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Elan Corporation, plc Message Board

  • richardleeds richardleeds Sep 21, 2009 8:59 PM Flag

    Does J&J finance ELN's part of Wyeth-alz.

    Does anyone know if J&J finances the ELN joint venture with Wyeth on the Alzheimer drug development pipeline?

    If that is the case then the market is not valuing that ELN gets around 25% of any drug for no development cost.

    Assuming the Biib drug continues to grow customers and the Alzheimer drug progresses along, this is the cheapest $7 drug company with potentially two big time drugs selling for around $4b total market value. Of course an Alzheimer drug is a long shot.

 

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