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Biotech / Medical : Sepracor-Looks very promising -- Ignore unavailable to you. Want to Upgrade?


To: Art Vandelay AIA who wrote (2759)5/14/1999 3:07:00 PM
From: quidditch  Read Replies (2) | Respond to of 10280
 
Hey, Art.

Whether costs of pushing through phase trials preparatory for an NDA, co-promotion or developing the sales force, this WILL result in a hit to cash over time. I have increased my position substantially over the past three weeks and am in for the LT. My nagging doubt is burn rate. I had asked the thread a while ago what the burn rate was, no one responded. With $500mm on hand at 12/31/98, less five months use, where do we get to before product sales/royalty revenues begin to amortize R&D, product development and G&A?

Thanks and regards. Steven