He's no friend of mine. Just saying the high end of his valuation range is likely what we will be dealing with for Prurisol if we strike a deal after this trial.
$50-$100M upfront, $200-$300M milestones to approval with mid 20% royalties. That's assuming sound confirmation of the percentages we saw in P2A. Could be upside or downside from there. Nobody knows except the IPIX team.
A deal on those terms sends our stock to $10 over night.
Go IPIX!
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All my posts are my own personal opinion and speculation. They should not be used as the basis for any investment decision. No, I am not Scottsmith.