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Re: mcbio post# 105209

Tuesday, 09/28/2010 2:12:56 PM

Tuesday, September 28, 2010 2:12:56 PM

Post# of 257302
Quiz: For which biotech company is the distinction between gross and net royalties most consequential?

To shrink the set of candidate companies to a manageable size, consider only companies for which sales-based royalties have not yet begun.

Clearly, there is no provably correct answer to this quiz, but I have a particular company in mind that I think is hard to top.

“The efficient-market hypothesis may be
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