InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,469.30
(
0.39%
)
US TECH 100
19,174.00
(
1.14%
)
Dow Jones
39,112.16
(
-0.76%
)
Brent Oil
84.15
(
-0.05%
)
Bitcoin
61,713.28
(
-0.15%
)
Post# of 252350
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

DewDiligence

Send PM Follow Ignore
Followers 833
Posts 119916
Boards Moderated 17
Alias Born 09/05/2002

DewDiligence

Member Level

Re: Double_Bagel post# 203101

Thursday, 08/04/2016 8:32:06 AM

Thursday, August 04, 2016 8:32:06 AM

Post# of 252350
Re: EGRX’s Bendeka royalty

Treanda and Bendeka revenue up 16% to $207M (from 179 million)… what is the royalty owed to EGRX for the quarter?

We can come pretty close. Assuming that $160M of the $207M of TEVA’s worldwide Treanda/Bendeka sales came from the US market and that Bendeka had a 75% share of the US Treanda/Bendeka market during the quarter, 2Q16 Bendeka sales were about $120M. EGRX’s 20% royalty on $120M of sales is $24M.

We’ll have the exact numbers when EGRX reports 2Q16 results next week.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up