Biotech Values

[caravon]

mcbio,

I was misinterpreted not being clear.

I meant following:
- As of today, Enta Market Cap is $675M
- Getting milestone payments of $20M, $40M, and $195M, using the today evaluation matrix, will increase Enta Market Cap respectfully.

In other word, Enta having ~$300M in cash and a flood of royalty payments following approval cannot be valued at just ~$700. At least, it will be valued at $3B+. The present Enta evaluation is just ridiculous.

I expect Enta to be acquired soon at $5B+