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


To: Biomaven who wrote (8214)4/30/2003 3:25:51 PM
From: jayhawk969  Read Replies (3) | Respond to of 52153
 
I will post relevant information as I find it.
DOVP
1. Royalty 3.5% net (best estimate)
2. Royalty/Patent expiration 2020
3. Market Cap 83.6MM
4. Shares Outstanding 14.41 MM
5. Cash 60MM
6. Three other Phase III's in progress
Therefore every $100,000,000 in Indiplone sales is $.24 per share of DOVP If it hits a Billion that is is $2.40 per share.

NBIX
1. Royalty 22.5% (best estimate)
2. Market Cap 1.39 B
3. Shares Outstanding 30.72 MM
4. Therefore every $100,000,000 in Indiplone sales is $.73 per share of NBIX @ 1 Billion it is $7.30 per share

Ratio of revenue per share DOVP/NBIX = .33
Ration of Market Caps DOVP/NBIX = .06

DOVP 5.5x more sensitive

if this analysis is correct.

Comments?