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Replies to #30809 on Biotech Values
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Praveen

06/30/06 9:02 AM

#30812 RE: DewDiligence #30809

That's a 3.5Million people market in US unpartnered which is the most lucrative. And they get 545M $ in milestones.

Rest of the world, Mid 20's royalty and 50-50 development costs where the drug pricing has lots of if's n but's is not bad at all.

All in all, I feel it is a wonderful deal for Vertex. I feel Novartis bungled up with all of it's deals in Hcv space. It missed the bus in Vertex's case.

JMHO,
Praveen