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Re: Fred Kadiddlehopper post# 4832

Friday, 11/04/2016 7:03:49 PM

Friday, November 04, 2016 7:03:49 PM

Post# of 8700
Fred - $60m pa in royalties when you're spending $250m pa leaves one big black hole. HALO need to show in the PEG data shortly to be released that this level of expenditure is worth it. I've calculated that HALO will be spending $600m on PEG trials before its gets a penny in sales. So far we haven't really had it made clear to us whether that's a sound investment strategy. To me it's seems crazy and I'm not sure the market is convinced either. The old HALO mantra of paying for In-house products out of partnered royalties is well and truly out of the window.
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