Biotech Values

[rkrw]

Lets say OGXI gets $100M upfront, Isis take is $30M. Is that going to move their needle at a $1.B market cap? Whereas OGXI market cap is closer to $180M. So in a generous deal 3% of Isis market cap versus 40% for OGXI ($70M/$180M). So my conclusion would be Isis may be a safer way to play ogxi but it's still fairly insignificant to Isis.