Sell side Analysts estimate:
ELN (Tysarbi) cummulative Royalty rev. to 2020: 3.7Billion
LGND (Top 5 products only): 0.85Billion HIGH: 0.6Billion MEAN
ELN Marketcap - Takeover bid valuation 8.45 Billion
LGND Marketcap current : 0,99 Billion
looks like at least from a cash-flow perspective LGND still 50% undervalued.
I actually prefere having a diversified pipeline than a single product royalty.
Agreed. I was a tad surprise to see Perrigo jump in into $ELN. Royalty streams are not their wheel house. But the tax rate cut is huge.
sandy and takes on what we are going to hear on Thursday? Do you think we will dip after the call, for a week or 2? or will we see 50 plus once again by friday