Biotech Values

[DewDiligence]

> HGSI Abthrax – I wonder what the shelf life is and odds it goes to waste? 1 year and 99.9%?<

On the Abthrax CC, they wouldn’t give the shelf life, but I think it’s reasonable to infer that it’s longer than one year. Perhaps the shelf life is much longer than a year because management said they do not anticipate material follow-on orders due to attrition. (I assume they aren’t counting on inventories being exhausted from a near-term terrorist incident.)

At least three analysts tried to gauge the margins from this relatively small order, but HGSI wouldn’t bite. My wild guess is that net pre-tax profit is in the $35-50M range.