Whilst the initial capital outlay could be considered a small outlay, substantial royalties will need to be paid to the vendors year in year out if it is successful. IIRC it could be in the low 100s of millions each year if wildly successful which imo goes a long way to explaining why it appears that BOT acquired what is described as potentially being a cash cow for what, at first glance, appears to be a cheap price.
Ann: BOT Submits FDA New Drug Application for Sofpironium Bromide, page-35
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37.5¢ |
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Mkt cap ! $669.7M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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