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skichic

06/28/17 6:41 PM

#35918 RE: Santes8 #35911

I disagree with your statement that their cancer drug was not included, I suspect that drug was a large part of the valuation. They have done very successful prelim studies and I suspect a large drug company wants the patent. After trials are complete and the results are positive, a billion dollar valuation would be peanuts and the players know that.
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medic79

06/29/17 12:44 AM

#35939 RE: Santes8 #35911

Pretty sure it said "current" valuation which doesn't include future development. So the valuation is minimum value, now add in the future development possibilities.