RAC 6.14% $1.82 race oncology ltd

Industry news, page-423

  1. 11,249 Posts.
    lightbulb Created with Sketch. 29637
    Extrapolating:
    • FTO is ~15% of all cancers (versus 5% above) and RAC already have 3 initial indications progressing (AML, Melanoma, ccRCC)
    • USD $380M x 3 = USD $1,140 upfront ( AUD $1.6B )
      (I'd prefer RAC to pursue deals with zero equity)
    • USD $1.3B x 3 = USD $3.9M ( AUD $5.5B )
    Imagine a highly speculative scenario where:
    • RAC receives AUD $1.6B upfront and distributes 50-75% of this to shareholders, keeping cash in bank to fund aggressive set of trials. This would be a distribution of AUD $800M to AUD $1.2B to shareholders.
    • RAC then over the course of several years distribute a further AUD $5.5B to shareholders due to contingent milestones
    • Some of these transactions potentially including royalties on future sales ... ?!
    Then rinse-repeat for other indications / formulations (cardio-protective, Zantrene high-dose, Pillar 3)
    Last edited by wombat777: 14/12/21
 
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