Bo - so Teva paid $3.5bn
Question: What Income did Auspex have @ 31 /12/2014
Answer : $Nil
Question : What was Auspex cash position at 31/12/2014 ?
Answer : US$29.7m cash
Question: What is Auspex major asset
Answer : In 2014, Auspex reported positive results from its Phase 3 clinical trial for SD-809 in Huntington's disease, with plans to submit a New Drug Application (NDA) for this indication by mid-2015.
Point to note is that Pharma is after blockbuster applications..and there lies the opportunity in Mesoblast.
My view only and please DYOR.
GLTAH - 2015
Trading high volume, page-147
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