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Monday, March 05, 2007 7:53:00 AM
according to CYTR, they received 24.5Million for 1% revenue. I mean that means the worst conservative estimate of total global ALS revenue is almost 2.5B. Assume that CYTR's drug will succeed, and assume that IPLEX gets half of the ALS market(sharing it with CYTR, that means there is 1.25B minimum revenue from ALS alone. Then further assume a 30% margin, that's 400Million +, discount it 20%, ALS alone is worth 300Million + market cap!!!
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