That's the current "opener" Al is looking for prior to approval. After approval, the price will rise. With that being said, don't look for a partnership prior to approval. To high of a price, to great of a risk.
Dave Parker outfielder for the Pittsburgh pirates signed the 1st million dollar contract in 1979. Prior to that....I recall that price was out of the question. Haha! Here we r now with the biggest selling drug of all time. No surprise to me of mnkd is demanding 1b.
Unless there is inside knowledge, no one is going to pay a $ 1 billion upfront without even knowing tha the FDA has "approved".
Billions don't grow on trees and as much as that would improve my own retirement, that's not going to happen pre-approval. My cost averages to the $ 3.10 range and personally I'd be happy as a clam with such deal pre approval but I don't see it happen . Post approival that would be a de minimis.