Replies to post #213721 on Biotech Values

[DewDiligence]

Nitpick: TBPH’s 10-K (page 14) says the royalty-rate range (to which the 85% factor is applied) is 6.5% (not 6.8%) to 10% (https://www.sec.gov/Archives/edgar/data/1583107/000104746917001086/a2231044z10-k.htm ).