Saturday, April 29, 2023 9:24:17 AM
He was asked about their BD strategy. Here is what he said about current assets valuation, "It really -- it's asset by asset. But, I think the generalization I can give is, that they're far more reasonable than they were in 2008, when I started doing this, and we were paying five times revenue. So I think the valuation perceptions of the sellers are reasonable and they've come in check. And we're seeing, a very large amount of very attractive opportunities." So, they paid for Rolvedon ~$250M. If they would be paying this price in 2008, they would be expecting sales of Rolvedon at $50M/year. Ridiculously low. I guess, it is really good deal for them.
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