1
Previously on "Billions"
- Cancer?
- Yeah.
- Shit.
- Pancreatic.
Walter and the kids gonna have enough?
Nobody's gonna starve, but
I could've done better.
Forty million.
What if we could get you there?
It won't be simple.
It'll
require deception.
[Bobby] And your final weeks and months,
they won't be your own.
Bobby Axelrod used Donnie
to feed us information
that he would never live to testify to.
tense music
Donnie's gone.
How long you figure it's been
since we've had a session?
[Lara] I made some decisions.
You shuttered it.
[Lara] Selling the farm, too.
[Chuck Sr.
] You know, if you had
listened to me in the first place
and hadn't blown up the
deal with Axelrod,
we would not be in this spot, would we?
The game has changed, and you
haven't changed with it.
Your advice is no longer welcome.
It was hard on Donnie,
not being able to tell you.
Did other people know?
Hey.
What are you doing here?
[Ari] He is a candidate for
a drug trial in Pittsburgh
that's been yielding some
pretty interesting results.
Kind of rough for a guy who's
been through a lot already.
[Ari] It can be.
[Bobby] Maybe we shouldn't bring it up.
[telephones ringing,
indistinct conversations]
What the fuck?
- Mafee wants to see you.
- [Bobby] I just waved him in.
He wanted me to ask you permission.
Permission for what?
He comes in here all the fucking time.
Door's always open.
You know that.
I love Mafee.
He wants to talk about BioLance.
Oh.
Well, in that case, fire him.
Yeah.
He said that you said he's
not allowed to bring it up.
No, he can, if he wants to get fired.
Right, but if he doesn't bring it up,
he thinks you're gonna lose 400 million.
And since he's executing the trade
He thinks I'll fire him then.
Sticky.
I can see how that's sticky.
Can he come in?
Of course.
I love Mafee.
[handle clicks,
indistinct conversations]
It's okay?
We'll see.
Axe, special announcement call
from BioLance is in nine minutes.
I've been losing sleep over
it, and I sleep like a bear.
Brown or polar?
Which hibernate?
They all hibernate.
They're bears.
Then both, but not lately.
[Bobby] Uh-huh.
I can pare our position before the call.
We can still make 10%.
If we hold and I'm right,
what do we make then?
We double our money.
If we were a benchmark
fund, ten would be great.
But we are no benchmark fund.
I'm just afraid we're gonna lose.
All my research is telling me
that approval is a coin flip.
Right.
Do Ben Kim and
all the other analysts
agree with you?
To a man.
First, I told you yesterday
and the day before
that I understood the risks.
I've done the channel checks.
I've done the homework.
BioLance's inhibitor is
gonna be lights out.
Six other companies have
inhibitors in the works.
Only one's gonna win
approval and market share.
That's why I think we
should wait, get in later.
Oh.
Second, you're fired.
I'm fired?
That's what he said.
We're already in BioLance.
That's where the win is.
I-I just don't see what
the difference maker is.
I'm the difference maker.
I tried.
You tried.
And now I'm fired.
Goodbye, Mafee.
[woman on speakerphone]
The next voice you hear
will be the BioLance
CEO, Brooks Wellever.
- [telephone beeps]
- [Brooks] So you all know
how important the development
of our SGLT 2 inhibitor
for treatment of Type 2
diabetes is to this company,
how deep our investment has been.
And I wish I had better news.
We were just notified by the FDA
that we were denied approval.
[employees sigh, groan]
[Brooks] We estimate a time
horizon of five more years
to complete fixes.
But at our current burn rate of cash,
we only have three years
of operating ex
[telephone beeps]
tense, pulsating music
[music volume increases]
[employees murmuring]
What's the damage?
Stock is halted until the morning,
but there are no bids in sight.
- It's gonna be ugly.
- [Wags] Shit.
430 million dollar loss.
Could turn into twice that.
[telephone ringing in distance]
[indistinct conversations]
[door closes]
[footsteps thudding]
[object rattles and thuds]
- What are you doing?
- [chair clatters]
- You fired me.
You know never to listen
to me about shit like that
between 9:30 and 4:00.
How could I fire you?
- I love you, Mafee.
- [pats shoulder]
[indistinct conversations continue]
[footsteps thudding]
pensive music playing
[objects rustle]
[indistinct conversations]
- [Wendy] Hey.
- [Maria] Wendy.
[exhales] Oh, I am so glad
you're thinking about us.
Hey, Roma wants to give
you the tour herself.
How are you?
Work is a happy place now.
[Maria] Come on.
I'll introduce you.
[Wendy] Great space.
I have an eye for it.
Even
better one for talent.
I knew that as soon
as you snagged Maria.
She's a perfect fit.
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