So what is the price to sales for biologics manuf? 7? That's a pps of about $22, which is fine with me. What is the profit margin of biologics manuf? Greater than Cambrex 40%?
For the record, we are nowhere near $200m or 40%. Hopefully in a few years.
I think things are getting carried away again with Bavi dreams and sales projections that have not come from the company. They projected less than 70m for the year. I doubt that they will be off by more than 10%.
Stories of them announcing a couple weeks early so they don't have to include in projections a pr that came a week later does not make sense. Wishful thinking.
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