RAC 0.86% $1.77 race oncology ltd

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    Just some weekend reading

    Biotech Valuation Idiosyncrasies and Best Practices

    Biotech companies with little to no revenue can still be worth billions. Consider the most prominent 2017 biotech M&A deal when Gilead bought Kite Pharma for almost $12 billion. At the time of the deal, Kite had over $600 million in accumulated deficit, but it also had a pipeline of CAR-T cell therapies, which treat cancer

    https://www.toptal.com/finance/valuation/biotech-valuation

 
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