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Replies to #52496 on Biotech Values

DewDiligence

09/19/07 12:46 PM

#52497 RE: rfj1862 #52496

Offsetting that, IDEV now gets a 12.5% royalty on sales instead of the old tiered rate of 15-20%.

rkrw

09/19/07 2:52 PM

#52508 RE: rfj1862 #52496

Agree its very good news for idev. I think the motivation to the deal is getting a foothold into urology offices in front of a planned intro of botox for refractory oab. Regimen for botox/oab is kind of nasty, a series of injections into the bladder. But they think there's a big market there.