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piece o mind

12/30/14 4:13 PM

#57923 RE: Whosetosay #57920

i can see that most on the boards don't take the financing of the company to serious. like the old saying, you have to spend money to make money. unfortunately ariad doesn't have the money to spend at its disposal. so what happens if mN is a winner? how do we finance its development? or are you stating that it needs to be a big winner for a reasonable b.o.?
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lax20m

12/30/14 4:43 PM

#57927 RE: Whosetosay #57920

Don't think your math is correct there. Your math would only be correct if they sold the entire rights of iclusig. Instead they have partnered, maintain rights to a certain portion of the sales have obtained future cost sharing benefits and are also eligible for milestones. We don't have enough information to do a calculation but if you are doing a back of an envelope you would need to increase it substantially to reflect that we still receive a substantial portion of the sales proceeds and further milestones.