Replies to post #1943 on Idenix Pharmaceuticals (IDIX)

[grandpatb]

Bid/Ask quotes are removed from the Scwhab market board(Street Smart). Guesss the MM's need more time to react.

[rkrw]

Since it was a profit split before, but the launch is slower and the losses higher than expected, I'd est a 20% royalty. That's assuming its a flat rate.

[dewophile]

"However, the PR doesn’t say what the new royalty rate on Tyzeka sales will be. Without knowing that, the agreement is
hard to evaluate."

given how tyzeka is selling, I don't think the royalty rate is that critical to evaluating the restructuring - at least near to mid-term (and IDIX could very well be a wholly owned NVS company before we ever fully appreciate the commercial potential of tyzeka)

the reason idix got below cash was the burn - so this imo has to be construed as a step in the right direction

but there is no denying what idix is at this juncture - an early stage development company with a sizable amount of cash

[silly beaver]

This could have been good news. But who is to know? When will we get the details? Next earnings call?