Novartis has just released a new drug used to combat early-onset Alzheimer's. In its first year of commercial release, the drug generates 2.3 billion dollars in new revenues for the company. However, the total cost of producing the drug (including R&D) is equal to 4.8 billion dollars. What is Novartis's approximate "return on sales" at this point? a. A 109% loss. b. A 52% profit. CA 109% profit. d. A 52% loss.
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