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jbog

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jbog

Re: DewDiligence post# 16064

Wednesday, 11/02/2016 9:27:00 AM

Wednesday, November 02, 2016 9:27:00 AM

Post# of 20689
If the numbers have been reported correctly, it looks like Sandoz/Momenta only has a 9% COGS number for Glatopia.

For the 1st 9 months, Novartis reported $140m in sales and so far Momenta has reported $63.9 mil in royalty. I believe Sandoz also retains 50% so that would put the net profit at $127.8 mil so far this year.

Seems rich, but nice.
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