Biotech Values

[DFRAI]

jbog - mnta estimates

we know from sandoz that in the first 14 DAYS, they shipped 5 million units - stuffed the channels - see pg 8 of sandoz response

also, sandoz estimated the next 6 weeks of normalized sales would be in the range of 60 million

the rest of assumptions would be based on the volume shipped for those 6 weeks and would result in annual sales of aprox 232 million to MNTA based on 45% cut, 1 generic.

for year 2 - assuming Sandoz/MNTA grab 50% share of the market - i come up with aprox 391 million to MNTA - same 1 generic assumption

So there is a lot of room to grow sales going forward - 2nd yr of sales of aprox 80% if Sandoz/MNTA get 50% share of market which could be doable.