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Replies to #82056 on Biotech Values
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DewDiligence

08/24/09 10:35 PM

#82828 RE: DewDiligence #82056

IDIX Major Shareholders

[Updated for small “true up” purchase by NVS on 8/21/09. The
denominator used to calculate the percentages shown below is
66.3M, the number of basic shares outstanding, which is less
than the 71M figure I use for valuation purposes (#msg-40353178).]
 
Shares Stake

Novartis 31,320,824 47.2%
MPM Capital 3,321,534 5.0%
GlaxoSmithKline 2,474,527 3.7%
JP Sommadossi 2,219,754 *3.3%

*JP Sommadossi, IDIX’s CEO, owns 1.8M options
in addition to the 2.2M shares shown in the table.