BTA 0.00% 57.0¢ biota holdings limited

biota provides progress update on gsk litigation, page-4

  1. SCD
    3,438 Posts.
    Great news that they state that...

    "The July 2005 estimate [between $308m and $430m] may vary in the future...as documents are received from GSK and more information emerges about pandemic stockpiling of antiviral drugs, including Relenza"

    Looks like $308m is the absolute bottom line and it is probable that the claim could be significantly higher than $430m - especially if seen as a % of the total market over the next few years.

    Peter Molloy stated in the BioForum that "Sales of influenza antivirals this year could reach US$1billion and next year US$2billion or more. At the same time, and amid concerns about viral resistance to Tamiflu, the world is rediscovering the value of Relenza"
 
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