"The debate is on; how much will a pill of $PCYC's ibrutinib go for? $20? Do the math and expect the market to reprice $PCYC accordingly."
more then you can afford i am sure ..Now go back to your sandbox and play!
My doc suggests could go as a high as $10,000 a month without insurance.
It's a pill. Only a pill.
No insurance will pay $120,000/year for ibrutinib. The expectation is that $10,000/patient is to be expected.
With 5000 potential patients in the US it's a big 50 million revenue.
Tough for a 6 billion market cap corporation. You think the market will keep on pricing PCYC at $80 after a couple earnings calls? Nope.
You think J&J will go for a big 6 billion buyout? Nope. They'll wait until the market cap deflates big time and then might go for it.
Think about it.