Senomys(SNMX)- A Taste for Success!!! Message Board

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Biotech / Medical : Senomys(SNMX)- A Taste for Success!!!

SNMX 1.490

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Nov 5 4:00 PM EST

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From: lrb	3/26/2005 11:54:58 AM
	Read Replies (2) of 192

TexasDude, From your thread header: One analyst has made the following projections for this Nestle alliance for the savory product: Nestlé’s global annual sales for the product category that “could” use the (SNMX) savory ingredient are about $6.4 billion. Assuming that only 10% of these sales convert to the (SNMX) enhanced product and that (SNMX) only gets the lowest of the 1-4% royalty range that (SNMX) management has stated that their alliance deals are based, this would generate revenues to (SNMX) of about $64Million dollars. This is a straight revenue source to (SNMX) as the manufacturing cost is to be borne by Nestle. This is only one deal that could bring in $64Million in annual revenue and this isn’t the project that has the most potential for (SNMX) IMO. I think this analyst has misplaced a decimal point: 10% of $6.4Billion = $640Million, and the 1% royalty on $640Million would be $6.4Million, not $64Million

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