Replies to post #105469 on Biotech Values

[DewDiligence]

I would assume "scenario-adjusted basis" uses chance of sole generic.

Right. Scenario-adjusted is a synonym for probability-weighted.

Did Cowen give a concrete number [for the scenario probabilities]?

Not in today’s report, which is very brief. They may have done this in a prior MNTA report. (I’ll check my file later; if someone here has the answer, please post.)