Assumptions - No other gL enters the market place for 2012 & 2013. - No $ contribution from other products (mC, FOB, etc...) - Loss of market share to oral anticoagulant drugs is factored in to 2012 & 2013. - MNTA's NOL's will largely get used up in 2011. MNTA will be fully taxed in 2012 and going forward......
Based on my interpretation of the agreement between MNTA/NVS apropos the "hybrid" royalty/profit share arrangement.