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Wednesday, July 19, 2006 2:00:19 AM
so the net investment is 68mln..
discounted by not having to put up their own specific sales team there..so overall net investment is even smaller..
they definately will make a profit on that, evne if increlex sales are a small portion of the market, will still generatesome revenue
"Ipsen invests maximum $123.6MM but gets in return max. $55MM from TRCA = a net investment of $68.6MM in TRCA. Apart from mutual income from sales. So Ipsen pays only for 400 guaranteed patients while being able to sell Increlex worldwide where approved. This brings TRCA a max of 55% of $28000/year = $13.5K/patient/year."
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