Replies to post #126807 on Biotech Values

[10nisman]

maybe, or like others,slash its burn rate( non-tech guys hopefully) ,conserve cash and partner for more modest up front terms

Burn rate will be cut, Momenta could open itself up for take out offers and more partner friendly FoB partnership.

The market is current assigning MNTA a current market capitalization of ~$650M on a fully diluted basis. MNTA should end the month with approximately $400M in cash and A/R, thus $250M buys the rest MNTA (mL, mC, etc.). It makes sense for CW and the Board to sit down and figure out a strategy for maximizing shareholder value whether its monetizing mL to selling MNTA.