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DewDiligence

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Re: caravon post# 199591

Monday, 02/08/2016 7:16:42 PM

Monday, February 08, 2016 7:16:42 PM

Post# of 257300

Please clarify: does ENTA's [pro forma] cash of $254.5 include...$17.9M [royalty revenue]?

Yes. The $17.9M of royalty revenue earned during FY1Q16 was in the accounts receivable line on the 12/31/15 balance sheet; the actual $17.9M of cash was received from ABBV in January.

“The efficient-market hypothesis may be
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