http://www.bloomberg.com/quote/SAN:FP Sanofi $96Bn Euro market cap
Deal just announced is MINIMUM 150M units per year.....
Deal length to 2024.....
Not sure if the link below will work. Reference the Griffin report 12/7/12. High volume sales at <$1 and low volume >$1. Lets give Sanofi a 20% discount because they helped build the factory.
So thats 80c per unit at 150M units by 4 year ramp up and 7 years at 100%.
7 years gross at $840M minimum........ 4 years at say 25% first 2 and 50% last 2, another $180M
That's a minimum of $1020M over the life of the legally binding and signed contract !!!!!!!
Keeping in mind of course its for one drug "Lovenox" and its with only one company "Sanofi" with 11 more contracts planned to be announced between now and Christmas.
Come on Mods give us a break, how long have we been waiting for this !!!!!
Please unblock the previous thread because its not a ramp its a signed contract.
Thx Snork
UNS Price at posting:
64.0¢ Sentiment: Buy Disclosure: Held