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Biotech / Medical : SCIO Scios Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Ausdauer who wrote (1456)2/7/2003 2:55:07 PM
From: Biomaven  Read Replies (1) | Respond to of 1477
 
The bulk of what JNJ is paying for is Natrecor. If all they wanted was the P38 program, they could easily partner instead - cost them $50m upfront instead of $2 billion.

Natrecor estimated peak US sales are of the order of $500m, even without assuming good results from their outpatient trial. If that trial goes well, then it could be a $750m+ drug. Add European sales, and you will see why I am not overjoyed at losing my SCIO stock.

Peter