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DewDiligence

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DewDiligence

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Re: rkrw post# 71042

Wednesday, 01/07/2009 1:34:29 PM

Wednesday, January 07, 2009 1:34:29 PM

Post# of 257266

The way its structured Biomarin pays but its on la jolla's books, so its not a P&L hit for bmrn.

The up-front payment and the additional payment to opt in will run through BMRN’s P&L statement; the only expense BMRN keeps off its own P&L is the cost of running the clinical trials.


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

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