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acgood

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acgood

Re: biomaven0 post# 114928

Wednesday, 02/16/2011 5:46:27 PM

Wednesday, February 16, 2011 5:46:27 PM

Post# of 257443
Exactly...Promacta did about $48m in sales for ITP in 2010 resulting in LGND royalties of ~$2m. Even if Promacta were to become a modestly successful seller, LGND royalties would be substantial for a sub-$200m market cap company. Royalty rate tops out at 9.3% of everything over $400m/year
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