Big difference between the MYL-MNTA FoB deal announced today and the BXLT-MNTA FoB deal announced four years ago (#msg-70212854): The MYL-MNTA deal splits global profits 50/50, while the BXLT deal gave MNTA only royalties and milestone payments.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”