Replies to post #113381 on Biotech Values

[Rocky3]

Higher compared to what?

Current overhead expenses.

I have been using quarterly overhead at ~$20MM.

I think it will be closer to $25MM by the end of '11.

Only $20MM more annually, but every $20MM adds up if you don't have equal cash flow (assuming tLov is approved - late '11 at best I hope).