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Biotech / Medical : Zonagen (zona) - good buy?

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To: Tokyo VD who wrote (5780)10/1/1998 10:34:00 AM
From: Dauntless  Read Replies (1) of 7041
 
Tokyo - could you return the favor?

I'm having trouble following your statement...

>>ICOS signed a 50/50 deal with Lilly for $75 million upfront payment for the rights to its PDE5 currently in Phase II. A cynic could construe that Lilly values the ED med at $150 million.>>

Not that you're a cynic, but how does this deal by Lilly imply that the ED market is worth $150 million?

Also, can we assume that the "estimated worldwide market" refers to patients, not dollars?

Thanks - good luck today - market looks crappy.
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