Replies to post #9603 on Titan Pharmaceuticals Inc (TTNP)

[bryansyy]

5000 Drs x $4995 per application x 2 times per yr = $49,950,000.

A conservative 15 pct royalty 49.95 mil x .15 = $7,492,500. Avg pharma PE of 32 = $239,760,000.

That's one patient per dr. $23.9/20 mil outstanding = $12 pps. Seems a more logical floor than 6ish.

Even adding only a second patient per dr takes share price to 24.

Is that math right? This is crazy. Could get fun when numbers come out