Let's look at the potential
SKII does A$3.2bn in wholesales per year.
400,000 RNA packages with booster at $185 is only $74m or $1.2m in royalties. Then we are break even/qtr on just W2
2m packages across multiple combos at $185-200/pkg is $370m.
I'm assuming we get $1.50-3.00 royalty that's quite easily $3-6m plus plus royalties on W1 plus W3&4 plus unfront payments for Tech 2
It's looking very juicy
Remember A$3.2bn in wholesales revenues last year on just SK11......then add Olay
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Let's look at the potential SKII does A$3.2bn in wholesales per...
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