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Replies to #29711 on Biotech Values
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ThomasS

06/06/06 1:58 PM

#29714 RE: DewDiligence #29711

NVS: Dew, I don't see a distinct reason for any fallout...NVS is just covering all bases.
HGSI has been working with Albuferon for a while.
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rkrw

06/07/06 10:28 AM

#29799 RE: DewDiligence #29711

RE HGSI, I read over the transcript and have to say I think the deal was a lot better than just OK. Considering this is a drug delivery program, modestly better dosing, not a novel breathrough like drug, $93M upfront (triggered this year), $500M in total milestones, cost split, profit split, probably decent 15-20% royalties ex-US and taken on by nvs, for a drug delivery program into a competitive field is about as good as it gets imo. nvs commitment to hcv is intense. Can't wait to see how they angle into the protease field.