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  "notes": "Uses red underlining to highlight key phrases in quotes; uses a callout box to synthesize the contradiction.",
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      "kind": "callout",
      "text": "Shareholders shouldn’t have to foot the bill to finance Pops’ inefficient strategies and empire-building aspirations",
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      "text": "Although Pops acknowledges it is expensive to build a commercial infrastructure, he still aspires to build a large commercial platform",
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      "text": "James Frates (CFO), February 2019, in response to why 2019 guided SG&A was ~60% above 2016 levels: I think the key here is building out in a competitive space...",
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      "text": "Sources: Q4’18 earnings call (2/14/19), Stifel 2023 CNS Day (3/29/23)",
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      "text": "Pops and his team admit the obvious: it is expensive for Alkermes to commercialize its drugs",
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