Biotech Values

[alertmeipp]

my post was misleading. let's put it this way.

Let's use your 60M #.

assuming growth rate of 5% and discount of 15%, that 60M income steam is worth about $600 million.

new competition may enter the market,etc but the counter argument is sole approval maybe here to stay.

i would argue at current price, we are not paying much for the rest of the company.