In your previous "musing on an HIV deal," you mentioned $500 million at the high end. Assuming that your high-end estimate is correct, how do you think this would break down in terms of upfront money, milestones and royalties? Thanks.
JP Sommadossi implicitly confirmed that IDIX will get a nice chunk of up-front cash from the pending IDX899 partnership. He said that:
• Operating cash burn in 2009 will be about $66M (the same level as in 2008) • No financing will be required to fund operations in 2009 (although the company might opt to raise money opportunistically)
Given that the cash balance at 12/31/08 was $46.3M, the above bullets imply a cash balance at the end of 2009 of negative $20M absent the cash haul from new deals.
Market Data 
Markets 
AI
