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  "documentTitle": "Sarissa Capital | Activist Presentation Deck | 95 slides",
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  "notes": "The chart uses a stacked bar format where the bottom segment represents R&D and the top represents the remainder of revenue, with percentages labeled.",
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      "text": ">$2 Bn spent on R&D in the last 5 years!",
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      "text": "Source: Alkermes corporate filings",
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      "text": "And it costs a lot: R&D spend at ~35-45% of revenue has been excessive",
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