Biotech Values

[DewDiligence]

Re: MNTA's tax assets

I assume that the deferred tax asset is just the carryforward losses adjusted by expected tax rate plus a few miscellaneous credits etc?

Right. The miscellaneous items are shown separately in the table on page 83 of the 10K report. The main line item in the table in the amount of $92M is 38.5% of the $239M of cumulative NOL’s (35% for the federal income tax and 3.5% for the Massachusetts income tax).