Not true! The guidance you cited is for gross operating expenses, not cash burn. ENTA will have substantial royalty income on Mavyret during FY2018 (and beyond).
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.