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Replies to post #88638 on Biotech Values

Replies to #88638 on Biotech Values
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DewDiligence

01/08/10 1:26 AM

#88639 RE: mcbio #88638

LGND GSK:

What do you have in mind for "solid midsized drug"?

$400M in peak annual sales.
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ghmm

05/25/10 7:04 AM

#96311 RE: mcbio #88638

LGND:

Just for completeness here is a snapshot of the Royalty rate on Promcata (and some of their other drugs too) from Ligand's 10-K. They do one of the best jobs that I have seen of disclosing royalties!