Replies to post #107803 on Biotech Values

[zipjet]

In this particular situation, with the Teva overhang, I would guess that they will be more cautious about reversing the allowance.

Thanks for the explanation.

This seems like the perfect case to let the DTA run off as earned since if MNTA goes on royalty they swing to a small loss.

ij

[DewDiligence]

It’s also possible for a company to effectuate a partial transfer of the balance-sheet tax asset to current income, although this is relatively uncommon.

[biomaven0]

just effects the income statement

Oops - should be affects.

Peter