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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (1348)7/25/2000 2:43:01 PM
From: rkrw  Respond to of 52153
 
I find CBST and daptomycin to be a mystery as well.
As far as LLY, if it is a future $1B drug, they screwed up, but that said, as I understand it, LLY is to receive a sizable royalty rate, well into the double digits.

Ironically, the three Jay picks are each pinning their hopes on big pharma castoff products. CVTX's ranolazine is a Syntex product (purged when Roche bought Syntex), CBST with LLY's daptomycin and I believe the NBIX sleep drug is an AHP drug, sublicensed to DOV which further licensed it to NBIX.



To: Biomaven who wrote (1348)7/25/2000 2:45:26 PM
From: biowa  Respond to of 52153
 
Peter,

If the in vitro data to date (potently bactericidal against most - probably all - Gram positive bacteria, including those that are resistant to everything else in the armentarium, with very slow resistance development) is borne out in the PII/PIII trials currently underway I suspect Lilly will be really, really, really mad. All IMO.

biowa