Kenny -
BIOX will *NEVER* realize a billion dollars in Gross Revenues, Gross Sales, or whatever you want to call the TOP LINE NUMBER.
The distribution companies - RPR,AHP,ROCHE,BI, and Bayer collectively - it is thought by the author of the comment - may reach a BILLION dollars in Gross Sales.
As best I understand it, final pricing was still up in the air as of a couple of weeks ago, but the best guess was that BIOX'S Gross Sales would equal $30.00 (thirty-dollars) * (times) each vial of product sold to those distribution companies listed above.
Note:I am assuming 1 Vial = 1 Needles worth
Some people expect them to make about $100 million in Gross Revenues (Sales) if the product does well.
Don't get me wrong.
BIOX is my largest holding.
So I am rootin for it too.
But just wanted you to have the facts, as best I understand them.
BTW
If Bayer licenses Synvisc from BIOX for the distribution rights to China, in my DUMB OPINION, they pay $25.0 - $35.0 million. As I know you know, BIOX only has about 11 million shares outstanding.
Regards,
John McCarthy |