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Incyte Corporation Message Board

  • tjnelis tjnelis Nov 12, 2012 12:53 PM Flag

    maddison lly and nvs

    you will probably correct me again, but here goes
    nvs deal was 1st with incy potential 1.2Billion (210m up front)and incy keeps usa rights to the drug
    lly deal , agreed on AFTER the nvs , 660million ( 65m or 90m up front)and lly gets WORLD WIDE RIGHTS, at certain milestone, incyte had option and moved on it to repurchase 28% of rights and help
    with the cost of the testing.......RA market worth an estimated 20Billion
    why would incye have done a deal with lly, that is far less financally benefical, unless they could repurchase (make milestones) and recieve back rights to a much bigger potential market, they were no longer in desperate need of money as they just got a huge amount from nvs. why would they have not done a similar deal then that they got to keep the usa rights.........therefore based on said info and looking at the numbers, unless they get the opportunity to retake a LARGER % from LLY it was a bad deal compared to nvs deal....... IMHO

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