Biotech Values

[mcbio]

What do you mean it would make LGND a bit more intriguing. I thought it already was .

LOL I like the quantity in that pipeline as I think, especially at current valuation, there's a lot of downside protection. Just wonder what the clear quality is that will drive future upside. Maybe this is it.

Do you know LGND royalties on this one, if it does indeed turn out to be the BACE inhibitor in question? Mid-single digits? Double?