food and......Medicine!!!
It may take millions or billions on the way to new drug discovery
but once the formula is in your hand
all doors to heaven open!
Unbelievable sales volumes are assured....
Cost of raw material is peanuts....
but the price commanded by the drug is......
.......whatever you ask for!!!
......and there is no competition!
Don't be surprised if you were told that a 395 rupee speciality tablet actually costs 3rupee 95paise!
Just discover it once and thereafter all you have to do is .... keep multiplying....keep multiplying!
Learning stock trading is also like drug discovery.
It is time consuming!
It is money draining!
It is frustrating....and stressful.....and painful.....and seemingly unending.....
but once you have cracked the code
once you have the formula in your hand
once you have discovered "the magical drug to your ills"
all doors to heaven open!
Just discover your "drug" once and thereafter all you have to do is...keep multiplying...keep multiplying!
2 comments:
True,true,true . . .
jagmohan bhaiiiiiii, bahut late se i discovered your blog..
should it have been much earlier.... mouthwatering!!!
Anyway, better late than never..
Come soon from the grand long picnic, with plenty of new ideas, encouraging messages.. etc etc
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